ADTRAN launches scalable AI private cloud solutions to enhance AI networking for US federal agencies, in collaboration with Dell.
ADTRAN Holdings, Inc. (NASDAQ:ADTN ) Q3 2024 Earnings Conference Call November 7, 2024 10:30 AM ET Corporate Participants Tom Stanton - Chief Executive Officer Uli Dopfer - Chief Financial Officer Conference Call Participants George Notter - Jefferies Michael Genovese - Rosenblatt Securities Tim Savageaux - Northland Capital Markets Bill Dezellem - Teiton Capital Ryan Koontz - Needham & Company Operator Ladies and gentlemen, thank you for standing by and welcome to the ADTRAN Holdings Incorporated Third Quarter 2024 Earnings Release Conference Call. All lines have been placed on mute to prevent any background noise.
ADTN reports lackluster results in the third-quarter of 2024 due to soft demand trends in the Network Solutions business.
ADTRAN Holdings (ADTN) came out with a quarterly loss of $0.05 per share versus the Zacks Consensus Estimate of a loss of $0.02. This compares to loss of $0.14 per share a year ago.
CRIANN has selected ADTRAN's industry-leading product suite to deliver greater network connectivity to the academic institution of the Normandy region.
The partnership has enabled ADTN to offer significant value to service providers and the broader Wi-Fi ecosystem.
ADTRAN's cutting-edge solution is selected by D & P Communications for multigigabit network expansion in South Michigan.
ADTRAN's cutting-edge solution is selected by Pulse Fibre for multigigabit network expansion in UK homes.
ADTN expects solid traction in domestic markets for ultra-broadband and fiber-to-the-home solutions.
The deployment presents an opportunity to ADTN to showcase its open, scalable technology in a real-world setting.
ADTRAN is set to showcase its 100ZR QSFP28 pluggable module and the state-of-the-art FSP 3000 open optical line system in Germany.
Quickline has deployed ADTRAN's fiber connectivity solutions to expand network access in underserved areas of rural Yorkshire and Lincolnshire.