NasdaqGS:ADTNCommunications
ADTRAN Holdings (ADTN) Stock Revenue Growth Meets Lingering Margin Pressure
ADTRAN Holdings entered this earnings report as a deep value telecom equipment stock, with the share price down roughly 44% over the past three months and trading well below typical industry P/S levels. The stock slipped about 1% today, a muted move given another quarterly loss and pressure on margins. The key takeaway is that Q2 revenue reached US$281.1m, while non generally accepted accounting principles operating margin compressed to 3.8% as lower margin optical pluggables and a delayed...