Reported Earnings • Aug 13
Second quarter 2026 earnings released: EPS: €0.012 (vs €0.29 loss in 2Q 2025) Second quarter 2026 results: EPS: €0.012 (up from €0.29 loss in 2Q 2025). Revenue: €133.4m (up 22% from 2Q 2025). Net income: €646.0k (up €15.8m from 2Q 2025). Profit margin: 0.5% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Duyuru • Jul 21
Adtran Networks SE to Report Q3, 2026 Results on Nov 03, 2026 Adtran Networks SE announced that they will report Q3, 2026 results on Nov 03, 2026 Upcoming Dividend • Jun 09
Upcoming dividend of €0.52 per share Eligible shareholders must have bought the stock before 16 June 2026. Payment date: 18 June 2026. The company is not currently making a profit and there are not enough cash flows to support it either. Trailing yield: 2.3%. Lower than top quartile of Austrian dividend payers (4.1%). Higher than average of industry peers (1.6%). Duyuru • May 08
Adtran Networks SE announces Annual dividend, payable on June 18, 2026 Adtran Networks SE announced Annual dividend of EUR 0.5200 per share payable on June 18, 2026, ex-date on June 16, 2026 and record date on June 17, 2026. Duyuru • May 07
Adtran Networks SE, Annual General Meeting, Jun 15, 2026 Adtran Networks SE, Annual General Meeting, Jun 15, 2026, at 11:00 W. Europe Standard Time. Duyuru • May 05
Adtran Networks SE to Report Q2, 2026 Results on Aug 04, 2026 Adtran Networks SE announced that they will report Q2, 2026 results on Aug 04, 2026 Reported Earnings • Mar 31
Full year 2025 earnings released: €0.42 loss per share (vs €1.21 loss in FY 2024) Full year 2025 results: €0.42 loss per share (improved from €1.21 loss in FY 2024). Revenue: €481.7m (up 10.0% from FY 2024). Net loss: €21.9m (loss narrowed 65% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Duyuru • Nov 12
Adtran Networks SE to Report Fiscal Year 2025 Final Results on Mar 30, 2026 Adtran Networks SE announced that they will report fiscal year 2025 final results on Mar 30, 2026 Duyuru • Nov 05
Adtran Networks SE to Report Q4, 2025 Results on Feb 26, 2026 Adtran Networks SE announced that they will report Q4, 2025 results on Feb 26, 2026 Reported Earnings • Aug 13
Second quarter 2025 earnings released: €0.29 loss per share (vs €0.016 loss in 2Q 2024) Second quarter 2025 results: €0.29 loss per share (further deteriorated from €0.016 loss in 2Q 2024). Revenue: €109.7m (up 1.5% from 2Q 2024). Net loss: €15.2m (loss widened €14.4m from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 129 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Jun 23
Upcoming dividend of €0.52 per share Eligible shareholders must have bought the stock before 30 June 2025. Payment date: 02 July 2025. Trailing yield: 2.5%. Lower than top quartile of Austrian dividend payers (5.0%). Lower than average of industry peers (3.3%). New Risk • Jun 11
New major risk - Revenue and earnings growth Earnings have declined by 42% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Duyuru • May 21
Adtran Networks SE announces Annual dividend, payable on July 02, 2025 Adtran Networks SE announced Annual dividend of EUR 0.5200 per share payable on July 02, 2025, ex-date on June 30, 2025 and record date on July 01, 2025. Duyuru • May 20
Adtran Networks SE, Annual General Meeting, Jun 27, 2025 Adtran Networks SE, Annual General Meeting, Jun 27, 2025, at 11:00 W. Europe Standard Time. Reported Earnings • May 02
Full year 2024 earnings released: €1.21 loss per share (vs €0.28 loss in FY 2023) Full year 2024 results: €1.21 loss per share (further deteriorated from €0.28 loss in FY 2023). Revenue: €438.1m (down 29% from FY 2023). Net loss: €62.7m (loss widened 332% from FY 2023). Revenue is forecast to grow 8.6% p.a. on average during the next 2 years, compared to a 3.0% growth forecast for the Communications industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 133 percentage points per year, which is a significant difference in performance. New Risk • May 02
New major risk - Revenue and earnings growth Earnings have declined by 25% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Duyuru • Apr 10
Adtran Networks SE to Report Fiscal Year 2024 Final Results on Apr 30, 2025 Adtran Networks SE announced that they will report fiscal year 2024 final results on Apr 30, 2025 Reported Earnings • Aug 13
Second quarter 2024 earnings released: €0.016 loss per share (vs €0.063 profit in 2Q 2023) Second quarter 2024 results: €0.016 loss per share (down from €0.063 profit in 2Q 2023). Revenue: €108.2m (down 36% from 2Q 2023). Net loss: €826.0k (down 125% from profit in 2Q 2023). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Communications industry in Europe. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance. Duyuru • May 03
Adtran Networks SE to Report Q3, 2024 Results on Nov 07, 2024 Adtran Networks SE announced that they will report Q3, 2024 results on Nov 07, 2024 Reported Earnings • Apr 19
Full year 2023 earnings released: €0.28 loss per share (vs €0.35 profit in FY 2022) Full year 2023 results: €0.28 loss per share (down from €0.35 profit in FY 2022). Revenue: €613.7m (down 14% from FY 2022). Net loss: €14.5m (down 180% from profit in FY 2022). Revenue is expected to decline by 1.6% p.a. on average during the next 2 years, while revenues in the Communications industry in Europe are expected to grow by 2.0%. Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 26% per year, which means it is well ahead of earnings. Duyuru • Apr 13
Adtran Networks SE, Annual General Meeting, Jun 28, 2024 Adtran Networks SE, Annual General Meeting, Jun 28, 2024. New Risk • Feb 28
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 7.2% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 7.2% per year for the foreseeable future. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Duyuru • Feb 27
Adtran Networks SE to Report Q1, 2024 Results on May 07, 2024 Adtran Networks SE announced that they will report Q1, 2024 results on May 07, 2024 New Risk • Feb 24
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (1.6% net profit margin). Duyuru • Aug 08
Adtran Networks SE Revises Earnings Guidance for the Financial Year 2023 Adtran Networks SE revised earnings guidance for the financial year 2023. For the year, the company expected revenue to decline in the high single digit to low teens percentage range compared to the business year 2022 (2022: EUR 712.1 million) and pro forma EBIT margin to be in the low single digit percentage range. Duyuru • Jun 23
Adtran Networks SE Announces Resignation of Dr. Johanna Hey as A Member of the Supervisory Board and as Chairwoman, Effective from June 30, 2023 Adtran Networks SE announced that the Chairwoman of the Supervisory Board, Prof. Dr. Johanna Hey, has informed the Company that she will resign from her position as a member of the Supervisory Board and as Chairwoman for private reasons with effect from June 30, 2023. Prof. Dr. Johanna Hey has been a member of the Supervisory Board since May 16, 2011. She has held the office of Chairwoman of the Supervisory Board since September 21, 2022. Duyuru • Nov 08
ADVA Optical Networking SE to Report Q4, 2022 Results on Feb 21, 2023 ADVA Optical Networking SE announced that they will report Q4, 2022 results on Feb 21, 2023 Duyuru • Sep 01
New Holding Company, in Coordination with Adva Intends to Pursue A Delisting and Squeeze-Out of the Adva Shares Adtran Inc. and ADVA Optical Networking SE announced the entry into a business combination agreement to combine the two companies and create a leading global, scaled provider of end-to-end fiber networking solutions for communications service provider, enterprise and government customers. The new holding company, in coordination with the Adva Management and Supervisory Boards, intends to pursue a delisting and squeeze-out of the Adva shares, following settlement of the offer or at a later date, depending on the new holding company's shareholding in Adva, prevailing market conditions and other economic considerations. Duyuru • Aug 12
ADVA Launches Market’s First 25G Demarcation Solution ADVA introduced its FSP 150-XJ128, the industry’s first Layer 2 demarcation device that offers an easy route to 25Gbit/s connectivity services. The solution is specifically designed to enable enterprise networks to expand in an easy and cost-effective way. Until now, businesses had to choose between juggling their 10Gbit/s devices or making the expensive leap to 100Gbit/s. With the ADVA FSP 150-XJ128, they can address soaring data demand without using complex modulation techniques or undergoing a costly footprint increase. The solution simply slots into existing network infrastructure and delivers 2.5x the bandwidth at a lower cost per bit. The ADVA FSP 150-XJ128 is ideal for 5G sites moving to 25Gbit/s and the perfect choice for preparing cable networks for DOCSIS 4.0 and above. The compact device supports 25Gbit/s Ethernet services with sophisticated OAM capabilities. Optimized for cost-sensitive high-bandwidth edge applications, the ADVA FSP 150-XJ128 features fanless operation and an extended temperature range, removing the need for expensive air-conditioning. With its hardware-assisted synchronization features, it also meets the most stringent timing requirements. Managed by ADVA’s Ensemble Controller [2] and Ensemble Packet Director [3], the FSP 150-XJ128 gives operations teams the power of intuitive and comprehensive network control. Reported Earnings • Jul 23
Second quarter 2021 earnings released: EPS €0.24 (vs €0.15 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: €149.4m (up 3.0% from 2Q 2020). Net income: €12.0m (up 57% from 2Q 2020). Profit margin: 8.0% (up from 5.3% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 22% per year, which means it is significantly lagging earnings growth. Duyuru • Jun 25
ADVA Optical Networking SE Launches Its Fully Featured Ensemble SmartWAN Secure Networking Solution ADVA Optical Networking SE launched its fully featured Ensemble SmartWAN secure networking solution. Integrated into ADVA’s Ensemble network functions virtualization (NFV) suite, the new technology offers enterprises a simple and affordable way to leverage the core benefits of software-defined WAN (SD-WAN), while removing the need for additional virtual network functions (VNFs). Now businesses can deploy a turnkey solution that delivers dynamic virtual routing, centralized management, and full visibility of network topology. With zero-touch provisioning for easy deployment and temperature-hardened servers, Ensemble SmartWAN significantly improves return on investment for applications such as dynamic and fully meshed networking and smart city services. At the same time, it preserves the benefits of an open system that supports runtime additions of new VNFs or user applications. The Ensemble SmartWAN vRouter application is a separately licensable option on the Ensemble Connector platform. SmartWAN vRouter utilizes 6WIND’s Turbo Router software-based network appliance to provide a compact, high-performance embedded routing engine. The Ensemble zero-touch provisioning process automatically enables, provisions and licenses the routing engine out-of-the-box. Enterprise network operators will also be able to deploy more advanced hybrid WAN and dynamic networking capabilities via the SmartWAN Secure Networking application. SmartWAN Secure Networking leverages Ensemble Connector and Virtualization Director to build and manage overlay networks via secure static and dynamic VPNs. Ensemble SmartWAN delivers key benefits for service providers, who will be able to unlock more value in their infrastructure platform. It empowers them to support new use cases and offer critical SD-WAN services at a much lower entry cost compared to standalone SD-WAN applications. Duyuru • Jun 08
ADVA Launches TeraFlex™ CoreChannel™ for Industry’s Longest 800G Reach ADVA launched its FSP 3000 TeraFlex™ CoreChannel™, giving internet content providers (ICPs) and communication service providers (CSPs) the power to transmit 800Gbit/s over greater distances than ever before. Using 140GBd sub-carrier technology, the new CoreChannel™ sled offers the market’s longest reach for a single-channel 800Gbit/s solution, enabling ultra-high-capacity transport over existing and new network infrastructure of more than 1,600km. This provides an improvement in reach of over 50% compared with 95GBd technologies. As well as the longest reach, the sled offers the high client port flexibility. TeraFlex™ CoreChannel™ can support 400GbE, 100GbE and 10GbE or a mixture of client speeds. The solution is now being trialed by major carriers and R&E network operators. The launch of ADVA’s CoreChannel™ sled positions the FSP 3000 TeraFlex™ as the industry’s most efficient high-capacity platform for all applications from metro to core to ultra-long-haul submarine links. Compatible with deployed infrastructure, the new solution can transmit 800Gbit/s over more than 1,600km. What’s more, TeraFlex™ CoreChannel™ delivers SNR requirements making it resilient to transmission impairments. Along with the bandwidth flexibility and fractional QAM capabilities of the TeraFlex™ terminal, this ensures 800Gbit/s transport with high efficiency, high performance and lowest cost. Featuring multi-rate client support, the CoreChannel™ sled can transport any mix of 400GbE, 100GbE and 10GbE services, providing customers with flexibility and protecting their investment as they migrate to higher speeds. Duyuru • May 21
ADVA Optical Networking Se Launches Its New Compact, Low-Power Edge Demarcation Solution ADVA Optical Networking SE launched its new compact, low-power edge demarcation solution, giving network operators an easy and cost-efficient route to 10Gbit/s Carrier Ethernet services. The ADVA FSP 150-XG108 Series meets the precise needs of mobile network operators (MNOs) aiming to deliver a faster and more responsive experience by rolling out 5G New Radio equipment at scale. The solution also enables enterprises to affordably extend bandwidth as they push data to the cloud and supports the cost-effective expansion of digitized cable networks. Featuring zero-touch provisioning and 5G timing capabilities, the ADVA FSP 150-XG108 Series is ideal for growing network capacity while reducing footprint, power and cost. The ADVA FSP 150-XG108 Series enables network operators to easily and affordably migrate from 1Gbit/s to 10Gbit/s MEF 3.0 services. Using proven and established OAM processes, it offers simple operation and network integration. With zero-touch provisioning, the ADVA FSP 150-XG108 Series removes the need for technically trained onsite staff and makes service activation quick and easy. Its compact design caters for space-restricted applications and its redundant power supply ensures high availability. The ADVA FSP 150-XG108 Series is also well prepared for emerging timing requirements with hardware-assisted BITS, PTP and SyncE synchronization. Duyuru • May 11
ADVA Launches s FSP 150-XG118Pro (CSH) ADVA launched its FSP 150-XG118Pro (CSH), addressing urgent enterprise demand for high-bandwidth connectivity with robust security. The new member of the ADVA FSP 150 programmable demarcation and edge compute portfolio supports 10Gbit/s MEF 3.0 Carrier Ethernet and IP services, provides precise synchronization capabilities and now features hardware-based encryption. With its comprehensive MACsec security, the ADVA FSP 150-XG118Pro (CSH) enables business data to pass safely and seamlessly across untrusted public networks and empowers communication service providers (CSPs) to offer fully encrypted bandwidth services. What’s more, like ADVA’s FSP 3000 transport solution, the ADVA FSP 150-XG118Pro (CSH) is ready to run post-quantum cryptographic (PQC) algorithms. The ADVA FSP 150-XG118Pro (CSH) combines 10Gbit/s MEF 3.0 Carrier Ethernet and IP service demarcation and aggregation with a rich set of programmability, synchronization and security features. For the first time, CSPs and businesses can deploy a compact and power-efficient solution with next-generation synchronization delivery, NFV-hosting capabilities and robust data protection. The FSP 150-XG118Pro (CSH) features precise clock technology based on Synchronous Ethernet and hardware processing of IEEE 1588 timestamps. Its fully open architecture supports ADVA’s Ensemble Connector and other virtual network function infrastructure. And, based on an enhanced version of MACsec able to encrypt across multiple domains and service provider networks, it provides end-to-end security across MEF Layer 2 cloud networks. Duyuru • Apr 27
ADVA Launches Market’s First Compact Grandmaster Clock with Multi-Band GNSS Receiver ADVA launched its OSA 5405-MB, the industry’s first ultra-compact outdoor PTP grandmaster clock with multi-band GNSS receiver and integrated antenna. Part of the OSA 5405 Series of smart synchronization devices for indoor or outdoor deployment, the OSA 5405-MB ensures timing accuracy by eliminating the impact of ionospheric delay variation. This empowers communication service providers (CSPs) and enterprises to deliver the nanosecond precision needed for 5G fronthaul and other emerging time-sensitive applications. The multi-band GNSS receiver and integrated antenna enable the OSA 5405-MB to meet PRTC-B accuracy requirements (+/-40nsec) even in challenging conditions. For the first time, the technology is available in an edge timing device with minimal footprint, helping operators achieve unprecedented accuracy and reliability as they roll out wide-spread small cell networks. The OSA 5405 Series is a uniquely versatile timing solution ideal for deployment deep in urban canyons, precisely where the most advanced end applications require stringent synchronization. With its small form factor, the OSA 5405-I indoor variant can be positioned on windows to avoid multipath signal interference. Offering both electrical and optical interfaces and featuring cost-effective Ethernet cabling, the OSA 5405 Series avoids the archaic and expensive RF feeds of traditional GNSS installations by integrating an antenna, GNSS receiver and PTP grandmaster in a single device. Now with multi-band GNSS technology, the OSA 5405-MB also protects against timing inaccuracies caused by ionospheric disturbance. By receiving GNSS signals in two frequency bands and using the differences between them to calculate and compensate for delay variation, the OSA 5405-MB eliminates inaccuracy and ensures ultra-precise synchronization whatever the space weather conditions. It can also work with up to four concurrent GNSS constellations (GPS, GALILEO, GLONASS and BEIDOU), increasing the number of observable satellites in urban canyons. A comprehensive set of Syncjack™ PTP and GNSS jamming and spoofing monitoring features in combination with ADVA’s Ensemble Controller and Sync Director assures highest synchronization quality and provides transparency for simple operation of even very large synchronization networks. The OSA 5405-MB also offers network-delivered timing backup to further mitigate GNSS vulnerabilities and make synchronization more robust and resilient. Duyuru • Apr 24
ADVA Optical Networking SE Revises Earnings Guidance for the Fiscal Year 2021 ADVA Optical Networking SE revises earnings guidance for the fiscal year 2021. For the year, the company expects pro forma EBIT margin of between 6% and 10% and maintains the revenue guidance of between EUR 580 million and EUR 610 million for the full year 2021. Reported Earnings • Apr 24
First quarter 2021 earnings released: EPS €0.22 (vs €0.14 loss in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: €144.5m (up 8.9% from 1Q 2020). Net income: €11.2m (up €18.5m from 1Q 2020). Profit margin: 7.8% (up from net loss in 1Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Duyuru • Mar 12
ADVA Launches Compact Timing Solution for Digital Power Substations ADVA launched its OSA 5405-P substation grandmaster, an ultra-compact synchronization solution specifically designed for the digital transformation of power utility networks. The OSA 5405-P delivers the precise and reliable timing that utilities need to leverage new smart grid applications, including intelligent power generation, distribution and control systems. The solution protects mission-critical infrastructure from the risk of outages caused by loss of timing from satellite signals by combining GNSS receivers with accurate PTP grandmaster clocks and network-delivered timing. Available with rack, DIN rail and wall mounting options, the OSA 5405-P also reduces cost and complexity in synchronization networks. What’s more, by supporting both legacy and new timing technologies, the solution empowers utility networks to smoothly and cost-effectively transition to next-generation synchronization.
The OSA 5405-P offers power network operators a risk-free way to migrate their existing timing infrastructure to the accurate and robust PTP timing needed for new automated technologies and smart grid applications. With network-based synchronization backing up timing from GNSS, the OSA 5405-P removes vulnerability to loss of satellite signals. It supports multiple PTP profiles, including the Power Profile, and features NTP as well as IRIG-B interfaces for precise time synchronization of all power system devices. Its Syncjack™ capabilities also deliver accurate, real-time monitoring of synchronization quality. The OSA 5405-P is the ultimate power utility synchronization solution where cost-efficiency and small footprint are key. With rack and DIN rail mounting options, it’s extremely versatile to deploy. Ideal for secondary substations, it can also complement the OSA 5422-IRIG solution in primary substations. The OSA 5405-P also utilizes in-service sync probing and assurance as well as innovative GNSS assurance capabilities. Duyuru • Mar 05
VicTrack transforms rail and government infrastructure with ADVA FSP 3000 ADVA announced that VicTrack is building its new Transport and Government Secure Network (TGSN) on the ADVA FSP 3000. The infrastructure enables railway operators to harness next-generation signaling technologies and provides high-speed connectivity for government agencies. Carrying services at speeds up to 100Gbit/s throughout the Australian state of Victoria, the flexible and fully redundant ROADM network also empowers VicTrack to offer highly reliable and cost-efficient wholesale services at 10Gbit/s and 100Gbit/s. What’s more, the FSP 3000 creates a modular network architecture, which is scalable and ready to support future transport innovation. ADVA’s team is also providing a comprehensive range of professional services from network design to ongoing training and support. Built on ADVA’s FSP 3000 platform, VicTrack’s TGSN is initially a 45-node meshed architecture with links across metro and regional Victoria. Featuring 96 channel filters, the new infrastructure provides a flexible mix of 10Gbit/s and 100Gbit/s services as well as any-to-any connectivity for seamless, simple and secure communication. Designed for scale and bandwidth optimization, ADVA’s FSP 3000 ensures VicTrack’s new TGSN infrastructure meets stringent density and energy demands. VicTrack is also utilizing ADVA’s Ensemble Controller service management solution. With its intuitive web-based user interface, it provides agile control of the ROADM layer and opens the door to automated network management. Reported Earnings • Mar 02
Full year 2020 earnings released: EPS €0.40 (vs €0.14 in FY 2019) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: €565.0m (up 1.5% from FY 2019). Net income: €20.3m (up 188% from FY 2019). Profit margin: 3.6% (up from 1.3% in FY 2019). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Analyst Estimate Surprise Post Earnings • Mar 02
Revenue misses expectations Revenue missed analyst estimates by 0.007%. Over the next year, revenue is forecast to grow 6.3%, compared to a 1.8% growth forecast for the Communications industry in Austria. Duyuru • Feb 16
ADVA Provides Updates on its Field Trial of Quantum-Secured Transport ADVA announced that Colt Technology Services has successfully conducted a field trial of quantum-secured transport using its FSP 3000 platform with ConnectGuard™ Layer 1 encryption technology. The trial utilized quantum key distribution (QKD) to super-encrypt live data traffic, demonstrating how mission-critical services can be protected even against large-scale attacks. Conducted over Colt’s deployed metro network in Frankfurt, the demo shows how enterprise customers can achieve secure cloud access and robustly protect sensitive data in the long term. ADVA’s partner ID Quantique also played a key role in the trial. Widely predicted to be vital to the future of network security, QKD offers the ultimate defense against eavesdropping attacks. Using the laws of physics to create tamper-proof encryption keys, it protects traffic from all threats, including data harvesting for future quantum hacking. Colt’s trial harnessed the ADVA FSP 3000, which receives quantum keys generated by ID Quantique’s QKD technology. The QKD provides quantum random bit strings. These keys are used as an additional entropy source for the ADVA encryption solution, operating at line speeds of 100Gbit/s. The solution is the first commercial high-speed optical networking product to feature a dedicated interface for quantum keys based on the ETSI key delivery standard. Is New 90 Day High Low • Feb 12
New 90-day high: €9.46 The company is up 38% from its price of €6.88 on 13 November 2020. The Austrian market is up 25% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Communications industry, which is up 10.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.10 per share. Duyuru • Feb 04
ADVA Expands Its MicroMux™ Series of Pluggable Devices with Two New Models ADVA expanded its MicroMux™ series of pluggable devices with two new models. The MicroMux™ Nano and the MicroMux™ Quattro now enable network operators to maximize the value of their existing aggregation devices both at the edge and in the core. The two new high-density multiplexers focus on helping customers reduce operational complexity, lower capital expenditures and fully exploit the potential of their existing hardware. The ADVA MicroMux™ Nano fits into 10GbE sockets and fans out ten 1GbE interfaces, bringing new levels of flexibility and efficiency to the network edge. At the other end of the scale, the MicroMux™ Quattro converts 400GbE client ports into four 100GbE ports, reducing cost and complexity at the core. The unique portfolio of standards-compliant multiplexers provides a way to affordably scale data center access and transport networks while meeting legacy needs. The ADVA MicroMux™ Nano is the first device of its kind specifically engineered for the network edge. Requiring no additional equipment, the Layer 2 Ethernet multiplexer easily slots into existing SFP+ client ports, turning 10GbE into ten 1GbE interfaces without inflating cost. Next in size is the original MicroMux™. With over 10,000 deployed in commercial networks, this QSFP28 module is already delivering true scale and flexibility to global cloud and internet service providers by converting 100GbE to ten 10GbE channels. At the core of the network where much higher data rates are required, the ADVA MicroMux™ Quattro aggregates four 100GbE streams into a 400GbE QSFP-DD plug with no increase in footprint. Extremely simple to deploy, all three MicroMux™ plugs provide a major boost to client port density without waste, ensuring no stranded bandwidth and no loss of total system capacity. Duyuru • Jan 29
STC Calls on ADVA’s NFV Suite for uCPE Services ADVA announced that the Saudi Telecom Company (STC) is rolling out on-demand virtual services using ADVA’s Ensemble suite of network functions virtualization (NFV) technologies. The new universal CPE (uCPE) offering is built on the Dell EMC Networking Virtual Edge Platform (VEP) 1405 series running ADVA’s Ensemble Edge Cloud NFV suite. Enterprise customers of STC, the IT service provider in the Middle East, will be able to quickly and easily access virtual services, including routing, firewall, WAN optimization, IoT and voice applications. With the industry’s ecosystem of virtual network functions (VNFs) to choose from, managed service customers can automatically enable new applications and services without any financial risk. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improved over the past week After last week's 17% share price gain to €8.21, the stock is trading at a trailing P/E ratio of 42.3x, up from the previous P/E ratio of 36x. This compares to an average P/E of 32x in the Communications industry in Europe. Total returns to shareholders over the past three years are 21%. Duyuru • Jan 12
ADVA Expands Ensemble Harmony Ecosystem to Include Disaggregated Packet Networking ADVA announced the expansion of its Ensemble Harmony Ecosystem to include disaggregated packet networking. Alpha Networks, Delta, Edgecore Networks and UfiSpace have all joined the open multi-vendor program. Each new member offers high-performance hardware platforms proven to interoperate with ADVA’s Ensemble Activator, a carrier-grade network operating system (NOS) specifically designed for white box switches. The Ensemble Harmony Ecosystem helps to accelerate softwarization and virtualization by offering service providers and enterprises access to the industry’s most comprehensive portfolio of flexible and disaggregated networking technologies. The addition of white box switch suppliers means it now delivers even more value to customers and helps to further simplify their transition to software-driven networking. With the addition of leading hardware suppliers, ADVA’s open Ensemble Harmony Ecosystem provides everything service providers and businesses require to harness the power of disaggregated networking. Each of the new member companies offers highly efficient white box technology proven to interoperate successfully with ADVA’s Ensemble Activator, the first NOS designed for bare-metal switches. Is New 90 Day High Low • Jan 09
New 90-day high: €7.81 The company is up 27% from its price of €6.16 on 09 October 2020. The Austrian market is up 31% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.61 per share. Duyuru • Dec 15
ADVA Launches New Generation of Edge and Access Clocks for 5G Network Timing ADVA launched a unique set of edge and access network synchronization devices with enhanced capabilities for next-generation applications such as 5G. The latest Oscilloquartz solutions address key challenges for a wide range of industries by bringing new levels of timing accuracy and resilience to edge networks. The OSA 5412 and 5422 offer precise phase, frequency and time-of-day synchronization and can be used for time-as-a-service applications. For the first time, communication service providers, enterprises, broadcast networks and power utilities can deploy synchronization technology at the edge that features multi-band GNSS receivers for nanosecond accuracy. The OSA 5412 and 5422 utilize in-service sync probing and assurance as well as innovative GNSS assurance capabilities. The products also provide support for eight field-upgradeable 10Gbit/s ports, ensuring the scale and efficiency needed for next-generation smart grids, industrial IoT applications and 5G connectivity. The OSA 5412 is a highly flexible access network synchronization solution that offers compact and cost-effective timing distribution and assurance. The OSA 5422 is engineered for the most extreme conditions. It meets stringent frequency and phase synchronization requirements, delivers the best holdover performance of any edge device on the market, and supports multiple legacy interfaces such BITS and IRIG. Both solutions address new ITU-T specifications, including for class A and B PRTCs, ePRTCs with strict holdover requirements, and the newly improved class C and D boundary clocks. They also feature onboard multi-band, multi-constellation GNSS receivers that overcome ionospheric delay variation far more cost-efficiently than rival solutions using high-end rubidium oscillators. The OSA 5412 and 5422 support multiple PTP profiles, NTP and SyncE with the high number of 1/10GbE ports on the market. What’s more, both devices are engineered with optional OLED display and with hot-swappable modules and power supplies to be easily upgraded in the field. Is New 90 Day High Low • Dec 10
New 90-day high: €7.24 The company is up 12% from its price of €6.45 on 10 September 2020. The Austrian market is up 16% over the last 90 days, indicating the company underperformed over that time. However, it outperformed the Communications industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €11.89 per share. Duyuru • Dec 04
ADVA and 6WIND Deliver Complete uCPE Solution with High-Performance Routing ADVA (FSE) announced a partnership with 6WIND to deliver a high-performance and lightweight uCPE solution. Built on ADVA’s Ensemble Connector and including 6WIND routing technology, the offering provides communication service providers (CSPs) and enterprises with a complete uCPE platform. Now customers can deploy a comprehensive access solution optimized for edge cloud architecture that offers new levels of efficiency as well as future-proof scalability. The joint solution has already been selected by the German CSP WiTCOM to power its edge cloud smart city initiative, enabling services including IoT, traffic control and surveillance. With the integration of 6WIND, ADVA now has the ability to easily enable advanced routing functionality as part of the initial Ensemble Connector deployment. This eliminates the need to treat the Turbo Router as an off-board virtual network function (VNF) that would be orchestrated by an external MANO platform. The initial configuration of the Turbo Router will be handled via integrated templates driven by Ensemble Virtualization Director. Ensemble Virtualization Director is also responsible for providing ongoing management of the Turbo Router installation, including telemetry, logs and alarm event collection. Duyuru • Dec 01
ADVA Joins Affordable5g to Build High-Performance and Cost-Effective Mobile Networks ADVA Optical Networking SE announced that it has joined Affordable5G, an innovation project creating complete and affordable solutions for critical private and enterprise networks. Affordable5G aims to build open and flexible next-generation mobile solutions for use cases including campus networks, emergency communications and smart city services. Funded by Horizon 2020 and part of the European 5G Public-Private Partnership (5G PPP), the project brings together 17 partners with a wide range of expertise and disruptive technology spanning all areas of the 5G ecosystem. ADVA’s X-Haul technology will be central to the project and the development of 5G infrastructure. Affordable5G will create end-to-end mobile solutions specifically engineered to address the needs of private and enterprise networks. Facilitating collaboration between Europe’s most innovative small and medium-sized companies, the project will use open interfaces and standard hardware platforms to bring a variety of affordable solutions to the market. ADVA is set to play a key role in the initiative, helping Affordable5G to leverage emerging technologies for disaggregated cell site gateways, edge computing and virtualization in both RAN and core networks. The project aims to produce pilot solutions related to emergency communications and smart cities in just a year’s time. Duyuru • Nov 14
ADVA Optical Networking SE to Report Q1, 2021 Results on Apr 22, 2021 ADVA Optical Networking SE announced that they will report Q1, 2021 results at 5:00 AM, GMT Standard Time on Apr 22, 2021 Duyuru • Nov 07
Yandex injects 600G wavelengths into DCI network with ADVA TeraFlex™ ADVA Optical Networking SE announced that Yandex has transformed its data center interconnect (DCI) infrastructure into a 600Gbit/s transport network using the ADVA FSP 3000 TeraFlex™. The solution massively increases the capacity of Yandex’s infrastructure throughout Moscow, enabling Russia’s large search engine provider to meet rapidly rising data demands and expand its cloud services. Delivering high levels of throughput, density and scale, the technology easily plugged into Yandex’s existing line system. ADVA’s open TeraFlex™ terminal supports 600Gbit/s over a single wavelength and delivers a total duplex capacity of 3.6Tbit/s in one rack unit. With its low power consumption and ultra-flexible modulation capabilities, TeraFlex™ ensures maximum spectral efficiency, making Yandex’s DCI network future-proof and highly efficient. Yandex’s Moscow data centers are now connected in a point-to-point network with ADVA’s high-density TeraFlex™ terminal. Serving 36 bidirectional 100GbE client ports, the 1RU solution injects new levels of channel capacity and spectral efficiency into Yandex’s network. Built specifically to maximize fiber utilization, TeraFlex™ features software-defined fractional QAM modulation capabilities. This enables it to leverage different modulation formats and optimize all optical paths over any distance. Duyuru • Oct 29
ADVA joins O-RAN ALLIANCE to develop open and disaggregated mobile networks ADVA announced that it has joined the O-RAN ALLIANCE, a global ecosystem of mobile network operators and technology suppliers driving intelligent, virtualized and fully interoperable mobile networks. ADVA’s experience and technology leadership will help the O-RAN ALLIANCE community create innovative open transport solutions. With its 5G X-Haul toolbox comprising optical, packet, edge compute, and timing distribution and assurance technology, ADVA will assist O-RAN ALLIANCE to develop open standards. These will enable the deployment and operation of disaggregated, vendor-neutral RAN infrastructure for a new generation of mobile services. ADVA’s portfolio of open X-Haul technology will help to enhance the O-RAN ALLIANCE ecosystem. Products such as the ADVA FSP 150-XG118Pro provide 10Gbit/s capacity at the radio base station and feature a compute shelf for hosting O-RAN capabilities. ADVA’s self-tuning G.metro solution also makes it simple to deploy architectures for low-latency 5G fronthaul. Virtualized RAN technology will be another key element of tomorrow’s mobile infrastructure. ADVA’s Ensemble NFV software enables operators to utilize VNFs on open servers that are centrally coordinated and automatically activated. The O-RAN ALLIANCE is also dedicated to embedding intelligence throughout the RAN infrastructure. To support the power of 5G to transform operations, ADVA FSP 150 devices complement small cell technologies with powerful, intelligent edge capabilities. And finally, ADVA’s timing distribution solutions deliver the accuracy needed for advanced radio configurations or precise location services. Analyst Estimate Surprise Post Earnings • Oct 22
Third-quarter earnings released: Revenue misses expectations Third-quarter revenue missed analyst estimates by 1.9% at €146.7m. Revenue is forecast to grow 3.4% over the next year, compared to a 2.5% growth forecast for the Communications industry in Austria. Reported Earnings • Oct 22
Third quarter earnings released Over the last 12 months the company has reported total profits of €9.59m, up 18% from the prior year. Total revenue was €575.5m over the last 12 months, up 7.1% from the prior year. Duyuru • Oct 06
ADVA Announces General Availability of Market’s Most Versatile DCSG Operating System ADVA announced the general availability of its Ensemble Activator, the market’s first carrier-grade network operating system (NOS) designed for disaggregated cell site gateways (DCSGs). Already successful in trials with multiple global mobile network operators (MNOs) including Telefónica and Vodafone, Ensemble Activator disaggregates hardware from software, giving customers new levels of agility and freedom. Developed as part of the Telecom Infra Project (TIP), the software enables MNOs to move away from closed proprietary systems and build open, vendor-neutral transport infrastructure with best-of-breed components. Now ready for commercial deployment in mobile networks, it offers MNOs a clear route to cost-effective mass rollout of 5G services. Engineered through the TIP Disaggregated Cell Site Gateway group, ADVA’s Ensemble Activator is optimized for the operation of large, geographically dispersed networks. Proven in multiple tests with third-party hardware from suppliers such as Alpha Networks, Delta and Edgecore, it integrates seamlessly into existing management and control systems. With its carrier-class capabilities, Ensemble Activator offers a way to grow mobile networks that combines the agility of software-based feature development with the performance and cost-efficiency of bare-metal switches. Its comprehensive set of CE 2.0- and MEF 3.0-compliant interfaces is complemented with proven IP and MPLS protocols. What’s more, with its open control interfaces and telemetry streaming, Ensemble Activator is a significant step towards automated and eventually autonomous operations. Duyuru • Jul 18
ADVA Optical Networking SE Not to Issue New Guidance for the Entire Year 2020 ADVA Optical Networking SE announced that despite the very positive second quarter, there is still high uncertainty about the further course of the Covid-19 crisis and its impact on ADVA's business. For this reason, the management board will not issue new guidance for the entire year 2020. 
