Highest-materiality recent filing
ADTN stockholders approve charter amendment to limit officer liability, elect directors
Charter amendment to limit officer liability as permitted by Delaware law passed: 49.8M for, 3.2M against.
ADTRAN Q1 revenue $286.1M (+15.5% YoY); non-GAAP EPS $0.14; guides Q2 rev $283-303M
Revenue $286.1M (+15.5% YoY); GAAP diluted loss $0.01; non-GAAP diluted EPS $0.14.
CEO Stanton's amended agreement eliminates annual market-based PSU and adjusts long-term plan to include TSR modifier on Adjusted EBIT target.
Adtran Q4 revenue $291.6M (+20.1% YoY), beats guidance; non-GAAP EPS $0.16
Q4 revenue $291.6M, +20.1% YoY; GAAP diluted loss per share $0.02, non-GAAP diluted EPS $0.16.
ADTRAN preliminary Q4 revenue $290-293M beats guidance; non-GAAP EPS above consensus
Preliminary Q4 revenue $290-293M, above guidance of $275-285M.
ADTRAN extends CTO Glingener contract to Dec 2026; base salary raised to €400k
Term extended to Dec 31, 2026; base salary increased to €400,000 effective Oct 1, 2025.
ADTRAN Q3 revenue $279.4M (+23% YoY); non-GAAP EPS $0.05; guides Q4 rev $275-285M
Revenue $279.4M, up 23% YoY; GAAP gross margin 38.3%, non-GAAP 42.1%.
ADTRAN issues $201.25M of 3.75% convertible notes due 2030, enters capped call transactions
Issued $201.25M aggregate principal of 3.75% convertible senior notes due Sept 15, 2030; includes full $26.25M greenshoe exercise.
Upsized from $150M to $175M; initial purchasers have option for additional $26.25M.
ADTRAN Q2 rev $265.1M (+17% YoY); guides Q3 rev $270-280M, non-GAAP op margin 3-7%
Revenue $265.1M, up 17% YoY; GAAP gross margin 37.3%, non-GAAP 41.4%.
All seven director nominees elected; Balan Nair received most opposition (41.6M for, 13.4M against).
ADTRAN pre-announces Q2 2025 revenue $262.5M-$267.5M, above guidance
Preliminary Q2 2025 revenue $262.5M-$267.5M, 0-2% above prior guidance upper end of $262.5M.
ADTRAN preliminary Q2 revenue $262.5M-$267.5M, above prior guidance range
Preliminary Q2 revenue $262.5M-$267.5M, exceeding guidance of $247.5M-$262.5M.
ADTRAN Holdings restates 2024 and 2023 financials; updates Q1 2025 non-GAAP measures
Restated consolidated financial statements for fiscal years 2024 and 2023 and interim periods in 2024.
ADTRAN Holdings reschedules 2025 annual meeting to July 24; prior proxies disregarded
Annual meeting now July 24, 2025; new record date is May 29, 2025.
ADTRAN Holdings restates FY23/FY24 results; €5.7M inventory error; annual meeting postponed
Audit Committee concludes 2023 and 2024 annual and interim financials should no longer be relied upon due to inventory adjustment.
ADTN enters Fifth Amendment waiving defaults, reducing credit line to $350M
Fifth Amendment waives existing events of default from inaccurate financials for Q2/Q3 2024 and covenant breaches.
ADTRAN Q1 revenue $247.7M (+10% YoY); non-GAAP EPS $0.03, GAAP loss $0.13
Revenue $247.7M, up 10% YoY and above midpoint of Q1 outlook; GAAP gross margin 38.5%, non-GAAP 42.6%.
Adtran Networks SE revises 2024 loss to EUR 10.2M from previously reported EUR 4.5M loss
Inventory adjustment increased cost of goods sold, widening EBIT loss by EUR 5.7M.
ADTRAN Holdings appoints Timothy Santo as CFO; Ulrich Dopfer transitions to new role
Timothy Santo named CFO, effective March 10, 2025; annual base salary of $460,000 plus bonus and equity grants.
ADTRAN Q4 revenue $242.9M (+7% seq); GAAP EPS -$0.58, non-GAAP EPS $0.00
Q4 2024 revenue $242.9M, above mid-point of outlook; GAAP gross margin 37.6%, non-GAAP 42.0%.
ADTN Q3 revenue $227.7M, above guidance midpoint; non-GAAP op margin positive 1.1%
GAAP diluted loss per share $0.36; non-GAAP diluted loss per share $0.05.
Extension of employment for CFO Ulrich Dopfer and CTO Christoph Glingener to Dec 31, 2025.
ADTRAN Q2 revenue $226M, GAAP net loss $49.9M ($0.63/share); Q3 rev guidance $215-235M
Revenue $226M; GAAP gross margin 36.1%, non-GAAP 41.9%.
ADTRAN board member Brian Protiva resigns effective July 31, 2024
Brian Protiva resigned from the Board of Directors on July 31, 2024.
ADTRAN amends credit facility, adds $100M subline for German unit, relaxes cash covenant
Created a $100M subline under existing $400M revolver for German subsidiary Adtran Networks SE.
ADTRAN stockholders approve 2024 employee and director equity plans, elect directors
Approved 2024 Employee Stock Incentive Plan authorizing 3,970,058 shares (59,142,398 for, 2,150,645 against).
ADTRAN Q1 GAAP net loss $324.6M on goodwill impairment; revenue above guidance midpoint
GAAP net loss $324.6M ($4.12 diluted EPS); includes non-cash goodwill impairment.
ADTRAN expects $293M Q1 2024 goodwill impairment in Network Solutions segment
Non-cash goodwill impairment of $293M for Network Solutions segment in Q1 2024.
On March 6, 2025, ADTRAN Holdings, Inc. (the “Company”) announced the appointment of Mr. Timothy Santo as Senior Vice President of Finance and Chief Financial Officer of the Company, effective as of Mr. Santo’s employment start date, which is expected to be March 10, 2025.
In connection with Mr. Santo’s appointment, on March 6, 2025, the Company and Ulrich Dopfer, Senior Vice President of Finance and Chief Financial Officer of the Company, agreed that Mr. Dopfer will no longer serve as the Company’s Chief Financial Officer, Secretary, Treasurer and principal accounting officer, effective March 10, 2025.
On July 31, 2024, Mr. Brian Protiva notified ADTRAN Holdings, Inc. (the “Company”) of his resignation from his role as a member of the Company’s Board of Directors (the “Board”), effective immediately.
Max materiality 0.85 · Median 0.65 · Most common event earnings