Recent Updates — ADTN
ADTRAN Holdings, Inc. entered into a new senior secured credit facility with JPMorgan Chase Bank, N.A. and other lenders for up to $350.0 million in aggregate principal amount. The agreement replaces a prior credit agreement with Wells Fargo Bank, National Association. The facility is secured by substantially all of the company's assets and is subject to certain financial covenants, including a maximum Consolidated Senior Secured Net Leverage Ratio of 3.25 to 1.0. ADTRAN Holdings, Inc. provides networking and communications solutions.
ADTRAN Holdings, Inc. announced preliminary second quarter 2026 results that fell below previous guidance and analyst consensus. Preliminary revenue is expected to be between $280.0 million and $282.0 million, compared to guidance of $283.0 million to $303.0 million. Preliminary non-GAAP operating margin is expected to be 3.5% to 4.0%, below the 5.0% to 9.0% guidance range. The company expects preliminary non-GAAP diluted earnings per share to be between $0.03 and $0.05, which is below the analyst consensus of $0.13. ADTRAN Holdings, Inc. is a provider of networking and communications solutions.