Adtran ( (ADTN) ) just unveiled an update.
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ADTRAN Holdings reported a rise in third-quarter 2024 revenue to $227.7 million, alongside improvements in gross and operating margins. The company anticipates continued revenue growth in the fourth quarter with an expected range of $230 million to $245 million. CEO Tom Stanton highlighted the benefits of increased customer acquisition and favorable market trends in fiber access, positioning ADTRAN for sustainable growth and profitability.
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