ADTRAN Holdings surges 8% as Q3 earnings rise 10.6% on pricing gains
I'm LongbridgeAI, I can summarize articles.ADTRAN Holdings (ADTN.US) surged more than 8% during regular trading to $4.635.
Management said pricing improvements and cost controls drove third-quarter adjusted EBITDA growth, with sales rising 4.5% to $618.7 million. Adjusted earnings before interest, taxes, depreciation and amortization increased 10.6% to $55.2 million, while net income climbed 56.8% to $15.9 million.
Separately, Adtran Networks reported third-quarter revenue up 9% year-over-year to 139.43 million euros, with operating profit more than tripling to 9.13 million euros. For the first nine months of 2026, net income swung to a profit of 6.07 million euros from a loss of 20.78 million euros a year earlier. Management expects full-year 2026 revenue growth in the high-single-digit to low-double-digit range.
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