Adtran

Q1 FY2026 EarningsQ2 FY26 preliminary revenue is estimated at $280.0M–$282.0M, missing previous guidance due to a specific customer project delay. Non-GAAP operating margin is expected at 3.5%–4.0%, also below guidance, pressured by elevated component and freight costs. Preliminary GAAP diluted EPS is a loss of $0.12–$0.14, while non-GAAP EPS is projected at $0.03–$0.05. Q3 FY26 revenue guidance is set at $275.0M–$295.0M with a non-GAAP operating margin of 1.5%–5.5%.