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HUNTSVILLE, Ala.–(BUSINESS WIRE)– ADTRAN Holdings, Inc., (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”), today announced preliminary and unaudited financial results for the fourth quarter of 2022. All figures in this release are approximate due to the preliminary nature of the announcement. For the quarter, preliminary revenue was $358.3 million. Preliminary net income […]

HUNTSVILLE, Ala.–(BUSINESS WIRE)– ADTRAN Holdings, Inc., (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”), today announced financial results for the third quarter of 2022. For the quarter, revenue was $340.7 million. Net loss inclusive of the non-controlling interest for the third quarter of 2022 was $44.9 million. Net loss attributable to the Company

HUNTSVILLE, Ala.–(BUSINESS WIRE)– ADTRAN Holdings, Inc., (NASDAQ: ADTN) (“ADTRAN” or the “Company”), today announced financial results for the second quarter of 2022. For the quarter, revenue was $172.0 million. Net income for the second quarter of 2022 was $2.1 million and earnings per share was $0.04. Non-GAAP net income was $9.7 million and non-GAAP earnings

HUNTSVILLE, Ala.–(BUSINESS WIRE)– ADTRAN Holdings, Inc. (NASDAQ: ADTN and FSE: QH9) (“ADTRAN Holdings” or the “Company”) today announced the closing of its business combination with ADVA Optical Networking SE (FSE: ADV) (“ADVA”). The companies received all necessary regulatory approvals and shareholder consent, making closure possible. ADTRAN Holdings is now the parent company of ADTRAN, Inc.

Annual revenues up by 6.8% to record level of EUR 603.3 million Annual pro forma EBIT up by 61.5% to an all-time high of EUR 54.6 million (9.1% of revenues) Outlook fiscal year 2022: Revenues EUR 650 – 700 million; Pro forma EBIT 6.0% – 10.0% of revenues ADVA (ISIN: DE0005103006, FSE: ADV), a leading

MUNICH–(BUSINESS WIRE)– Today, the German Federal Ministry for Economics and Climate Protection (“BMWK”) has granted the foreign direct investment approval that was required for closing the public exchange offer made by ADTRAN Inc.’s subsidiary, Acorn HoldCo, Inc. (“Acorn HoldCo”). With the foreign direct investment approval by the BMWK, all offer conditions for Acorn HoldCo’s public

ADTRAN, Inc. today announced that by the end of the acceptance period on January 26, 2022, 24:00 hours (local time Frankfurt am Main), the voluntary public takeover offer of Acorn HoldCo, Inc. (“Bidder”) to all shareholders of ADVA Optical Networking SE (“ADVA“) has been accepted for more than 60% of all ADVA shares entitled to

ADVA (FSE: ADV) today announced that its management board and supervisory board have issued a joint reasoned statement pursuant to Section 27 of the German Takeover Act in respect of the offer document published by ADTRAN, Inc’s subsidiary Acorn HoldCo, Inc. on November 12, 2021. Following a due process of review, they recommend to the

Berlin, June 30, 2021 – The modern funeral home mymoria aims to grow to become the German market leader in the next three years and is focusing on expanding its holistic development. For acquisitions and the integration of traditional funeral homes into the digitally driven mymoria Group, the company has closed a Series C financing

Annual revenues up by 1.5% to EUR 565.0 million Pro forma operating income up by 36.4% to EUR 33.8 million (6.0% of revenues) Outlook fiscal year 2021: Revenues EUR 580 – 610 million; Pro forma operating income 6.0% – 9.0% of revenues ADVA (ISIN: DE0005103006), a leading provider of open networking solutions for the delivery