MARKET

ADTN

ADTN

Adtran Inc
NASDAQ
4.570
-0.180
-3.79%
Closed 19:31 04/25 EDT
OPEN
4.720
PREV CLOSE
4.750
HIGH
4.720
LOW
4.530
VOLUME
483.61K
TURNOVER
0
52 WEEK HIGH
11.02
52 WEEK LOW
4.530
MARKET CAP
361.56M
P/E (TTM)
-1.3387
1D
5D
1M
3M
1Y
5Y
Weekly Report: what happened at ADTN last week (0415-0419)?
Weekly Report · 4d ago
Adtran to Close Facility in Germany
Telecommunications supplier Adtran Holdings to close its facility in Greifswald, Germany, within the next three months. The closure is connected to a comprehensive business efficiency program. The company says the closure is expected to cost $13.5 million to $18.4 million.
Dow Jones · 04/17 21:13
ADTRAN to close Greifswald facility within three months
Seeking Alpha · 04/17 21:00
ADTRAN Says It Determined On April 11, 2024 To Close Its Facility In Greifswald, Germany, Within Next Three Months - Filing
The company expects to close the facility in Greifswald, Germany in 2024. The Company expects to incur total costs ranging from approximately $13.5 million to $18.4 million in connection with the closure. The company expects these charges to be fully incurred in fiscal year 2024.
Benzinga · 04/17 20:50
ADTRAN HOLDINGS INC - CLOSURE OF FACILITY WILL BE SUBSTANTIALLY COMPLETED BY JUNE 30, 2024
Reuters · 04/17 20:46
ADTRAN HOLDINGS INC - DOES NOT CURRENTLY ANTICIPATE INCURRING OTHER CHARGES OR CASH EXPENDITURES ASSOCIATED WITH CLOSURE OF FACILITY
Reuters · 04/17 20:46
Adtran Price Target Maintained With a $8.00/Share by Needham
Dow Jones · 04/17 11:31
Needham Reiterates Buy on Adtran Holdings, Maintains $8 Price Target
Benzinga · 04/17 11:21
More
About ADTN
ADTRAN Holdings, Inc. is a provider of networking and communications platforms, software, and services focused on the broadband access market. It operates through two segments: Network Solutions segment, which includes hardware and software products, and Services & Support segment, which includes a portfolio of network design and implementation services, support services and cloud-hosted software-as-a-service (SaaS) applications. The two segments span across Subscriber Solutions, Access & Aggregation Solutions, and Optical Networking Solutions. Its Subscriber Solutions portfolio is used by service providers to terminate their access services infrastructure at the customer's premises. Access & Aggregation Solutions are solutions that are used by communications service providers to connect subscribers. Optical Networking Solutions are used by communications service providers, Internet content providers and large enterprises to securely interconnect metro and regional networks over fiber.

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