ADTRAN Holdings flagged Q2 2026 preliminary revenue of $280 million-$282 million, below its $283 million-$303 million guidance range.
Operating loss widened to $8.9 million-$11.2 million, while non-GAAP operating margin slipped to 3.5%-4.0% from a 5.0%-9.0% outlook.
Net loss attributable to shareholders was $10.5 million-$11.6 million, or $0.12-$0.14 per share.
Preliminary non-GAAP diluted EPS fell to $0.03-$0.05 versus analyst consensus of $0.13, due to project timing and elevated component and freight costs.
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