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Investing.com -- ADTRAN Holdings, Inc. (NASDAQ:ADTN) stock jumped over 4% after the company announced preliminary second quarter revenue that exceeded its previous guidance.
The networking equipment provider said it expects revenue for the quarter ended June 30, 2025, to be between $262.5 million and $267.5 million, surpassing the previously announced guidance range of $247.5 million to $262.5 million.
ADTRAN attributed the stronger-than-expected performance to improved market conditions and growing customer demand for its products and services. The company did not provide preliminary earnings figures in its announcement.
"Business conditions have continued to strengthen during the second quarter of 2025," said Tom Stanton, ADTRAN Holdings’ Chairman and Chief Executive Officer, in the announcement.
The preliminary revenue figures represent a positive development for the company, which plans to release its complete second quarter financial results in early August. The announcement was made to comply with German ad hoc disclosure requirements, as ADTRAN is listed on both the NASDAQ and Frankfurt Stock Exchange.
ADTRAN provides networking and communications equipment to service providers, enterprises, and government entities. The company’s preliminary revenue announcement signals potential improvement in the telecommunications equipment sector after a period of cautious spending by carriers.
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