One Customer’s Delay Can’t Hide ADTRAN’s (ADTN) Optical Surge

ADTRAN Holdings Inc. reported second-quarter revenue of $281.1 million on August 4, representing a 6.1% increase from the prior year period ended June 30, though the figure fell short of company guidance and weighed on the stock price.
The Optical Networking Solutions segment emerged as a significant growth driver, generating $109.7 million in revenue with a 22% year-over-year increase and 13% sequential gain. Chief Executive Tom Stanton highlighted this unit as the primary source of quarterly