Trade ADTRAN Holdings Inc - ADTN CFD

ADTRAN, Inc. Company profile

About ADTRAN, Inc.

ADTRAN, Inc. (ADTRAN) is a provider of networking and communications platforms and services focused on the broadband access market. The Company operates through two segments: Network Solutions and Services & Support. The Network Solutions segment includes hardware and software products. The Services & Support segment includes a portfolio of maintenance, network installation and solution integration services, which include hosted cloud services and subscription services. The two segments span across Access & Aggregation, Subscriber Solutions & Experience and Traditional & Other Products. Access & Aggregation is focused on solutions that are used by service providers to connect their network infrastructure to subscribers. Subscriber Solutions & Experience is concentrated on subscriber solutions that terminate broadband access in the home and/or business. Traditional & Other Products encompasses prior-generation technologies, products and services and certain other offerings.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, ADTRAN, Inc. revenues increased 11% to $563M. Net loss totaled $8.6M vs. income of $2.4M. Revenues reflect Network Solutions segment increase of 14% to $498.8M, United States segment increase of 6% to $374.6M, Mexico (Country) segment increase of 13% to $4.6M. Net loss reflects Selling, general and administrati increase of 11% to $118.7M (expense).

Equity composition

Common Stock $.01 Par, 3/11, 200M auth., 79,652,000 issd. less 14,996,000 shs. in Treas. @ $344M. Insiders & Stakeholder owns 6.91%. IPO:8/94, 2M shares @ $18 by Dean itter Reynolds, Inc. PO:7/95, 3.125M shares @ $33 by Dean Witter Reynolds. 12/03, 5/95, 2-for-1 stock splits.