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via benzinga.comMarkets

Analysts lower forecasts on Adtran after third-quarter results

FROM THE WIRE · BENZINGA.COM

ADTRAN Holdings, Inc. (NASDAQ:ADTN) reported worse-than-expected third-quarter sales results and issued fourth-quarter sales guidance below estimates.

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MARKET IMPACTNEUTRAL✦ News Impact agent estimateTone: expected bearishWorse-than-expected results and below-consensus guidance may pressure the shares.AI-generated summary
✦ IN BRIEF · AIAI-generated summary
  1. 01Adtran reported third-quarter sales worse than expected.
  2. 02The company issued fourth-quarter sales guidance below estimates.
  3. 03Analysts have lowered their forecasts for the stock.
NEWS IMPACT AND MARKET REACTIONChange since the story · reference
ADTRAN Holdings Inc.ADTNStock5.02 USD-0.79%today -0.79%Negative
Impact and summary are estimates by the News Impact AI agent, not financial advice.Open in Markets

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