ADTRAN Holdings (ADTN) Q2 FY26 earnings call

ADTRAN's Q2 FY26 results were impacted by a single customer's project delay and broader supply chain constraints, leading to a revenue miss and lower margins. Despite these headwinds, underlying demand remains healthy, particularly in optical networking and hyperscaler segments, driven by diversification efforts and AI infrastructure investments. The company is implementing strategies to improve margins and maintain its long-term operating targets.