Adtran reports lower Q3 amid supply chain constraints but expects effect to be 'transitory'

Friday 15 October 2021 | 14:58 CET | News
Adtran's preliminary third quarter results showed numbers hit by supply chain issues. CEO Tom Stanton confirmed that the constraints are impacting results but that the company's long-term outlook "continues to strengthen" given Adtran's record demand and the supply outlook. The increased demand continues to suggest that we are in the early stages of a significant and sustained growth cycle," the CEO noted.

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Categories: Fixed
Companies: Adtran
Countries: World
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