ADTRAN Rported Revenue of $115.8 million in 4Q 2019

HUNTSVILLE, AL — The fourth quarter 2019, ADTRAN reported revenue of $115.8 million compared to $140.1 million for the fourth quarter of 2018. 

ADTRAN Chairman and Chief Executive Officer Tom Stanton stated, “While the U.S. market remains challenging, we saw a solid performance in our international business. We continue to see activity building around our 10G PON and fiber extension solutions across all geographies we serve, most notably in Europe. We believe we are at the beginning of a significant investment cycle for fiber deployment driven by technology advancements, regulatory influences and vendor disruption.”