ADTRAN, Inc. (ADTN - Free Report) recently announced the launch of a simple and easy-to-use enterprise-class Wi-Fi solution for the small business market. The product leverages machine learning technology and cloud-managed IT model to effectively serve this underserved market.
Per the U.S. Census Bureau 2015 Statistics, the total addressable market for micro and small businesses that utilize Wi-Fi includes 5.8 million business entities with a cumulative worth of more than $2.8 billion. These business units often lack the requisite technical expertise to handle any issues related to typical enterprise-class Wi-Fi solutions with limited or no IT staff. Moreover, these Wi-Fi solutions are mostly expensive and complicated to handle for everyday use.
ADTRAN fills this void by uniquely positing the new Wi-Fi product with a simpler, more cost-effective solution. The product is designed to enable service providers optimize their operating expenses and increase average revenue per user. It requires no installation or management of on-premises controller or software and is entirely cloud-managed as access points automatically discover the cloud and download firmware configuration. Effectively priced at about 75% lower than the variants in the market, the product requires no specialized IT setup and offers seamless upgrade to advanced features with flexible deployment options.
ADTRAN is focused on being a top global supplier of Access infrastructure and related value-added solutions from the Cloud Edge to the Subscriber Edge through a broad portfolio of flexible hardware and software network solutions. These products enable customers to transition to the fully converged, scalable, highly automated, cloud-controlled voice, data, Internet and video network of the future.
Shares of ADTRAN have recorded an average return of 15.3% in the past six months, while the industry’s average decline is 8.4%.
Moving into the second half of 2018, ADTRAN expects solid traction in its domestic markets for ultra-broadband and Fiber-To-The-Home solutions along with SD access and EPON solutions. The company also anticipates a pickup in cap spending in Tier-1, Tier-2 and regional service provider market segments. ADTRAN’s global leadership in software-defined access is likely to ensure a steady stream of revenues as it helps clients reduce cost and accelerate service delivery and deployment.
ADTRAN currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the broader industry include United States Cellular Corporation (USM - Free Report) , AT&T Inc. (T - Free Report) and Windstream Holdings, Inc. . While United States Cellular sports a Zacks Rank #1 (Strong Buy), AT&T and Windstream carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
United States Cellular has long-term earnings growth expectation of 1%. It surpassed earnings estimates thrice in the trailing four quarters, with an average positive surprise of 303.6%.
AT&T has long-term earnings growth expectation of 3.6%. It surpassed earnings estimates twice in the trailing four quarters, with an average positive surprise of 5.9%.
Windstream surpassed earnings estimates twice in the trailing four quarters, with an average positive surprise of 23.5%.
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From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
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ADTRAN, Inc. (ADTN - Free Report) recently announced the launch of a simple and easy-to-use enterprise-class Wi-Fi solution for the small business market. The product leverages machine learning technology and cloud-managed IT model to effectively serve this underserved market.
Per the U.S. Census Bureau 2015 Statistics, the total addressable market for micro and small businesses that utilize Wi-Fi includes 5.8 million business entities with a cumulative worth of more than $2.8 billion. These business units often lack the requisite technical expertise to handle any issues related to typical enterprise-class Wi-Fi solutions with limited or no IT staff. Moreover, these Wi-Fi solutions are mostly expensive and complicated to handle for everyday use.
ADTRAN fills this void by uniquely positing the new Wi-Fi product with a simpler, more cost-effective solution. The product is designed to enable service providers optimize their operating expenses and increase average revenue per user. It requires no installation or management of on-premises controller or software and is entirely cloud-managed as access points automatically discover the cloud and download firmware configuration. Effectively priced at about 75% lower than the variants in the market, the product requires no specialized IT setup and offers seamless upgrade to advanced features with flexible deployment options.
ADTRAN is focused on being a top global supplier of Access infrastructure and related value-added solutions from the Cloud Edge to the Subscriber Edge through a broad portfolio of flexible hardware and software network solutions. These products enable customers to transition to the fully converged, scalable, highly automated, cloud-controlled voice, data, Internet and video network of the future.
Shares of ADTRAN have recorded an average return of 15.3% in the past six months, while the industry’s average decline is 8.4%.
Moving into the second half of 2018, ADTRAN expects solid traction in its domestic markets for ultra-broadband and Fiber-To-The-Home solutions along with SD access and EPON solutions. The company also anticipates a pickup in cap spending in Tier-1, Tier-2 and regional service provider market segments. ADTRAN’s global leadership in software-defined access is likely to ensure a steady stream of revenues as it helps clients reduce cost and accelerate service delivery and deployment.
ADTRAN currently has a Zacks Rank #3 (Hold). Better-ranked stocks in the broader industry include United States Cellular Corporation (USM - Free Report) , AT&T Inc. (T - Free Report) and Windstream Holdings, Inc. . While United States Cellular sports a Zacks Rank #1 (Strong Buy), AT&T and Windstream carry a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
United States Cellular has long-term earnings growth expectation of 1%. It surpassed earnings estimates thrice in the trailing four quarters, with an average positive surprise of 303.6%.
AT&T has long-term earnings growth expectation of 3.6%. It surpassed earnings estimates twice in the trailing four quarters, with an average positive surprise of 5.9%.
Windstream surpassed earnings estimates twice in the trailing four quarters, with an average positive surprise of 23.5%.
Looking for Stocks with Skyrocketing Upside?
Zacks has just released a Special Report on the booming investment opportunities of legal marijuana.
Ignited by new referendums and legislation, this industry is expected to blast from an already robust $6.7 billion to $20.2 billion in 2021. Early investors stand to make a killing, but you have to be ready to act and know just where to look.
See the pot trades we're targeting>>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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