Adtran Networks SE reported a decline in revenue and an increased net loss for the first half of 2025 compared to the same period in 2024. The company experienced a revenue decrease amid a worsening gross margin. Net loss for the period expanded significantly from EUR 5.1 million in the first six months of 2024 to EUR 31.3 million in 6M 2025. Despite stable operating costs year-over-year, the company faced a substantial tax expense, contributing to the larger loss. The board anticipates revenue growth within the high single-digit to low double-digit percentage range for the Adtran Networks group in 2025. Additionally, due to operational expense adjustments made in 2024 and stringent cost control measures, the company expects the pro-forma EBIT to improve from a negative single-digit percentage in 2024 to a positive single-digit percentage in 2025. The company is focused on rapidly reducing debt and achieving its defined capital management goals, with an aim to transition from a net debt position of EUR 4.5 million as of June 30, 2025, to a net liquidity position by the end of the year.