How did the broadband industry perform in the first quarter of 2024?
The first quarter of the 2024 earnings reporting season has begun, and the Broadband Technology Report is tracking how key players in the optical networking industry performed. Please check here for updates on this segment's providers, vendors and integrators.
Also, check out how Lightwave tracks the first quarter of 2024 results of the major players in the optical networking industry.
April 23
Verizon
www.verizon.com
Verizon’s ongoing fiber and wireless broadband build efforts resonated in the first quarter of 2024 as the telco added a total of 389,000 new broadband subscribers, including 53,000 Fios Internet net adds.
- see BTR’s coverage
- here’s Lightwave’s coverage
Calix
www.calix.com
Calix reported $226.3 million in first-quarter earnings, which were in line with its January guidance.
- see BTR’s coverage
April 24
AT&T
www.att.com
AT&T added 252,000 new AT&T Fiber subscribers in the first quarter driving up broadband revenues 7.7%.
- see BTR’s coverage
- here’s Lightwave’s coverage
April 25
Comcast
www.comcast.com
April 26
Charter
www.charter.com
April 29
Harmonic
www.harmonic.com
April 30
Corning
www.corning.com
Corning continued to battle service provider revenue headwinds in the first quarter, reporting Optical Communications sales of $930 million, down 17% year over year.
- see Lightwave’s coverage
Lumen
May 2
Altice USA
Cable One
Clearfield
May 3
Frontier
TDS Telecom
May 6
Adtran
TBA
Shentel