ADTRAN, Inc. Reports Results for the First Quarter 2015 and Declares Quarterly Cash Dividend
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April 23, 2015 6:36 AM EDT
Goldman Sachs downgraded ADTRAN (NASDAQ: ADTN) from Buy to Neutral with a price target of $18.00 (from $26.00).
For an analyst ratings summary and ratings history on ADTRAN click here. For more ratings news on ADTRAN click here.
Shares of ADTRAN closed at $16.61 yesterday.
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April 23, 2015 6:13 AM EDT
Needham & Company downgraded ADTRAN (NASDAQ: ADTN) from Buy to Hold on loss of AT&T and Euro headwinds.
Analyst commented, "Our positive stance on ADTN, which was based on a presumed broadband rollout with AT&T, has been proven wrong with the recent... More
April 22, 2015 6:09 AM EDT
ADTRAN, Inc. (NASDAQ: ADTN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.
The dividend will be payable on May 21, 2015, to stockholders of record on May 7, 2015, with an ex-dividend date of May 5, 2015.
The annual yield on the dividend is 1.9 percent.
For... More
April 22, 2015 6:09 AM EDT
ADTRAN, Inc. (NASDAQ: ADTN) reported Q1 EPS of $0.06, $0.02 worse than the analyst estimate of $0.08. Revenue for the quarter came in at $142.84 million versus the consensus estimate of $149.96 million.
For earnings history and earnings-related data on ADTRAN, Inc. (ADTN) click here.
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