ADTRAN, Inc. (ADTN) Tops Q2 EPS by 3c
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July 14, 2015 8:45 PM EDT
HUNTSVILLE, Ala.--(BUSINESS WIRE)--
ADTRAN, Inc. (NASDAQ:ADTN)
announced that its Board of Directors has authorized the repurchase of
an additional 5,000,000 shares of the Companys common stock to commence
upon completion of the... More
July 14, 2015 8:30 PM EDT
HUNTSVILLE, Ala.--(BUSINESS WIRE)--
ADTRAN, Inc. (NASDAQ:ADTN)
reported results for the second quarter 2015. For the quarter, sales
were $160,138,000 compared to $176,129,000 for the second quarter of
2014. Net income was $2,544,000 compared to $14,395,000 for the second
quarter of 2014. Earnings per share, assuming dilution, were $0.05
compared to $0.26 for the second quarter of 2014. Non-GAAP earnings per
share were $0.10 compared to $0.30 for the second quarter of 2014. The... More
