UBS Cuts Price Target on ADTRAN, Inc. (ADTN) Following 2Q Earnings Call
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ADTRAN, Inc. Announces Additional Five Million Share Repurchase Plan
July 14, 2015 8:45 PM EDTHUNTSVILLE, 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
ADTRAN, Inc. Reports Results for the Second Quarter 2015 and Declares Quarterly Cash Dividend
July 14, 2015 8:30 PM EDTHUNTSVILLE, 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
