ADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 1.9% Yield

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Go back to ADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 1.9% Yield

Needham & Company Raises Price target on ADTRAN, Inc. (ADTN) Following 1Q Report

April 13, 2016 4:22 PM EDT

Needham & Company maintained a Buy rating on ADTRAN (NASDAQ: ADTN), and raised the price target to $22.00 (from $21.00), following the company's 1Q earnings report. ADTN reported revenue of $142.2MM, exceeded consensus of $141.1MM. EPS was reported at $0.14, ahead of the Street's $0.11 estimate.

Analyst Richard... More

ADTRAN, Inc. (ADTN) Tops Q1 EPS by 6c

April 13, 2016 5:32 AM EDT

ADTRAN, Inc. (NASDAQ: ADTN) reported Q1 EPS of $0.14, $0.06 better than the analyst estimate of $0.08. Revenue for the quarter came in at $142.2 million versus the consensus estimate of $141.07 million.

ADTRAN Chief Executive Officer Tom Stanton stated, ADTRAN delivered a solid performance this quarter... More