ADTRAN (ADTN) calls active into Q2 and outlook

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MKM Partners Remains Bullish on ADTRAN, Inc. (ADTN) Following 2Q Earnings Release

July 13, 2016 11:10 AM EDT

MKM Partners reiterated a Buy rating and $24.00 price target on ADTRAN (NASDAQ: ADTN) following the company's 2Q earnings report. ADTN reported revenues of $162.7mn, in-line to slightly ahead of the consensus estimate of $162.5mn. EPS of $0.21 was also slightly ahead of consensus of $0.20.... More