Form 8-K ADTRAN INC For: Jul 12

Go back to Form 8-K ADTRAN INC For: Jul 12

ADTRAN, Inc. (ADTN) Guides Q3 Revenue Below Expectations

July 13, 2016 10:47 AM EDT

ADTRAN, Inc. (NASDAQ: ADTN) sees Q3 gross margin down slightly, according to Bloomberg, citing the company's conference call.

ADTN expects Q3 revenue of $160 - $164 million, versus the consensus at $168 million.

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ADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 1.8% Yield

July 13, 2016 7:09 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 August 1, 2016, to stockholders of record on July 8, 2016, with an ex-dividend date of July 6, 2016.

The annual yield on the dividend is 1.8 percent.

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