ADTRAN, Inc. (ADTN) Tops Q2 EPS by 5c
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Needham & Company Reiterates Buy as ADTRAN, Inc. (ADTN) Reports Solid 2Q
July 14, 2016 7:02 AM EDTNeedham & Company reiterated a Buy rating and $22.00 price target on ADTRAN (NASDAQ: ADTN) following the company's 2Q earnings report. ADTN reported revenue results of $162.7MM, essentially in line with the consensus estimates of $162.5MM. EPS exceeded the $0.23 consensus by $0.02. Management has guided... More
MKM Partners Remains Bullish on ADTRAN, Inc. (ADTN) Following 2Q Earnings Release
July 13, 2016 11:10 AM EDTMKM 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
ADTRAN, Inc. (ADTN) Guides Q3 Revenue Below Expectations
July 13, 2016 10:47 AM EDTADTRAN, 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.
... MoreADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 1.8% Yield
July 13, 2016 7:09 AM EDTADTRAN, 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.
For... More
