Zhone Technologies Reports Second Quarter 2016 Financial Results

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Zhone Tech (ZHNE) Misses Q2 EPS by 1c

July 21, 2016 4:41 PM EDT

Zhone Tech (NASDAQ: ZHNE) reported Q2 EPS of ($0.05), $0.01 worse than the analyst estimate of ($0.04). Revenue for the quarter came in at $22.6 million versus the consensus estimate of $22.5 million.

Adjusted earnings before stock-based compensation, interest, taxes, depreciation and merger transaction costs (adjusted EBITDA) was... More