ADTRAN, Inc. Reports Results for the Fourth Quarter 2016 and Declares Quarterly Cash Dividend
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ADTRAN (ADTN) PT Raised to $27.50 at MKM Partners Following Strong 4Q
January 19, 2017 10:10 AM ESTMKM Partners raised its price target on ADTRAN (NASDAQ: ADTN) to $27.50 (from $24.00) while maintaining a Buy rating. 4Q16 revenues came in at $163mn versus $152mn estimates. There was revenue strength in the U.S. and abroad, and strength with Tier 1, Tier 2 and Tier 3 carriers in the U.S. The... More
ADTRAN (ADTN) PT Raised to $20.50 at Jefferies
January 19, 2017 7:44 AM ESTJefferies raised its price target on ADTRAN (NASDAQ: ADTN) to $20.50 (from $17.50) while maintaining a Hold rating. 4Q Sales of $163.0 million exceeded the Street's $151.7 million estimate.
Analyst George C. Notter commented, "Were still on the sidelines with respect to the stock. We... More
ADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 1.6% Yield
January 18, 2017 7:45 AM ESTADTRAN, Inc. (NASDAQ: ADTN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.
The dividend will be payable on February 16, 2017, to stockholders of record on February 2, 2017, with an ex-dividend date of January 31, 2017.
The annual yield on the dividend is 1.6 percent.
For... More
ADTRAN, Inc. (ADTN) Tops Q4 EPS by 10c
January 18, 2017 7:44 AM ESTLate Tuesday, ADTRAN, Inc. (NASDAQ: ADTN) reported Q4 EPS of $0.21, $0.10 better than the analyst estimate of $0.11. Revenue for the quarter came in at $162.99 million versus the consensus estimate of $151.7 million.
ADTRAN Chief Executive Officer Tom Stanton stated, Our revenue and EPS performance for the... More
