Adtran Inc Reports Results For The Quarter Ended In December: Earnings Summary

Adtran Holdings

03/02/2022 01:59

* ADTRAN Inc  ADTN.OQ  reported quarterly adjusted earnings
of 10
cents​​ per share for the quarter ended in December. The mean
expectation of five analysts for the quarter was for a loss of 2
cents per share.
    * Revenue rose 18.5% to $154.16 million from a year ago; 
analysts
expected $141.27 million. 
    * ADTRAN Inc's reported EPS for the quarter was a loss of 9
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ADTRAN Inc shares had fallen by 16.0% this quarter.
    * Wall Street's median 12-month price target for ADTRAN Inc
is
$26.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated February 3 at 01:59 a.m.
 ​All figures in US dollars unless otherwise stated