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

Adtran Holdings

05/05/2022 03:39

* ADTRAN Inc  ADTN.OQ  reported quarterly adjusted earnings
of 20
cents​​ per share for the quarter ended in March. The mean
expectation of five analysts for the quarter was for earnings of
5 cents per share.
    * Revenue rose 21.2% to $154.52 million from a year ago; 
analysts
expected $154.48 million. 
    * ADTRAN Inc's reported EPS for the quarter was a loss of 2
cents​.
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * ADTRAN Inc shares had fallen by 3.8% this quarter and
lost 22.3%
so far this year.
    * Wall Street's median 12-month price target for ADTRAN Inc
is
$25.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated May 5 at 02:39 a.m.  ​All
figures in US dollars unless otherwise stated