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

Adtran Holdings

03/11/2021 10:55

* ADTRAN Inc  ADTN.OQ  reported a quarterly adjusted loss of 2
cents​​ per share for the quarter ended in September. The mean
expectation of five analysts for the quarter was for a loss of 2
cents per share.
* Revenue rose 3.7% to $138.08 million from a year ago; 
analysts expected $138.06 million. 
* ADTRAN Inc's reported EPS for the quarter was a loss of 21
cents​.
* The mean earnings estimate of analysts had fallen by
about 111.9% in the last three months.​ 
* In the last 30 days three analysts negatively revised earnings
estimates 
* ADTRAN Inc shares had risen by 2.7% this quarter and
gained 30.4% 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 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
This summary was machine generated November 3 at 10:55 a.m.
 ​All figures in US dollars unless otherwise stated