Brief: Adva Optical Networking Q2 Revenue Up At EUR 145 Mln

Adtran Networks SE

23/07/2020 06:08

July 23 (Reuters) - ADVA OPTICAL NETWORKING SE  ADAG.DE :
    * Q2 REVENUE ROSE 8.9 PERCENT TO 145 MILLION EUR
    * Q2 NET PROFIT 7.6 MILLION EUR
    * QUARTERLY REVENUES UP 8.9% YEAR OVER YEAR TO EUR 145.0
MILLION
    * PRO FORMA OPERATING INCOME FOR Q2 2020 WAS EUR 10.1
MILLION
(7.0% OF REVENUES)
    * OPERATING INCOME FOR Q2 2020 OF EUR 8.7 MILLION
SIGNIFICANTLY
INCREASED FROM EUR 4.0 MILLION LOSS REPORTED FOR Q1 2020
    * NET INCOME WAS EUR 7.6 MILLION IN Q2 2020 AND
OVERCOMPENSATED A
NET LOSS OF EUR 7.2 MILLION IN Q1 2020

Source text for Eikon:  ID:nEQ4kJvBma 
Further company coverage:  ADAG.DE 

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