Brief: Adva Optical Q2 Net Profit Rises 57.3% To EUR 12 Mln

Adtran Networks SE

22/07/2021 06:15

July 22 (Reuters) - ADVA OPTICAL NETWORKING SE  ADAG.DE :
    * ADVA POSTS RECORD RESULTS FOR Q2 2021
    * Q2 NET PROFIT ROSE 57.3% TO 12 MILLION EUR
    * QUARTERLY REVENUES UP 3.0% YEAR-OVER-YEAR TO EUR 149.4
MILLION
    * PRO FORMA OPERATING INCOME SIGNIFICANTLY UP BY 42.6% TO
EUR 14.4
MILLION (9.7% OF REVENUES)
    * SEES REVENUES EUR 580 - 610 MILLION FOR FY 2021
    * SEES PRO FORMA OPERATING INCOME 7.0% - 10.0% OF REVENUES
FOR FY
2021
    * SAYS NET INCOME REACHED EUR 12.0 MILLION IN Q2 2021, UP BY
6.9%
FROM EUR 11.2 MILLION IN Q1 2021

Source text for Eikon:  ID:nBw9jdtfqa 
Further company coverage:  ADAG.DE 

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