Brief: Adva Optical Q3 Net Profit Up At EUR 18.5 Million

Adtran Networks SE

21/10/2021 06:09

Oct 21 (Reuters) - ADVA OPTICAL NETWORKING SE  ADAG.DE :
    * OUTLOOK FISCAL YEAR 2021 UNCHANGED: REVENUES EUR 580 - 610
MILLION; PRO FORMA OPERATING INCOME 7.0% - 10.0% OF REVENUES 
    * Q3 NET PROFIT ROSE 177 PERCENT TO 18.5 MILLION EUR
    * Q3 REVENUES UP 3.5% YEAR-OVER-YEAR TO EUR 151.8 MILLION
    * Q3 PRO FORMA OPERATING INCOME SUBSTANTIALLY UP BY 17.7% TO
EUR
13.0 MILLION (8.6% OF REVENUES)
    * Q3 PRO FORMA GROSS PROFIT INCREASED BY 0.4% COMPARED TO
EUR 51.9
MILLION (35.4% OF REVENUES) REPORTED IN Q3 2020
    * NET INCOME REACHED EUR 18.5 MILLION IN Q3 2021

Source text for Eikon:  ID:nEQ7RJVM4a 
Further company coverage:  ADAG.DE 

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