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Broadband

Adtran lifts revenues to USD 156.4 mln in Q2

Thursday 18 July 2019 | 14:54 CET | News
Adtran reported preliminary results for the second quarter as it works to assess its excess and obsolete inventory reserves and any related internal control deficiencies. A final report of the results will come if there are any changes to the figures. Revenues for the quarter rose to USD 156.4 million from 128 million the year before, while the net result increased to USD 5.1 million or USD 0.11 per diluted share, from a loss of 7.7 million and 0.16 per share.

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Categories: Fixed
Companies: Adtran
Countries: World
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