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Broadband

Adtran reports lower revenues, profit in Q4 amid 'challenging' US market

Thursday 6 February 2020 | 09:27 CET | News
Adtran reported another set of lower results for the fourth quarter, with revenues down to USD 115.8 million from 140.1 million and the net loss widening to USD 12.7 million from a loss of 8.4 million the year before. The loss per share went to USD 0.26 from a loss of 0.18 but the adjusted loss per share narrowed to USD 0.07 from a loss of 0.12. The company will be keeping its quarterly cash dividend at USD 0.09 per share.

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Categories: Fixed
Companies: Adtran
Countries: World
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