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Broadband

Adtran revenues up to USD 168.9 mln in Q3

Wednesday 19 October 2016 | 16:21 CET | News
Adtran, a provider of networking and communications equipment, saw its sales increase to USD 168.890 mln in Q3 compared to USD 158.078 mln for the third quarter of 2015. Net income rose to USD 12.415 mln compared to USD 7.067 mln for the third quarter of 2015. Earnings per share, assuming dilution, were USD 0.26 compared to USD 0.14 for the third quarter of 2015. The company also announced that its board of directors declared a cash dividend for the third quarter. The quarterly cash dividend is USD 0.09 per common share to be paid to holders of record at the close of business on 3 November.

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Categories: Fixed
Companies: Adtran
Countries: World
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