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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Categories: Fixed
Companies: Adtran
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Adtran creates 'Gigabit Accelerator Program'

Published 17 Aug 2017 07:06 CET | United States
Adtran launched its 'Gigabit Accelerator Program' to provide needed resources to service providers that will enable them to ...

Adtran Q4 revenues up 17%, boosted by CAF spending

Published 18 Jan 2017 10:32 CET | World
Adtran reported fourth-quarter revenues up 17 percent year-on-year to USD 163 million, better than the company expected, it said. ...

ADTRAN rolls out broadband service for Bezeq Israel

Published 19 Oct 2016 15:50 CET | Israel
Networking solutions provider Adtran has announced it is the prime project vendor in a countrywide broadband deployment for ...

Adtran doubles G.fast speed with Dynamic Time Allocation

Published 18 Oct 2016 14:50 CET | World
Adtran announced the availability of a new capability for G.fast deployments named Dynamic Time Allocation (DTA) that allows ...

Adtran provides cloud platform to Edward Waters College

Published 06 Oct 2016 07:52 CET | United States
Adtran created an advanced digital learning environment for Edward Waters College, a private college located in Jacksonville, the ...

Adtran acquires CommScope cable assets

Published 14 Sep 2016 15:59 CET | World
Adtran has acquired a number of fibre access products, technologies and service relationships from CommScope. The deal will ...

Adtran launches cloud platform for Mosaic SD-Access

Published 24 Aug 2016 14:06 CET | World
Adtran, a provider of open networking products, announced its Mosaic Cloud Platform to provide control and orchestration ...

Adtran posts four-fold increase in Q2 profit

Published 13 Jul 2016 09:06 CET | World
Adtran announced sales of USD 162.7 million for the second quarter, up slightly from USD 160.1 million a year ago. Net profit ...

Calendar   /   Industry Events

26 Oct Cabsat
26 Oct MWC Los Angeles
27 Oct Android Dev Summit
28 Oct Millicom Q3 2021
28 Oct CyrusOne Q3
28 Oct Telefonica Brasil Q3
28 Oct Rovio Q3 2021
28 Oct MTN Nigeria Q3 2021
28 Oct STMicroelectronics Q3
28 Oct Comcast Q3
28 Oct Nokia Q3 2021
28 Oct Telenor Q3 2021
28 Oct Swisscom Q3 2021
28 Oct American Tower Corporation Q3
28 Oct Poly fiscal Q2
28 Oct HKBN FY results
28 Oct Amazon Q3
28 Oct Samsung Electronics Q3 2021
28 Oct CoreSite Q3 2021
28 Oct Airtel Africa Q3 2021
28 Oct Veon Q3 2021
28 Oct Apple fiscal Q3
28 Oct Telenet Q3 2021
28 Oct Cellnex Q3 2021
28 Oct Berec stakeholders forum
28 Oct Facebook Connect
29 Oct Proximus Q3 2021
29 Oct Tecnotree Q3 results
29 Oct Charter Communications Q3
29 Oct Shaw Communications fiscal Q3
29 Oct NEC fiscal Q2
29 Oct Shentel Q3 2021
29 Oct Hrvatski Telekom Q3 2021
::: More Calendar Items