ADTRAN (ADTN) Set to Announce Quarterly Earnings on Wednesday
ADTRAN (NASDAQ:ADTN) is set to announce its earnings results after the market closes on Wednesday, April 17th. Analysts expect the company to announce earnings of ($0.09) per share for the quarter. Investors that wish to register for the company’s conference call can do so using this link.
ADTRAN (NASDAQ:ADTN) last announced its earnings results on Wednesday, January 23rd. The communications equipment provider reported ($0.12) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.04) by ($0.08). ADTRAN had a negative return on equity of 4.42% and a negative net margin of 3.34%. The firm had revenue of $140.09 million during the quarter, compared to the consensus estimate of $134.25 million.
Shares of NASDAQ:ADTN opened at $14.24 on Tuesday. ADTRAN has a 52-week low of $10.21 and a 52-week high of $19.30. The company has a market capitalization of $687.55 million, a PE ratio of -30.30 and a beta of 1.26. The company has a debt-to-equity ratio of 0.06, a current ratio of 3.01 and a quick ratio of 2.17.
ADTRAN, Inc provides networking and communications equipment worldwide. The company operates through two segments, Network Solutions and Services & Support. It offers access and aggregation solutions, including network management and subscriber services control and orchestration software within a SD-access architecture; SDN-controlled programmable network elements; fiber to the premises and fiber to the node (FTTN) multi-service access nodes (MSAN); fiber aggregation and FTTN MSAN; fiber to the distribution point optical network units; optical line terminals; optical networking edge aggregation; and IP digital subscriber line access multiplexers.
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