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ADTRAN Inc (ADTN.OQ)

ADTN.OQ on NASDAQ Stock Exchange Global Select Market

13.04USD
11:04pm IST
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$0.18 (+1.40%)
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$12.86
Open
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Volume
58,094
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$13.20
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Latest Key Developments (Source: Significant Developments)

ADTRAN Sees Q3 Loss Of About $0.96/Shr
Thursday, 10 Oct 2019 

Oct 9 (Reuters) - ADTRAN Inc ::ADTRAN, INC. ANNOUNCES PRELIMINARY THIRD QUARTER 2019 REVENUE AND EARNINGS ESTIMATES.QTRLY EARNINGS PER SHARE, ASSUMING DILUTION, IS EXPECTED TO BE A LOSS OF ABOUT $0.96.NON-GAAP EARNINGS PER SHARE FOR QUARTER, ASSUMING DILUTION, IS EXPECTED TO BE A LOSS OF APPROXIMATELY $0.06.EARNINGS PER SHARE IS EXPECTED TO BE AFFECTED BY A ONE-TIME, NON-CASH, VALUATION ALLOWANCE OF APPROXIMATELY $37 MILLION.OUR CURRENT EXPECTATION FOR REVENUE FOR Q4 OF 2019, IS THAT IT WILL BE FLAT TO SLIGHTLY DOWN FROM Q3.SAYS PLAN FOR OUR NON-GAAP OPERATING EXPENSES DURING Q4 TO BE APPROXIMATELY 10% BELOW OUR Q2 NON-GAAP EXPENSE RATE.REVENUE FOR QUARTER IS EXPECTED TO BE APPROXIMATELY $114 MILLION.  Full Article

Adtran Files For Non-Timely 10-Q
Tuesday, 13 Aug 2019 

Aug 12 (Reuters) - ADTRAN Inc ::ADTRAN INC - FILES FOR NON-TIMELY 10-Q.ADTRAN - DUE TO ONGOING ASSESSMENT OF ACCURACY & REASONABLENESS OF CURRENT & PREVIOUSLY REPORTED E&O RESERVES, CO IS NOT ABLE TO FILE Q2 FORM 10-Q.ADTRAN - ON AUG 8, CONCLUDED THERE WERE 2 MATERIAL WEAKNESSES RELATED TO INTERNAL CONTROL DEFICIENCIES AS OF DEC 31, 2018 THAT CONTINUED THROUGH END OF Q2 2019.ADTRAN - DETERMINED TO PREPARE & FILE AMENDMENT TO 2018 FORM 10-K IN ORDER TO ADDRESS MATERIAL WEAKNESSES & RELATED DISCLOSURES.  Full Article

Adtran Sees Q2 2019 Non-Gaap EPS Of $0.14
Thursday, 18 Jul 2019 

July 17 (Reuters) - ADTRAN Inc ::ADTRAN, INC. REPORTS PRELIMINARY EARNINGS FOR THE SECOND QUARTER 2019 AND DECLARES QUARTERLY CASH DIVIDEND.Q2 REVENUE $156.4 MILLION VERSUS REFINITIV IBES ESTIMATE OF $156.1 MILLION.SEES Q2 2019 NON-GAAP EARNINGS PER SHARE $0.14.SEES Q2 2019 EARNINGS PER SHARE $0.11.IS ASSESSING INVENTORY RELATED INTERNAL CONTROL DEFICIENCIES WHICH MAY RESULT IN IDENTIFICATION OF MATERIAL WEAKNESSES.  Full Article

Adtran Says Michael Foliano Will Replace Roger Shannon As CFO
Thursday, 7 Mar 2019 

March 7 (Reuters) - ADTRAN Inc ::SAYS MICHAEL FOLIANO APPOINTED CFO.SAYS FOLIANO WILL REPLACE ROGER SHANNON - SEC FILING.SAYS SHANNON WILL CONTINUE AS TREASURER IN THE ROLE OF VICE PRESIDENT OF TREASURY AND CORPORATE DEVELOPMENT.  Full Article

ADTRAN Reports Q4 Non-GAAP Loss Per Share Of $0.12
Thursday, 24 Jan 2019 

Jan 23 (Reuters) - ADTRAN Inc ::ADTRAN, INC. REPORTS EARNINGS FOR THE FOURTH QUARTER 2018 AND DECLARES QUARTERLY CASH DIVIDEND.Q4 SALES $140.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF $134.8 MILLION.Q4 LOSS PER SHARE $0.18.Q4 NON-GAAP LOSS PER SHARE $0.12.Q4 EARNINGS PER SHARE ESTIMATE $-0.03 -- REFINITIV IBES DATA.  Full Article