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0 0.00193798449612392 0.00258397932816541 0.0129198966408269 0.0103359173126615 0.0155090439276486 0.0206718346253229 0.0167958656330749
Stock impact report

ADTRAN (ADTN) Beats Earnings & Revenue Estimates in Q1 [Yahoo! Finance News]

ADTRAN Holdings, Inc. (ADTN) 
Last adtran holdings, inc. earnings: 2/5 08:05 pm Check Earnings Report
ADTRAN (ADTN) Beats Earnings & Revenue Estimates in Q1 Communication network solution provider ADTRAN Inc. ADTN reported first-quarter 2017 results, wherein both the top line and the bottom line surpassed the Zacks Consensus Estimate. The company’s earnings (including stock-based compensation expenses) came in at 15 cents per share, beating the Zacks Consensus Estimate of 13 cents. Total revenue of $170.3 million was up 19.76% year over year. The top line also beat the consensus mark of $168 million. Quarterly gross margin came in at 43.3%, compared with 46.27% in the prior-year quarter. Operating income in the reported quarter totaled $7.03 million as against $5.52 million in the last-year quarter. At the end of the first quarter of 2017, ADTRAN generated $9.04 million of cash from operations, compared with $15.68 million in the year-ago period. ADTRAN exited the first quarter of 2017 with cash and cash equivalents of $72.6 million, compared with $79.9 million at the end of 2016. Di Show less Read more
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