Adtran, Inc. (ADTN) Tops Q3 EPS by 3c; Authorizes Additional 5M Common Buyback
Tweet
Share
E-mailGet Alerts ADTN Hot Sheet
Price: $14.36 -7.83%
Revenue Growth %: +10.7%
Financial Fact:
Earnings per common share - basic: 0.26
Today's EPS Names:
MAYS, CRMT, REPL, More
Revenue Growth %: +10.7%
Financial Fact:
Earnings per common share - basic: 0.26
Today's EPS Names:
MAYS, CRMT, REPL, More
Join SI Premium – FREE
Adtran, Inc. (NASDAQ: ADTN) reported Q3 EPS of $0.59, ex-items, $0.03 better than the analyst estimate of $0.56. Revenue for the quarter came in at $192.19 million versus the consensus estimate of $189.44 million.
The Company announced that its Board of Directors has authorized the repurchase of an additional 5,000,000 shares of the Company’s common stock to commence upon completion of the repurchase plan announced April 14, 2008.
The Company announced that its Board of Directors has authorized the repurchase of an additional 5,000,000 shares of the Company’s common stock to commence upon completion of the repurchase plan announced April 14, 2008.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- FedEx (FDX) Tops Q4 EPS by 39c, Beats on Revenue; Offers FY27 EPS Guidance
- Universal Music Group repurchases €71.9M in shares under buyback program
- Ericsson repurchases 4.8 million shares for SEK 539 million
Create E-mail Alert Related Categories
Earnings, Stock BuybacksSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
