New User:

Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 22, 2013
07:23 EDTADTNAdtran unlikely to win AT&T U-Verse business, says Jefferies
Jefferies believes AT&T (T) will soon select a vendor for equipment used to upgrade the old Fiber-to-the-Curb, or FTTC, infrastructure that was deployed in the heritage BellSouth territory. The firm estimates the opportunity at $50M over two-to-three years and thinks Adtran has a less than 25% chance of winning the business. Further, Jefferies thinks issues of carrier capital spending trends and potential market share losses are not fully priced into shares of Adtran. The firm keeps an Underperform rating on the stock with a $13.25 price target.
News For ADTN From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
October 20, 2014
05:48 EDTADTNADTRAN appoints Ronan Kelly as CTO for EMEA, APAC regions
Subscribe for More Information
October 15, 2014
10:56 EDTADTNADTRAN says delayed domestic Tier 1 business still seen ramping in 2015
Subscribe for More Information
10:50 EDTADTNADTRAN reverses to be down almost 5% to $17.91 after Q4 guidance
10:48 EDTADTNADTRAN sees Q4 revenue seasonally down
Subscribe for More Information
10:47 EDTADTNADTRAN sees Q4 GAAP gross margin flat to slightly up
10:45 EDTADTNADTRAN sees Q4 revenue down by low to mid-teens percentage sequentially
Subscribe for More Information
10:38 EDTADTNADTRAN sees meaningful growth from service business in 2015
Comments made during the company's Q3 earnings conference call.
05:15 EDTADTNADTRAN CEO says company is well positioned to take advantage of carrier spending
ADTRAN CEO Tom Stanton stated, “Revenue came in as we anticipated in our press release of October 2 with a sequential decrease in our European business and a soft enterprise spending environment. Our domestic carrier business saw a sequential revenue increase. We believe our company is well positioned to take advantage of a re-acceleration of carrier spending in both Europe and the US we expect to begin in 2015.”
05:12 EDTADTNADTRAN reports Q3 EPS 25c, consensus 16c
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the disclaimer & terms of use