ADTRAN, Inc. Reports Record Results for Second Quarter 2011 and Declares Quarterly Cash Dividend
ADTRAN, Inc. (Nasdaq: ADTN) reported results for the second quarter of 2011. Sales increased 23% to an all time record level of $184,227,000 for the quarter, compared to $150,361,000 for the second quarter of 2010. Operating income increased 33% to an all time record level of $51,310,000 for the quarter compared to $38,617,000 for the second quarter of 2010. Net income increased 33% to $36,943,000 for the quarter, compared to $27,751,000 for the second quarter of 2010.
Earnings per share, assuming dilution, increased 27% to $0.56 for the quarter, compared to $0.44 for the second quarter of 2010.... Read more
ADTN
Latest Price: $ 6.43
Dividend Yield (TTM): 0.00%
- No dividends the last 12 months.
Source: Yahoo Finance. Stock prices and dividends can be delayed, cached or incomplete.
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