emfizz.com
emfizz.com July 21, 2017


ADTRAN (ADTN) Beats Earnings amp; Revenue Estimates in Q1

20 April 2017, 10:22 | Jan Cross

State Street Corp raised its position in shares of ADTRAN, Inc.

They expect $0.13 EPS, up 15.38% or $0.02 from last year's $0.11 per share. The difference between Actual EPS and Estimated EPS was 0.05 Percent. Finally, TD Asset Management Inc. boosted its stake in shares of ADTRAN by 43.4% in the third quarter. The company is expected to issue its next earnings report after the market closes on Tuesday, April 18th. Blackrock has invested 0% in ADTRAN, Inc.

In terms of earnings per share, 6 analysts have a 0.21 EPS mean target for the quarter ending Jun-17, for the quarter ending Sep-17, 6 analysts have a 0.24 EPS mean target and for the quarter ending Sep-17 there are 6 estimates of 0.73 EPS.

The company has spent $8.55 million cash to carry out financing activities during the quarter as against cash outgo of $15.21 million in the a year ago period.

Samsung Galaxy S8, S8+ red tinted screens trigger consumer alert
Without a doubt, the Galaxy S8 and Galaxy S8 + seem to have an evolutionary better curved display called Infinity Screen. The Galaxy S8 and the Galaxy S8 + both are running on Android 7.0 Nougat based Samsung Experience software.


DREAMer deported because officers wouldn't let him get his wallet
He said he left his wallet in a friend's auto , but was told by agents he could not retrieve his ID or proof of his DACA status. The lawsuit seeks records explaining why Montes was deported to Mexico, alleging violations of the Freedom of Information Act.


Georgia GOP congressional hopeful
She was all smiles, but admitted to being a little nervous about the outcome of what she says has been a very competitive race. Perez said he hopes the Georgia win will be one of many as the 2018 midterm elections approach. "That is Jon Ossoff ".


Operating income for the quarter was $7.03 million, compared with $5.52 million in the previous year period.

Several research firms recently commented on ADTN. (NASDAQ:ADTN) traded up 1.82% during mid-day trading on Tuesday, hitting $19.60. Zacks Investment Research cut ADTRAN from a "buy" rating to a "hold" rating in a report on Tuesday, March 21st. Drexel Hamilton initiated the shares of ADTN in report on Wednesday, September 9 with "Hold" rating. Two research analysts have rated the stock with a sell recommendation, one has assigned a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company.

ILLEGAL ACTIVITY NOTICE: This article was first reported by Transcript Daily and is the sole property of of Transcript Daily. If you are viewing this article on another website, it was stolen and reposted in violation of United States and worldwide trademark and copyright laws. Based on data provided from analysts, ADTRAN, Inc. has a current consensus target price of 22.63. (NASDAQ:ADTN)'s stock is experiencing unusual volume during today's trading. The target implies a 18.48% spike from where the shares are now trading. The stock has a 50 day moving average of $22.18 and a 200 day moving average of $19.97. The firm has a market cap of $1.05 billion, a price-to-earnings ratio of 30.07 and a beta of 0.60. Los Angeles Capital And Equity holds 0.01% in ADTRAN, Inc.

Total shares held by institutions as of the most recent company filings are 44,154,231 with a reported 3,144,138 bought and 1,863,669 sold. Finally, Teacher Retirement System of Texas increased its position in shares of ADTRAN by 13.5% in the second quarter. Municipal Employees Retirement System of MI raised its position in shares of ADTRAN by 1.2% in the third quarter. Municipal Employees Retirement System of MI now owns 14,060 shares of the communications equipment provider's stock worth $269,000 after buying an additional 170 shares during the last quarter. Guggenheim Capital LLC now owns 25,220 shares of the communications equipment provider's stock valued at $563,000 after buying an additional 13,959 shares during the last quarter.



Other News

Trending Now

US defense secretary looks to rebuild trust in Egypt visit
The insurgency in the Sinai took off after Morsi was ousted with ISIL increasingly expanding its attacks to other parts of Egypt. On Thursday, the Egyptian military said its air force had killed 19 Islamic extremists including a top ISIL cleric in Sinai.

Court Rulings Block 2 Scheduled Executions Today In Arkansas
The inmates claim in their request Wednesday that such a compressed schedule "is contrary to the evolving standards of decency". The legal issue that halted Monday's executions for Ward and Davis hinged on a separate, broader case pending before the U.S.

Man Utd midfielder Lingard: Herrera put in real shift
They are phenomenal on the counter-attack. "We expected them to start fast and we had to try and control that, and we never did". He added: "I am concerned, we have to work together and find quickly the right desire and ambition to win this title".

Palestinians in Israeli prisons begin hunger strike
The last mass hunger strike occurred in 2014, when hundreds of prisoners protested the use of administrative detention. More than 1,000 prisoners in six Israeli prisons have joined the strike, making it one of the largest in recent years.

Star Wars: The Last Jedi will "absolutely address" Rey's parents
George Lucas, the creator of Star Wars had given a lengthy and sweet tribute and told everyone how he felt working with her. I was off in the swampland with the puppets and robots, but at least Carrie and Harrison got to work with human beings.

Capitals vs. Maple Leafs: Game 4 is a turning point for Washington
The Caps bottled up the speed attack that was so apparent two days earlier in a game Tyler Bozak won for Toronto in overtime. They've certainly tested Andersen plenty, but the Maple Leafs goaltender stopped 47 of the 50 shots he saw Saturday.

Teen Who Disappeared After Prom Faces Criminal Charge
The driver lost control of his auto and rolled over an embankment on Sunnyside Bench Road near the Clearwater County line. The Spokesman-Review reports 17-year-old Kristian Perez died at a Lewiston hospital after a crash Wednesday afternoon.

Death toll in Aleppo bus convoy bomb attack reaches 126
The death toll from a bomb blast on a crowded Syrian bus convoy outside Aleppo has risen to almost 130, says a monitoring group. Madaya and Zabadani have been under the control of anti-government fighters but facing siege from forces loyal to the regime.

Most Active Volume Stock: Function(x) Inc. (FNCX)
The company's last traded volume of 2.35 million shares was more it's an average volume of 0.7 million shares. The day's total volume of 2358069 this morning is in contrast from the three-month daily average of 730.66K.

Corbyn set to fight United Kingdom 'rigged system'
Which is surprising, given how appallingly he is polling - in fact, it's probably May's motivation for the election. A YouGov poll for The Times puts Corbyn's party 24 points behind Prime Minister Theresa May's Conservatives.