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Reported Earlier, Adtran Q4 Adj. EPS $(1.09) Misses $(0.11) Estimate, Sales $225.48M Miss $228.30M Estimate

Author: Benzinga Newsdesk | February 27, 2024 02:13am

Adtran (NASDAQ:ADTN) reported quarterly adjusted losses of $(1.09) per share which missed the analyst consensus estimate of $(0.11) by 890.91 percent. This is a 1008.33 percent decrease over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $225.48 million which missed the analyst consensus estimate of $228.30 million by 1.24 percent. This is a 37.06 percent decrease over sales of $358.27 million the same period last year.

Posted In: ADTN


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