ADTRAN, Inc. (ADTN) Tops Q4 EPS by 13c
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Needham & Company Upgrades ADTRAN (ADTN) to Buy
January 21, 2016 6:22 AM ESTNeedham & Company upgraded ADTRAN (NASDAQ: ADTN) from Hold to Buy with a price target of $21.00, citing the start of a multi-year NA broadband cycle.
Analyst Richard Valera commented, "ADTN delivered solid 4Q15 results driven by strength in its NA BBA business and offered bullish... More
ADTRAN, Inc. (ADTN) Declares $0.09 Quarterly Dividend; 2% Yield
January 20, 2016 6:17 AM ESTADTRAN, Inc. (NASDAQ: ADTN) declared a quarterly dividend of $0.09 per share, or $0.36 annualized.
The dividend will be payable on February 18, 2016, to stockholders of record on February 4, 2016, with an ex-dividend date of February 2, 2016.
The annual yield on the dividend is 2 percent.
For... More
