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Jun 30, 2021
ADTRAN Q2 2021 Earnings Report
Reported earnings for the second quarter of 2021 and declared quarterly cash dividend.
Key Takeaways
ADTRAN reported revenue of $143.2 million for the second quarter of 2021. Net income was $5.1 million, with earnings per share of $0.10. Non-GAAP net income was $8.1 million, and non-GAAP earnings per share was $0.16.
Strong demand for fiber access continued to drive multiple segments of the business.
Tier 3 regional operators in the U.S. and Europe showed exceptional strength with growth over 50% year-over-year.
Demand continues to be strong, indicating the early phases of a growth cycle.
The Board of Directors declared a cash dividend of $0.09 per common share.
Revenue by Segment
Forward Guidance
The company confirmed that it will hold a conference call to discuss its second quarter results on Thursday, August 5, 2021.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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