ADTRAN announced financial results for the third quarter of 2020, with revenue of $133.1 million. Net income for the quarter was $5.5 million, resulting in earnings per share of $0.11. The company secured 38 new service provider customers and saw strong momentum in new customer acquisition.
Revenue for the quarter was $133.1 million.
Net income for the third quarter of 2020 was $5.5 million.
Earnings per share, assuming dilution, was $0.11 per share.
Secured 38 new service provider customers.
ADTRAN will hold a conference call to discuss its third quarter results on Tuesday, November 3, 2020.
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