$182.75 Million in Sales Expected for ADTRAN, Inc. (ADTN) This Quarter
The company has spent $8.90 million cash to meet investing activities during the quarter as against cash inflow of $5.37 million in the previous year period.
Analysts expect Ultra Petroleum Corp.
Operating cash flow drops significantlyADTRAN, Inc has generated cash of $9.04 million from operating activities during the quarter, down 42.35 percent or $ 6.64 million, when compared with the a year ago period.
ADTRAN, Inc.is a leading global provider of networking and communications equipment.
Media headlines about ADTRAN (NASDAQ:ADTN) have been trending somewhat negative recently, AlphaOne reports. Earnings per share were $0.14 compared to $0.10 for the first quarter of 2016. The company had revenue of $170.28 million for the quarter, compared to the consensus estimate of $167.87 million. Non-GAAP earnings per share were $0.18 compared to $0.14 for the first quarter of 2016.
North Korea Denounces US as Naval Armada Approaches
Since inheriting power from his father Kim Jong-il in late 2011, Kim Jong-un has strengthened his power through a reign of terror. In his annual New Year's address, Kim said that the country's preparations for an ICBM launch have "reached the final stage".
ADTN has been the subject of several recent research reports. The company's shares closed yesterday at $19.80. Zacks Investment Research lowered shares of ADTRAN from a "buy" rating to a "hold" rating in a report on Tuesday, March 21st. One equity analyst rating the company a strong buy, four equity analysts rating the company a buy, six equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero analysts rating the company a sell with a 12-month price target of $20.56. MKM Partners reaffirmed a "buy" rating and set a $27.50 target price (up from $24.00) on shares of ADTRAN in a report on Tuesday, January 24th. Argus upgraded ADTRAN from a "hold" rating to a "buy" rating in a research report on Thursday. The stock has a consensus rating of "Buy" and a consensus target price of $23.60.
"ILLEGAL ACTIVITY WARNING: "$182.75 Million in Sales Expected for ADTRAN, Inc. The good news is, sales may return to growth this quarter. FMR LLC raised its stake in shares of ADTRAN by 1.1% in the fourth quarter. First Trust Advisors LP now owns 25,350 shares of the company's stock worth $473,000 after buying an additional 14,853 shares in the last quarter. Rail Splitter Capital Management LLC increased its position in shares of ADTRAN by 23.5% in the second quarter. 357,137 shares of the company were exchanged. The stock has a market capitalization of $967.95 million, a price-to-earnings ratio of 27.71 and a beta of 0.60. The share price has moved backward from its 20 days moving average, trading at a distance of -0.9% and stays -3.55% away from its 50 days moving average.
The company also recently announced a quarterly dividend, which will be paid on Thursday, February 16th. Investors of record on Thursday, May 4th will be issued a $0.09 dividend.
Based on the latest brokerage notes which have been released to investors, 1 brokers have issued a rating of "strong buy", 4 brokers "buy", 4 brokers "neutral", 1 brokers "sell" and 0 brokers "strong sell". The ex-dividend date is May 2, 2017, and the payment date is May 18, 2017. ADTRAN solutions are now in use by service providers, private enterprises, government organizations, and millions of individual users worldwide.
Athletes are required to be available for one hour each day for testing under global anti-doping regulations. Under World Anti-Doping Agency rules, athletes can not miss three tests in a 12-month period.
Leading presidential candidates have urged greater counterterrorism measures in a campaign already under a state of emergency. Meanwhile, French Prime Minister Bernard Cazeneuve has shown solidarity with the policeman, who was killed in the shooting.
Among their complaints is the lack of WiFi access, study areas, cleaning services, a computer lab and student bus services. Vehicles within the university were diverted by police onto Yale Road towards to the Jorissen Street exit.
The judge filed her order Thursday after the state complained to the Arkansas Supreme Court that she was taking too much time. The state filed an amended plan Monday that grants attorneys for the inmates more phone access while on prison grounds.
One of the three victims was shot at a bus stop near a Catholic Charities office and another was shot in the agency's parking lot. Fresno police said Muhammad, was also wanted in connection with the shooting of a security guard and has a criminal record.
All in all, New England plays nine games in the 1 p.m. slot and five games in primetime, including the season opener. I guess that's a nice way of saying the Falcons could have doomed themselves with a Week 1 loss to the Patriots.
He has said that at least some of the housing measures will be included in the Ontario budget, set to be tabled April 27. It will also introduce a C$125 million ($93 million) five-year program to encourage apartment construction.
Lance Zierlein, NFL.com: The guy is a freak, which leads us to a comparable NFL talent in Jevon "The Freak" Kearse. There is no premier quarterback in this draft, so the Browns can get the next best thing - a premier pass rusher.
He scored 20 points but made just six of 15 shots from the floor, missed six of his 13 free-throw attempts and had five turnovers. Stevens said that after services for Thomas' sister, the star guard intends to rejoin the team Friday for Game 3 at Chicago.
"We are quite surprised that such petitions are filed for properties that are in the United States and the United Kingdom". The gem is the subject of a historic ownership dispute and has been claimed by at least four countries, including India.
"I'm anxious about it because I don't like to see players out injured and all the more so during the run-in", said Zidane.
More Americans Than Ever Support Marijuana Legalization
This sentiment has increased each year we've measured it since 2013, with the turning point to majority support coming in 2014. Experts predict the market could hit $21bn in sales by 2020 - bringing in millions in taxes for state governments, too.
49ers, Bears & Jets 'most eager' to trade back in top 10
Cameron Erving, the 2015 first-round pick, failed at center past year but will get the chance to compete for the right tackle job. With the need for a quarterback glaring, the Browns find themselves once again trying to find their franchise signal caller.
Barcelona fans, players, coach stay positive after CL exit
If they lose to Real Madrid again on Sunday, it would leave them six points behind their title rivals having played a game more. The three Italian defenders ensured legendary goalkeeper Gianluigi Buffon had just one save to make all night at the Nou Camp.
Sunderland 2-2 West Ham highlights
With the home crowd on their side, the Black Cats managed to come back from one down in the first half with a goal by Khazri. The club's goal drought ended after 701 tortuous minutes when Wahbi Khazri's corner caught the win and flew in.
Canada minister they're looking forward to Trump trade talks
The ambassador's letter comes after Trump weighed-in on the dispute during a visit to a Kenosha manufacturing company Tuesday. Trump, who was elected with the help of strong rural support, has pledged to renegotiate NAFTA to help US industry.
Christie defends killing tunnel project he says 'stunk'
The governor kept his remarks uncharacteristically brief. "So the President's well aware of my point of view on this project". What neither he nor Sen. "We're teetering every single day on the brink of truly a traffic Armageddon", Booker said.