Last $22.28 USD
Change Today +0.10 / 0.45%
Volume 348.5K
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As of 8:10 PM 05/24/13 All times are local (Market data is delayed by at least 15 minutes).

adtran inc (ADTN) Snapshot

Open
$22.12
Previous Close
$22.18
Day High
$22.38
Day Low
$21.88
52 Week High
06/20/12 - $31.03
52 Week Low
10/12/12 - $15.38
Market Cap
1.3B
Average Volume 10 Days
629.9K
EPS TTM
$0.62
Shares Outstanding
59.3M
EX-Date
04/23/13
P/E TM
35.9x
Dividend
$0.36
Dividend Yield
1.62%
Current Stock Chart for ADTRAN INC (ADTN)

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adtran inc (ADTN) Details

ADTRAN, Inc. designs, manufactures, markets, services, and supports communications network solutions that enable voice, data, video, and Internet communications across various network infrastructures in the United States and internationally. Its Carrier Networks division provides fiber and copper-based solutions used by service providers to deliver voice, data, and video services to their customers’ premises and mobile network cell sites. Its products enable services, such as voice, VoIP, Internet protocol (IP) television, RF video, high speed Internet access, mobile broadband, and data services based upon Ethernet, frame relay, time division multiplexed, and asynchronous transfer mode networks, connecting the network with user components, such as switches, routers, gateways, integrated access devices, PBXs, wireless LAN products, and telephone key systems. It serves local exchange carriers, independent operating companies, competitive local exchange carriers, utilities, municipalities, cable MSOs, international carriers, and wireless service providers. The company’s Enterprise Networks division provides internetworking products, including IP business gateways, optical network terminals, wireless LAN products, multi-service routers, managed Ethernet switches, unified communications solutions, carrier Ethernet network terminating equipment, network management solutions, and integrated access devices. This division serves service providers, independent telephone companies, and competitive service providers, as well as retail, food service, healthcare, finance, government, education, manufacturing, military, transportation, hospitality, and energy/utility markets. The company also offers loop access products, such as high bit-rate digital subscriber line, digital data service, integrated services digital network, T1/E1/T3 channel service units/data service units, and fixed-wireless products. ADTRAN, Inc. was founded in 1985 and is headquartered in Huntsville, Alabama.

2,045 Employees
Last Reported Date: 02/28/13
Founded in 1985

adtran inc (ADTN) Top Compensated Officers

Chairman and Chief Executive Officer
Total Annual Compensation: $560.0K
Chief Financial Officer, Principal Accounting...
Total Annual Compensation: $321.4K
Senior Vice President of Global Operations
Total Annual Compensation: $285.2K
Senior Vice President and General Manager of ...
Total Annual Compensation: $292.1K
Senior Vice President and General Manager of ...
Total Annual Compensation: $290.6K
Compensation as of Fiscal Year 2012.

adtran inc (ADTN) Key Developments

ADTRAN Inc. and Marne Elk Horn Telephone Deliver Fiber-to-the-Home to Rural Communities and Schools

ADTRAN Inc. announced that Marne Elk Horn Telephone is using ADTRAN's Total Access broadband platform to underpin a network-wide upgrade of its last mile service offerings for local schools, residential subscribers and business customers in Southern Iowa. With the extensive bandwidth provided by the Total Access 5000, Marne Elk Horn is delivering Fiber-to-the-Home (FTTH) services capable of supporting a range of in-demand services such as IPTV, high-speed internet and high-definition video. Marne Elk Horn Telephone is now able to profitably provide next generation services and make a difference in their local community. A key benefactor of the new speed is the local school districts, which now have access to the high-speed, ultra broadband service needed to implement a 1:1 student laptop program, as well as enhance in-class learning opportunities with the availability of IPTV in every classroom.

Sycamore Telephone Company and ADTRAN Inc. Deliver Northern Ohio's Most Advanced Broadband Network

ADTRAN Inc. announced that its Total Access broadband portfolio is providing the infrastructure foundation for Sycamore Telephone Company's (STC) $4.1 million Fiber-to-the-Home (FTTH) broadband upgrade. With the Broadband Stimulus funded project, Sycamore Telephone is offering cutting edge communication and entertainment services to 4,200 rural residents, 450 local business and 14 community anchor institutions in the area. ADTRAN's innovative FTTH solutions provide Sycamore with the maximum operational flexibility, leading service density and virtually unlimited network bandwidth. As a result, Sycamore has deployed the most modern next generation network in the area, outpacing nearby, larger cities, in Northern Ohio.

ADTRAN Inc. Reports Unaudited Consolidated Earnings Results for the First Quarter Ended March 31, 2013; Declares Quarterly Cash Dividend for the First Quarter of 2013 Payable on May 9, 2013

ADTRAN Inc. reported unaudited consolidated earnings results for the first quarter ended March 31, 2013. For the quarter, sales were $143,013,000 compared to $134,735,000 for the first quarter of 2012. Operating income was $6,563,000 compared to $16,181,000 for the first quarter of 2012. Net income was $7,890,000 for the quarter compared to $12,960,000 for the first quarter of 2012. Income before provision for income taxes was $9,723,000 compared to $20,062,000 for the first quarter of 2012. Earnings per share, assuming dilution, were $0.13 for the quarter compared to $0.20 for the first quarter of 2012. Non-GAAP earnings per share for the quarter were $0.17 compared to $0.25 for the first quarter of 2012. Net cash provided by operating activities was $26,248,000 compared to $24,535,000 for the first quarter of 2012. Purchases of property, plant and equipment was $735,000 compared to $4,086,000 for the first quarter of 2012. The company also announced that its Board of Directors declared a cash dividend for the first quarter of 2013. The quarterly cash dividend is $0.09 per common share to be paid to holders of record at the close of business on April 25, 2013. The ex-dividend date is April 23, 2013 and the payment date is May 9, 2013.

 

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ADTN

Industry Average

Valuation ADTN Industry Range
Price/Earnings 33.3x
Price/Sales 2.2x
Price/Book 2.0x
Price/Cash Flow 31.3x
TEV/Sales 1.6x
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