Smart Solutions for a Connected World
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Type
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Public |
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Traded as | NASDAQ: ADTN S&P 600 Component |
Industry | Communication Equipment |
Founded | 1985 |
Headquarters | Huntsville, Alabama, USA |
Key people
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Tom Stanton CEO |
Revenue | US$630 Million (FY 2014) |
Operating income
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US$52.1 Million (FY 2014) |
Net income
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US$44.6 Million (FY 2014) |
Total assets | US$446 Million (FY 2012) |
Total equity | US$692 Million (FY 2012) |
Number of employees
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2045 |
Website | www.adtran.com |
ADTRAN, Inc. is a provider of telecommunications networking equipment and internetworking products. Its headquarters are in Huntsville, Alabama.
The company is ISO 9001 and TL9000 certified. ADTRAN was a NASDAQ-100 Index stock from 1996 to 1998. It was #85 on BusinessWeek's 100 "Hot Growth Companies" list in 2006.
ADTRAN was founded by Mark C. Smith and Lonnie McMillian, and began operations in 1986. The AT&T divestiture of the Regional Bell Operating Companies (RBOCs), with restrictions that effectively barred their manufacturing of equipment, created an opportunity for companies such as ADTRAN to supply network equipment, both to the seven RBOCs and the new and independent telephone companies in the United States.
ADTRAN adapted telephony technology for use in enterprise-wide area networks. ADTRAN has become a supplier of local loop access and deployment products for fiber, DS3, T1/E1, wireless T1/E1, Digital Subscriber Line (HDSL, HDSL2, HDSL4, SDSL, SHDSL), Frame Relay, Asynchronous Transfer Mode (ATM), Integrated Services Digital Network (ISDN), and Digital Data Service (DDS) digital services. ADTRAN supplies multi-service access platforms and Integrated Access Devices (IADs) for converged voice and data networks.
According to Computer Business Review, ADTRAN enhanced its portfolio of carrier ethernet products with the addition of three new multi-service modular routers supporting a services-enabled sustained throughput of up to 250Mbit/s.
In December 2011 ADTRAN announced a plan to buy the Broadband part from Nokia Siemens Networks. In 2012 ADTRAN’s closing of acquisition of the Nokia Siemens Networks Broadband division was finished.
ADTRAN's U.S. corporate headquarters is located in Huntsville, Alabama, in the second largest research park in the United States. ADTRAN's European Regional Headquarters is in Munich, Germany. ADTRAN has engineering research and development centers in:
Sales and support offices are located throughout the U.S. and around the world.
Competitors of ADTRAN's Carrier Networks Division include Alcatel Lucent (presently Nokia), Cisco Systems, Fujitsu, Huawei, and Tellabs. There are also a number of smaller, specialized firms with which compete with ADTRAN, such as Actelis, Calix, Zhone, and other privately held firms.
Competitors of ADTRAN's Enterprise Networks Division include Cisco Systems, Avaya, Nokia, Hewlett Packard, Enterasys Networks, Extreme Networks, Aruba, Aerohive, Meraki, and other smaller companies. Some of these companies compete in a single product segment while others compete across multiple product lines.
Period | Date | Adjusted Actuals EPS | GAAP EPS |
---|---|---|---|
Q3 2022 | 2022-10-31 | Future report Set alerts | |
Q2 2022 | 2022-08-04 | 0.19 | 0.19 |
Q1 2022 | 2022-05-04 | 0.20 | 0.20 |
Q4 2021 | 2022-02-02 | 0.10 | 0.10 |
Q3 2021 | 2021-11-01 | -0.02 | -0.02 |
Q2 2021 | 2021-08-04 | 0.16 | 0.16 |
Q1 2021 | 2021-05-05 | 0.13 | 0.13 |
Q4 2020 | 2021-02-03 | 0.11 | 0.11 |
Q3 2020 | 2020-11-02 | 0.16 | 0.16 |
Q2 2020 | 2020-08-05 | 0.04 | 0.04 |
2016-04-18 | Downgrade | Goldman Sachs | Neutral to Sell | $18.00 to $17.00 |
2016-04-18 | Downgrade | Goldman Sachs Group Inc. | Neutral to Sell | $18.00 to $17.00 |
2016-04-14 | Reiterated Rating | Needham & Company LLC | Buy | $21.00 to $22.00 |
2016-04-14 | Boost Price Target | Stifel Nicolaus | Buy | $21.00 to $25.00 |
2016-04-14 | Boost Price Target | MKM Partners | Buy | $23.00 to $24.00 |
2016-04-13 | Downgrade | Northland Securities | Outperform to Market Perform | $20.00 |
2016-03-31 | Reiterated Rating | MKM Partners | Buy | |
2016-03-28 | Boost Price Target | Needham & Company LLC | Buy to Buy | $30.00 to $32.00 |
2016-03-28 | Boost Price Target | MKM Partners | Neutral | $22.00 to $24.00 |
2016-03-28 | Boost Price Target | Jefferies Group | Underperform | $19.00 to $23.00 |
2016-03-28 | Boost Price Target | Cowen and Company | Underperform | $18.00 to $23.00 |
2016-02-04 | Upgrade | Cowen and Company | Underperform to Market Perform | |
2016-01-21 | Boost Price Target | Jefferies Group | Hold | $14.50 to $15.50 |
2016-01-21 | Upgrade | Needham & Company LLC | Hold to Buy | $21.00 |
2016-01-15 | Upgrade | Drexel Hamilton | Hold to Buy | $22.00 |
2016-01-08 | Upgrade | Stifel Nicolaus | Hold to Buy | $21.00 to $21.00 |
2016-01-07 | Upgrade | M Partners | Neutral to Buy | |
2016-01-07 | Upgrade | MKM Partners | Neutral to Buy | $16.00 to $21.00 |
2015-12-17 | Upgrade | JPMorgan Chase & Co. | Neutral to Overweight | $22.50 |
2015-10-15 | Lower Price Target | MKM Partners | Neutral | $16.50 to $16.00 |
2015-10-15 | Reiterated Rating | Jefferies Group | Hold | $16.75 to $14.50 |
2015-10-02 | Lower Price Target | MKM Partners | Neutral | $18.00 to $16.50 |
2015-09-30 | Initiated Coverage | Northland Securities | Outperform | $20.00 |
2015-09-09 | Initiated Coverage | Drexel Hamilton | Hold | |
2015-04-23 | Lower Price Target | JPMorgan Chase & Co. | Neutral | $20.00 to $16.50 |
2015-04-23 | Downgrade | Needham & Company LLC | Buy to Hold | $25.00 |
2015-04-23 | Downgrade | Goldman Sachs | Buy to Neutral | $26.00 to $18.00 |
2015-04-22 | Lower Price Target | MKM Partners | Neutral | $18.50 to $17.50 |
2015-04-13 | Lower Price Target | MKM Partners | Neutral | $24.00 to $18.50 |
2015-04-06 | Upgrade | Jefferies Group | Underperform to Hold | $16.25 to $17.75 |
2015-01-22 | Reiterated Rating | Needham & Company LLC | Buy | $23.00 to $25.00 |
2014-10-16 | Reiterated | UBS | Neutral | $24 to $21 |
2014-10-08 | Upgrade | Goldman Sachs | Neutral to Buy | $23.00 to $25.00 |
2014-10-06 | Reiterated | Needham | Buy | $28 to $23 |
2014-10-06 | Lower Price Target | Needham & Company LLC | Buy | $28.00 to $23.00 |
2014-10-03 | Lower Price Target | MKM Partners | Neutral | $25.00 to $23.00 |
2014-10-03 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $22.50 to $20.00 |
2014-07-17 | Reiterated | UBS | Neutral | $24.50 to $24 |
2014-07-17 | Lower Price Target | MKM Partners | Neutral | $26.00 to $25.00 |
2014-07-17 | Lower Price Target | Needham & Company LLC | Buy | $30.00 to $28.00 |
2014-07-08 | Reiterated Rating | MKM Partners | $26.00 | |
2014-04-17 | Lower Price Target | MKM Partners | Sell | $29.00 to $26.00 |
2014-04-17 | Reiterated Rating | Jefferies Group | Underperform | $19.00 |
2014-04-17 | Reiterated Rating | JPMorgan Chase & Co. | Neutral | $22.50 |
2014-04-03 | Boost Price Target | MKM Partners | Neutral | $27.00 to $29.00 |
2014-04-03 | Lower Price Target | Goldman Sachs | Neutral | $28.00 |
2014-01-31 | Downgrade | Goldman Sachs | Buy to Neutral | $30.00 |
2014-01-23 | Boost Price Target | MKM Partners | Neutral | $24.00 to $27.00 |
2013-10-10 | Lower Price Target | Goldman Sachs | Buy | $30.00 to $27.00 |
2013-10-10 | Boost Price Target | Cowen and Company | Underperform | $16.00 to $18.00 |
2013-10-10 | Upgrade | Needham & Company LLC | Hold to Buy | $30.00 |
2013-09-12 | Reiterated | MKM Partners | Neutral | $22 to $24 |
2013-07-11 | Upgrade | MKM Partners | Sell to Neutral | $18 to $22 |
2013-07-11 | Reiterated | UBS | Sell | $19 to $18 |
2013-04-11 | Reiterated | UBS | Sell | $17 to $19 |
2013-04-11 | Reiterated | Mizuho | Neutral | $18 to $20 |
2013-03-18 | Downgrade | Mizuho | Buy to Neutral | $26 to $18 |
2013-01-17 | Reiterated | Mizuho | Buy | $22 to $26 |
2013-01-17 | Reiterated | Barclays | Underweight | $13 to $18 |
2013-01-17 | Downgrade | UBS | Neutral to Sell | |
2012-11-08 | Upgrade | Mizuho | Underperform to Buy | $10 to $22 |
2012-10-11 | Reiterated | Mizuho | Underperform | $17 to $10 |
2012-10-05 | Downgrade | Barclays | Equal Weight to Underweight | $18 to $13 |
2012-10-01 | Downgrade | Argus | Buy to Hold | |
2012-09-07 | Reiterated | Mizuho | Underperform | $20 to $18 |
2012-07-12 | Reiterated | UBS | Buy | $35 to $28 |
2012-07-12 | Downgrade | Stifel Nicolaus | Buy to Hold | |
2012-07-12 | Downgrade | MKM Partners | Neutral to Sell | |
2012-07-12 | Downgrade | Mizuho | Neutral to Underperform | $30 to $20 |
2012-07-12 | Downgrade | Capstone Investments | Buy to Hold | $38 to $26 |
2016-04-18 | Downgrade | Goldman Sachs | Neutral to Sell | $18.00 to $17.00 |
2016-04-18 | Downgrade | Goldman Sachs Group Inc. | Neutral to Sell | $18.00 to $17.00 |
2016-04-14 | Reiterated Rating | Needham & Company LLC | Buy | $21.00 to $22.00 |
2016-04-14 | Boost Price Target | Stifel Nicolaus | Buy | $21.00 to $25.00 |
2016-04-14 | Boost Price Target | MKM Partners | Buy | $23.00 to $24.00 |
There is presents forecasts of rating agencies and recommendations for investors about this ticker
In ADTN 160 funds of 2213 total. Show all
Fund name | Ticker shares |
---|---|
BlackRock Inc. | 11.57M |
Vanguard Group, Inc | 7.54M |
BlackRock Fund Advisors | 3.87M |
DnB Asset Management AS | 2.80M |
STATE STREET CORP | 2.33M |
DIMENSIONAL FUND ADVISORS LP | 2.18M |
FULLER & THALER ASSET MANAGEMENT, INC. | 2.02M |
WESTWOOD HOLDINGS GROUP INC | 2.02M |
BERNZOTT CAPITAL ADVISORS | 1.38M |
RUSSELL FRANK CO/ | 1.37M |
BlackRock Institutional Trust Company, N.A. | 1.25M |
GEODE CAPITAL MANAGEMENT, LLC | 1.24M |
Hood River Capital Management LLC | 1.08M |
Harvey Partners, LLC | 0.96M |
RENAISSANCE TECHNOLOGIES LLC | 0.95M |
Name Relationship | Total Shares | Holding stocks |
---|---|---|
STANTON THOMAS R CEO | 0.26% (142014) | ADTN / BXS / |
NORTH JAMES L | 0.17% (91785) | ADTN / |
MARKS WILLIAM L | 0.09% (48426) | ADTN / CNL / |
NICHOLS ROY J | 0.06% (33910) | ADTN / |
Nair Balan | 0.04% (24410) | ADTN / CHTR / LBTYA / |
HUSS H FENWICK | 0.04% (19383) | ADTN / |
Walker Kathryn A | 0.03% (16333) | ADTN / |
Shannon Roger D Sr VP Finance and CFO | 0.02% (13435) | ADTN / PRSS / |
Heering Kevin P. Sr VP Quality & Administration | 0.02% (12017) | ADTN / |
Wilson James Denson Jr Sr VP and GM, Carrier Networks | 0.02% (11815) | ADTN / |
Foliano Michael Sr VP, Global Operations | 0.02% (9136) | ADTN / |
Scheiterer Eduard Sr VP & Managing Director | 0.01% (8154) | ADTN / |
McCray Gregory James | 0.01% (6873) | ADTN / CTL / |
Melone Anthony J. | 0.01% (6323) | ADTN / CCI / VZ / |
Jacqueline Hourigan Rice | 0.01% (6322) | ADTN / TGT / |
Marsh Charles E. Sr VP Sales | 0.01% (3280) | ADTN / |