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Adtran Inc lowers Q1 2014 revenue outlook; gives Q1 2014 EPS outlook above analysts' estimates; gives Q2 2014 revenue outlook in line with analysts' estimates


Wednesday, 2 Apr 2014 09:42pm EDT 

Adtran Inc:Revises Q1 2014 revenue and earnings estimates.Expects Q1 2014 revenue to range from $146.0-$147.0 mln.Expects Q1 2014 Non-GAAP earnings per share to range from $0.20 to $0.21.Non-GAAP earnings per share exclude the effect of acquisition related expenses, amortizations and adjustments, and stock compensation expense.Expects Q2 2014 revenue to be in the range of $172-$180 mln.Q1 2014 revenue of $155.9 mln, EPS of $0.14 - Thomson Reuters I/B/E/S.Q2 2014 revenue of $176 mln - Thomson Reuters I/B/E/S. 

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