Adtran sees q3 loss of about $0.96/shr

Adtran, inc. announces preliminary third quarter 2019 revenue and earnings estimates.qtrly earnings per share, assuming dilution, is expected to be a loss of about $0.96.non-gaap earnings per share for quarter, assuming dilution, is expected to be a loss of approximately $0.06.earnings per share is expected to be affected by a one-time, non-cash, valuation allowance of approximately $37 million.our current expectation for revenue for q4 of 2019, is that it will be flat to slightly down from q3.says plan for our non-gaap operating expenses during q4 to be approximately 10% below our q2 non-gaap expense rate.revenue for quarter is expected to be approximately $114 million.
ADTN Ratings Summary
ADTN Quant Ranking