ADTRAN Q4 sales up YoY

ADTRAN, Inc. (NASDAQ:ADTN) fourth quarter 2016 sales were USD 162.986m compared to USD 139.013m for the fourth quarter of 2015, the company said.

Net income was USD 7.572m compared to USD 5.718m for the fourth quarter of 2015. Earnings per share, assuming dilution, were USD 0.16 compared to USD 0.12 for the fourth quarter of 2015.

Non-GAAP earnings per share were USD 0.21 compared to USD 0.16 for the fourth quarter of 2015. The reconciliation between GAAP earnings per share, diluted, and non-GAAP earnings per share, diluted, is in the table provided.

ADTRAN provides networking and communications equipment. Its products enable voice, data, video and Internet communications across a variety of network infrastructures.