Adtran reports Q2 EPS 0c, consensus 0c

Reports Q2 revenue $327.38M, consensus $329.4M. The company also announced that its Board of Directors declared a cash dividend for the second quarter of 2023. The quarterly cash dividend of 9c per common share is to be paid to the company’s stockholders of record as of the close of business on August 21, 2023. The ex-dividend date is August 20, 2023, and the payment date will be September 5, 2023.