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November 3, 1997updated 03 Sep 2016 7:12pm

ADC PROJECTS SOLID REVENUE GROWTH FOR Q4 AND YEAR

By CBR Staff Writer

ADC Telecommunications Inc, Minneapolis-based provider of networking hardware for the telecommunications industry has announced estimated results for its fourth quarter, which ended October 31. The company figures to report revenue of approximately $335m for the quarter, a 31% increase year-over- year. First Call is expecting earnings per share for the quarter of $0.28, although no estimates for earnings were provided by the company. For the year, revenues will be roughly $1.16bn, up 41% over last year. ADC will report final results during the second week of December.

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