ADC announced increased earnings on June 4, 2008. Earnings were $0.39 per share, compared to $0.30 estimates, for the quarter ending May 2nd.
ADC Telecommunication reported Q3 net earnings of $16.6 million, compared to $4.6 million last year. Revenue increased from $343.6 million last year to $346.1 million this year. However, the profit from acquisitions, restructuring, and other charges was 21 cents per share, whereas the analysts were expecting 23 cents per share.