ADTRAN Inc. (ADTN: Quote) reported first quarter adjusted EPS of $0.25 after the bell Tuesday, down from $0.55 in the previous year. The consensus estimate was for EPS of $0.20.
ADTRAN rose steadily until mid-morning Wednesday, before settling into a range. The stock ended the session higher by 2.26 at $30.73 on above average volume. ADTRAN rebounded off of support, following over a one-week decline.
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org