ADTRAN Inc. (ADTN) reported first quarter non-GAAP EPS of $0.17 Wednesday morning, down from $0.25 in the prior year period. The consensus estimate was for EPS of $0.08. The company also declared a cash dividend for the first quarter of 2013 of $0.09 per common share.
ADTRAN gapped open sharply higher Wednesday and is now up 1.81 at $21.52. The stock has jumped to over a 5-week high and has re-crossed both its 50 and 200-day moving averages.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.