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 has been climbing for the bulk of early trade Wednesday and is now up 1.54 at $30.01. Volume has begun to increase in the last 10 minutes. The stock has rebounded off of support, following a week and a half long decline.
by RTT Staff Writer
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