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.
Click here to receive FREE breaking news email alerts for ADTRAN Inc. and others in your portfolio
by RTT Staff Writer
For comments and feedback: firstname.lastname@example.org