ADTRAN Inc. (ADTN) reported second quarter net income of $0.56 per share after the close Tuesday, up from $0.44 per share last year. The consensus estimate was for EPS of $0.53.
ADTRAN Inc. traded to the downside until around 1:00PM Wednesday and closed lower by 4.02 at $36.11, with volume at a 9-month high. The stock dropped to a 6-month low and fell below its 200-day moving average.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.