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 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.