ADTRAN (ADTN) Stock: Why The Price Increased

By Amit Chowdhry ● Feb 4, 2022
  • The stock price of ADTRAN, Inc. (NASDAQ: ADTN) increased by 6.08% in the most recent trading session. This is why it happened.

The stock price of ADTRAN, Inc. (NASDAQ: ADTN) increased by 6.08% in the most recent trading session. Investors are responding positively to the company’s Q4 earnings results.

The company reported Q4 earnings of $0.10 per share, which was $0.12 better than the consensus of ($0.02). And revenues increased 18.5% year-over-year to $154.2 million compared to the consensus of $140.76 million.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.