Benzinga | May 6, 2021 09:33AM EDT

Adtran Late Wednesday Reported Q1 EPS $0.13 Beats $0.04 Estimate, Sales $127.55M Beat $126.30M Estimate

Adtran (NASDAQ:ADTN) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.04 by 225 percent. This is a 360 percent increase over losses of $(0.05) per share from the same period last year. The company reported quarterly sales of $127.55 million which beat the analyst consensus estimate of $126.30 million by 0.99 percent. This is a 11.38 percent increase over sales of $114.52 million the same period last year.