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Adtran reports Q2 EPS (24c), consensus (9c)

Reports Q2 revenue $225.99M, consensus $225.87M. Chairman and Chief Executive Officer Tom Stanton stated, “We had a solid second quarter, during which we saw improvements across all our major operating metrics, including profitability and working capital. During the quarter, we saw growth in our customer base across the U.S. and Europe as customers continue to adopt our latest fiber networking solutions”.

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