Adtran Stock Drops Nearly 14% Amid Revised Revenue Guidance

Adtran (ADTN) shares fell nearly 14% on Wednesday after the telecom equipment provider cut its second-quarter revenue forecast. The company cited a client project delay and rising component costs as reasons for the downward revision, which disappointed investors.

By Eric Volkman · Motley Fool ·

Adtran Stock Drops Nearly 14% Amid Revised Revenue Guidance

Tickers: $ADTN

Topics: guidance stock_drop telecom

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