Tellabs posts 1Q adjusted profit
Tellabs Inc., a maker of telephone equipment for AT&T Inc., reported a first-quarter adjusted profit of about 5 cents a share excluding stock-compensation costs, double the consensus estimate of 3 cents.
Tellabs Inc., a maker of telephone equipment for AT&T Inc., reported a first-quarter adjusted profit of about 5 cents a share excluding stock-compensation costs, double the consensus estimate of 3 cents.