Late Tuesday, ADTRAN, Inc. (NASDAQ: ADTN) reported Q4 EPS of $0.21, $0.10 better than the analyst estimate of $0.11. Revenue for the quarter came in at $162.99 million versus the consensus estimate of $151.7 million.

ADTRAN Chief Executive Officer Tom Stanton stated, “Our revenue and EPS performance for the quarter exceeded expectations with total revenue increasing 17% over the same period last year. The solid fourth quarter and full year performance was a result of strong growth in our domestic business, driven by our leading market positions in CAF II and ultra-broadband solutions, continued growth in our services business, and the rebound of our international business. Our services and international businesses grew 55% and 46% respectively over the same period last year. Global demand for broadband continued to grow as we bolstered our market positions in the U.S and Europe. We continue to be encouraged by the positive momentum we are experiencing as service providers seek transformation to grow revenue, reduce costs, and accelerate service delivery and deployment.”

For earnings history and earnings-related data on ADTRAN, Inc. (ADTN) click here.