06.03.2024 22:46:30 - dpa-AFX: Infinera Reports Preliminary Q4 Earnings Lesser Than View
WASHINGTON (dpa-AFX) - Infinera Corp. (INFN), Wednesday announced its
preliminary earnings report for the fourth quarter.
The company expect earnings ranging from $0.02 loss per share to $0.04 profit
per share, whereas analysts polled by Thomson Reuters expect profit of $0.09 per
share.
On an adjusted basis, the company projects profit between $0.07 and $0.13 per
share.
Revenue is expected to be between $435 million to $452 million.
Looking ahead, Infinera expects a loss of $0.17 to $0.25 a share, and revenue of
$320 million to $350 million for the next quarter.
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