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.



Copyright(c) 2024 RTTNews.com. All Rights Reserved

Copyright RTT News/dpa-AFX
Name WKN Börse Kurs Datum/Zeit Diff. Diff. % Geld Brief Erster Schluss
Infinera Corp A0MSSK NASDAQ 6,125 11.07.24 21:01:46 +0,075 +1,24% 6,120 6,130 6,100 6,050

© 2000-2024 DZ BANK AG. Bitte beachten Sie die Nutzungsbedingungen | Impressum
2024 Infront Financial Technology GmbH