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Infinera Q1 Adj. EPS $(0.270) Misses $(0.180) Estimate, Sales $331.400M Beat $318.310M Estimate

Infinera (NASDAQ:INFN) reported quarterly losses of $(0.270) per share which missed the analyst consensus estimate of $(0.180) by 50 percent. This is a 17.39 percent decrease over losses of $(0.230) per share from the

Benzinga · 05/12/2020 20:04

Infinera (NASDAQ:INFN) reported quarterly losses of $(0.270) per share which missed the analyst consensus estimate of $(0.180) by 50 percent. This is a 17.39 percent decrease over losses of $(0.230) per share from the same period last year. The company reported quarterly sales of $331.400 million which beat the analyst consensus estimate of $318.310 million by 4.11 percent. This is a 12.11 percent increase over sales of $295.612 million the same period last year.