Infinera (INFN) Tops Q1 EPS by 4c, Q2 Guidance Misses

Infinera (NASDAQ: INFN) reported Q1 EPS of ($0.23), $0.04 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $295.6 million versus the consensus estimate of $310.97 million.

GUIDANCE:

Infinera sees Q2 2019 EPS of ($0.28) at mid-point, versus the consensus of ($0.17). Infinera sees Q2 2019 revenue of $298 million at midpoint, versus the consensus of $336.81 million.

For earnings history and earnings-related data on Infinera (INFN) click here.

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