Infinera (INFN) Tops Q1 EPS by 4c; misses on guidance

Infinera (NASDAQ: INFN) reported Q1 EPS of $0.02, $0.04 better than the analyst estimate of ($0.02). Revenue for the quarter came in at $392.1 million versus the consensus estimate of $381.4 million.

GUIDANCE:

Infinera sees Q2 2023 EPS of ($0.03)-$0.05, versus the consensus of $0.02. Infinera sees Q2 2023 revenue of $355-395 million, versus the consensus of $400.5 million.

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

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