Infinera (INFN) Tops Q1 EPS by 5c

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Infinera Corporation Reports First Quarter 2015 Financial Results

April 21, 2015 4:15 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 04/21/15 -- Infinera Corporation (NASDAQ: INFN), provider of Intelligent Transport Networks, today released financial results for the first quarter of 2015 ended March 28, 2015.

Revenue for the quarter was $186.9 million compared to $186.3 million in the fourth quarter of 2014 and $142.8 million in the first quarter of 2014.

GAAP gross margin for the quarter was 47.2% compared to 45.3% in the fourth quarter of 2014 and 40.9% in the first quarter of 2014. GAAP operating margin for the quarter was 8.1%... More