Infinera (INFN) Tops Q3 EPS by 5c

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Infinera Corporation Reports Third Quarter 2015 Financial Results

October 27, 2015 4:15 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 10/27/15 -- Infinera Corporation (NASDAQ: INFN), provider of Intelligent Transport Networks, today released financial results for the third quarter of 2015 ended September 26, 2015. Infinera's financial results for the third quarter of 2015 include the operating results of Transmode from the date the acquisition closed on August 20, 2015.

GAAP financial results for the quarter were impacted by certain purchase accounting adjustments and one-time acquisition-related costs related to the Transmode acquisition. Additionally, GAAP results include non-cash stock-based compensation expenses and the... More