Infinera (INFN) Tops Q4 EPS by 1c

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Infinera Corporation Reports Fourth Quarter and Fiscal Year 2015 Financial Results

February 11, 2016 4:16 PM EST

SUNNYVALE, CA -- (Marketwired) -- 02/11/16 --  Infinera Corporation, provider of Intelligent Transport Networks, today released financial results for the fourth quarter and fiscal year ended December 26, 2015.

GAAP revenue for the quarter was $260.0 million compared to $232.5 million in the third quarter of 2015 and $186.3 million in the fourth quarter of 2014.

GAAP gross margin for the quarter was 44.5% compared to 44.2% in the third quarter of 2015 and 45.3% in the fourth quarter of 2014. GAAP operating margin for the quarter was 5.3% compared to 6.1%... More