Infinera (INFN) Tops Q3 EPS by 5c
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Infinera Corporation Reports Third Quarter 2016 Financial Results
October 26, 2016 4:16 PM EDTSUNNYVALE, CA -- (Marketwired) -- 10/26/16 -- Infinera Corporation (NASDAQ: INFN), provider of Intelligent Transport Networks, today released financial results for the third quarter of 2016 ended September 24, 2016.
GAAP revenue for the quarter was $185.5 million compared to $258.8 million in the second quarter of 2016 and $232.5 million in the third quarter of 2015.
GAAP gross margin for the quarter was 45.6% compared to 47.8% in the second quarter of 2016 and 44.2% in the third quarter of 2015. GAAP operating margin for the quarter was (5.9)% compared to 6.2% in the second quarter of 2016 and 6.1% in the third quarter of 2015.
GAAP net loss for... More
