Infinera Corporation Reports Third Quarter 2018 Financial Results

Go back to Infinera Corporation Reports Third Quarter 2018 Financial Results

Infinera Corp. (INFN) PT Lowered to $9 at Needham & Company

November 7, 2018 8:49 AM EST

Needham & Company analyst Alex Henderson lowered the price target on Infinera Corp. (NASDAQ: INFN) to $9.00 (from $14.00) while maintaining a Strong Buy rating.

Henderson commented, "It appears that the crush associated with merging two companies is causing duress and Infinera is offering a lower... More

Infinera Corp. (INFN) PT Lowered to $4.25 at MKM Partners

November 7, 2018 8:48 AM EST

MKM Partners analyst Michael Genovese lowered the price target on Infinera Corp. (NASDAQ: INFN) to $4.25 (from $5.50) while maintaining a Sell rating.

... More

Infinera (INFN) Reports In-Line Q3 EPS, Q4 Guidance Misses Views

November 6, 2018 4:07 PM EST

Infinera (NASDAQ: INFN) reported Q3 EPS of ($0.04), in-line with the analyst estimate of ($0.04). Revenue for the quarter came in at $200.4 million versus the consensus estimate of $209.9 million.

GUIDANCE:

Infinera sees Q4 2018 EPS of ($0.28), versus the consensus of ($0.17). Infinera sees Q4 2018... More