Infinera Corporation Reports First Quarter 2019 Financial Results

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Infinera (INFN) Tops Q1 EPS by 4c, Q2 Guidance Misses

May 8, 2019 4:15 PM EDT

Infinera (NASDAQ: INFN) reported Q1 EPS of ($0.23), $0.04 better than the analyst estimate of ($0.27). Revenue for the quarter came in at $295.6 million versus the consensus estimate of $310.97 million.

GUIDANCE:

Infinera sees Q2 2019 EPS of ($0.28) at mid-point, versus the consensus of ($0.17).... More