Infinera (INFN) Tops Q2 EPS by 2c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/14/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
Infinera Corporation Reports Second Quarter 2021 Financial Results
August 3, 2021 4:03 PM EDTSAN JOSE, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its second quarter ended June 26, 2021.
GAAP revenue for the quarter was $338.2 million compared to $330.9 million in the first quarter of 2021 and $331.6 million in the second quarter of 2020.
GAAP gross margin for the quarter was 35.6% compared to 35.4% in the first quarter of 2021 and 29.4% in the second quarter of 2020. GAAP operating margin for the quarter was (6.9)% compared to (7.0)% in the first quarter of 2021 and (13.5)% in the second quarter of 2020.
GAAP net loss for the quarter was $(35.6) million, or $(0.17)... More
