Investing.com - Infinera (NASDAQ: INFN) reported first quarter EPS of $-0.170, $0.04 worse than the analyst estimate of $-0.130. Revenue for the quarter came in at $306.92M versus the consensus estimate of $336.12M.
Guidance
Infinera sees Q2 2024 EPS of $-0.130-$-0.050 versus the analyst consensus of $0.000.
Infinera sees Q2 2024 revenue of $310.000M-$350.000M versus the analyst consensus of $373.400M.
Infinera's stock price closed at $5.80. It is up 13.500% in the last 3 months and up 17.650% in the last 12 months.
Infinera saw 2 positive EPS revisions and 0 negative EPS revisions in the last 90 days. See Infinera's stock price’s past reactions to earnings here.
According to InvestingPro, Infinera's Financial Health score is "fair performance".
Check out Infinera's recent earnings performance, and Infinera's financials here.
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