Infinera (INFN) Reports Q2 Loss, Tops Revenue Estimates
INFNInfinera(INFN) ZACKS·2024-08-03 06:15

Infinera (INFN) came out with a quarterly loss of 0.06pershareversustheZacksConsensusEstimateofalossof0.06 per share versus the Zacks Consensus Estimate of a loss of 0.09. This compares to break-even earnings per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 33.33%. A quarter ago, it was expected that this communications equipment maker would post a loss of 0.11persharewhenitactuallyproducedalossof0.11 per share when it actually produced a loss of 0.17, delivering a surprise of -54.55%.Over the last four quarters, t ...