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Infinera Corp. Q1 adjusted earnings of -$0.03 per share

May 04, 2021 — 04:54 pm EDT

Written by RTTNews.com for RTTNews->

(RTTNews) - Below are the earnings highlights for Infinera Corp. (INFN):

-Earnings: -$48.32 million in Q1 vs. -$99.27 million in the same period last year. -EPS: -$0.24 in Q1 vs. -$0.55 in the same period last year. -Excluding items, Infinera Corp. reported adjusted earnings of -$5.47 million or -$0.03 per share for the period. -Revenue: $330.91 million in Q1 vs. $330.27 million in the same period last year.

-Guidance: Next quarter revenue guidance: $355 - $335 Mln

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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