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Infinera Posts Q2 Non-GAAP Loss, Lower Revenue
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Infinera Posts Q2 Non-GAAP Loss, Lower Revenue
Aug 2, 2024 1:56 PM

04:30 PM EDT, 08/02/2024 (MT Newswires) -- Infinera ( INFN ) reported a Q2 non-GAAP net loss late Friday of $0.06 per diluted share, compared with a break-even a year earlier.

Analysts polled by Capital IQ expected a loss of $0.08.

Revenue in the quarter ended June 29 fell to $342.7 million from $376.2 million a year earlier. Analysts expected $331.7 million.

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