04:41 PM EDT, 05/13/2024 (MT Newswires) -- Infinera ( INFN ) reported Q4 non-GAAP earnings late Monday of $0.12 per diluted share, down from $0.16 a year earlier.
Analysts surveyed by Capital IQ expected $0.10.
Revenue in the quarter ended Dec. 30 fell to $453.5 million from $485.9 million a year earlier.
Analysts surveyed by Capital IQ expected $440 million.
Shares of the company rose 6.6% in after-hours trading.
Price: 5.34, Change: +0.33, Percent Change: +6.59