04:36 PM EST, 03/06/2024 (MT Newswires) -- Infinera ( INFN ) said late Wednesday that its Q4 preliminary non-GAAP net income per diluted share is expected to be between $0.07 and $0.13.

Analysts polled by Capital IQ expect $0.10.

Preliminary revenue for the quarter ended Dec. 30 is expected to be between $435 million and $452 million, the company said.

Analysts surveyed by Capital IQ expected $439.7 million.

The company said it expects a Q1 non-GAAP net loss per diluted share between $0.18 and $0.10 and revenue between $320 million and $350 million.

Analysts polled by Capital IQ expect normalized EPS of $0.02 and revenue of $378.9 million.

Infinera ( INFN ) shares fell more than 3% in after-hours trading.

Price: 5.3, Change: -0.21, Percent Change: -3.81