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Infinera improves revenues, narrows loss in Q4, but sees lower Q1

Wednesday 26 February 2020 | 09:30 CET | News
Infinera improved revenues and narrowed its net loss in its fourth quarter to 28 December, and achieved its goal of adjusted operating profitability. CEO Tom Fallon said the positive results were achieved as the company completed its integration tasks and doubled its synergy saving commitments for the year. The numbers were helped in general by a growing backlog and customer base, boosted by ten Tier 1 customer wins, and continued progress in building its pipeline. In the year, the company announced DRX wins and the introduction of XR optics. It will now focus on bringing 800G products to

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Categories: Fixed
Companies: Infinera
Countries: World
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