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Infinera Q2 loss widens, sees return to positive cash flow in Q4

Thursday 8 August 2019 | 11:13 CET | News
Infinera reported sales of USD 296.3 million in the three months to end-June, up 42 percent from USD 208.2 million in the same period a year earlier. The company's operating loss widened to USD 103.4 million from USD 21.6 million a year earlier, but Infinera said synergies from its purchase of Coriant are ahead of expectations and that it expects a return to non-GAAP profitability and positive cash flow in the fourth quarter of 2019.

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Categories: Fixed
Companies: Infinera
Countries: World
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