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Infinera Q2 results better than forecast, revenues up 18%

Wednesday 8 August 2018 | 10:11 CET | News
Infinera reported better-than-expected results for the second quarter. The company's net loss narrowed to USD 0.14 per share from USD 0.29 a year earlier, and the operating margin was negative 10.4 percent, versus a forecast for negative 13 percent. Revenues jumped 18 percent to USD 208.2 million, in line with the company's outlook, and the gross margin rose to 40.5 percent from 36.7 a year ago. 

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Categories: Fixed
Companies: Coriant / Infinera
Countries: World
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