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Infinera revenues up to USD 203 mln, net loss diminishes to USD 26 mln in Q1

Thursday 10 May 2018 | 10:05 CET | News
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Infinera, provider of intelligent transport networks, reported revenues for Q1 up to USD 202.7 million compared to USD 175.5 million in the first quarter of 2017. Gross margin for the quarter grew to 40.5 percent compared to 36.5 percent in the first quarter of 2017. Operating margin for the quarter was minus 12.2 percent versus a negative 21.6 percent in the first quarter of 2017. Net loss for the quarter diminished to USD 26.3 million, or USD 0.17 per share, compared to a net loss of USD 40.5 million, or USD 0.28 per share, in the first quarter of 2017.

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Categories: Fixed
Companies: Infinera
Countries: World
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