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Infinera sees wider loss ahead after broadly in-line Q3

Wednesday 7 November 2018 | 09:42 CET | News
Infinera reported third quarter results in line with expectations, minus the net loss which went a bit deeper than forecast. Looking forward, the company sees higher revenues but a wider loss, pulled down by still lower margins. The company said previously that new customer footprint deployments in the quarter would up revenues but carry lower margins initially.

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Categories: Fixed
Companies: Infinera
Countries: World
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