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Broadband

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

Tuesday 12 November 2019 | 15:17 CET | News
Infinera reported better revenues and but a wider loss in the third quarter to 28 September, helped by a growing backlog. The company completed the integration of Coriant and is on track to deliver double its synergy savings commitments this fiscal year and return to positive adjusted operating profitability and cash flow in the fourth quarter. CEO Tom Fallon noted the company enhanced its innovation pipeline with DRX wins and the successful launch of XR optics and it confident it will deliver 800G products to the market next year.

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Categories: Fixed
Companies: Coriant / Infinera
Countries: World
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