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Infinera Corporation stock price
Infinera Corporation latest news:
Infinera Jumps 17% After Q4 Tops Expectations
Infinera(INFN) soared 17% after the company said Q4 GAAP sales rose to $195.8 million from $181.0 million in the year-ago period and topped the CapIQ mean for $190.3 million. GAAP net loss per share widened to $0.50 from a quarter loss last year and was wider than expectations for a $0.28 GAAP loss. Non-GAAP loss per share was flat at $0.12 from a year ago and topped forecasts by a penny.
BRIEF-Infinera Reports Q4 Non-GAAP Loss Per Share $0.12
* ORATION REPORTS FOURTH QUARTER AND FISCAL YEAR 2017