Infinera (INFN) Tops Q2 EPS by 3c; Says Demand is Softening

FREE Breaking News Alerts from StreetInsider.com!

E-mail Address

StreetInsider.com Top Tickers, 9/17/2026

1. SPY
2. FLNC
3. CRM
4. GNRC
5. CRWV
6. NVDA
7. LMT
8. USO
9. META
10. TLT

Go back to Infinera (INFN) Tops Q2 EPS by 3c; Says Demand is Softening

Infinera Corporation Reports Second Quarter 2016 Financial Results

July 27, 2016 4:15 PM EDT

SUNNYVALE, CA -- (Marketwired) -- 07/27/16 -- Infinera Corporation (NASDAQ: INFN) provider of Intelligent Transport Networks, today released financial results for the second quarter of 2016 ended June 25, 2016.

GAAP revenue for the quarter was $258.8 million compared to $244.8 million in the first quarter of 2016 and $207.3 million in the second quarter of 2015.

GAAP gross margin for the quarter was 47.8% compared to 47.5% in the first quarter of 2016 and 46.7% in the second quarter of 2015. GAAP operating margin for the quarter was 6.2% compared to 6.1% in the first quarter of 2016 and 8.0% in the second quarter of 2015.

GAAP net income... More