Benzinga | Feb 23, 2021 04:04PM EST

Infinera Q4 Adj. EPS $0.13 May Not Compare To $0.02 Estimate, Sales $353.50M Miss $356.79M Estimate

Infinera (NASDAQ:INFN) reported quarterly earnings of $0.13 per share which beat the analyst consensus estimate of $0.02 by 550 percent. This is a 333.33 percent increase over earnings of $0.03 per share from the same period last year. The company reported quarterly sales of $353.50 million which missed the analyst consensus estimate of $356.79 million by 0.92 percent. This is a 8.53 percent decrease over sales of $386.46 million the same period last year.