Benzinga | Aug 3, 2021 04:04PM EDT

Infinera Q2 Adj. EPS $(0.03) Beats $(0.05) Estimate, Non-GAAP Revenue $339.20M Miss $344.87M Estimate

Infinera (NASDAQ:INFN) reported quarterly losses of $(0.03) per share which beat the analyst consensus estimate of $(0.05) by 40 percent. This is a 66.67 percent increase over losses of $(0.09) per share from the same period last year. The company reported quarterly sales of $339.20 million which missed the analyst consensus estimate of $344.87 million by 1.64 percent. This is a 1.97 percent increase over sales of $332.64 million the same period last year.