Benzinga | Nov 5, 2020 04:31PM EST

Infinera Q3 EPS $0.02 Beats $(0.06) Estimate, Sales $340.20M Beat $335.91M Estimate

Infinera (NASDAQ:INFN) reported quarterly earnings of $0.02 per share which beat the analyst consensus estimate of $(0.06) by 133.33 percent. This is a 111.76 percent increase over losses of $(0.17) per share from the same period last year. The company reported quarterly sales of $340.20 million which beat the analyst consensus estimate of $335.91 million by 1.28 percent. This is a 3.83 percent increase over sales of $327.65 million the same period last year.