Benzinga | Aug 5, 2020 04:28PM EDT

Infinera Q2 EPS $(0.09) Beats $(0.14) Estimate, Sales $331.59M Beat $319.24M Estimate

Infinera (NASDAQ:INFN) reported quarterly losses of $(0.09) per share which beat the analyst consensus estimate of $(0.14) by 35.71 percent. This is a 62.5 percent increase over losses of $(0.24) per share from the same period last year. The company reported quarterly sales of $331.59 million which beat the analyst consensus estimate of $319.24 million by 3.87 percent. This is a 8.05 percent increase over sales of $306.88 million the same period last year.