Infinera beats top-line and bottom-line estimates; suspends guidance
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 28 2025
0mins
Source: SeekingAlpha
Infinera's Financial Performance: Infinera reported a Q4 Non-GAAP EPS of $0.03, exceeding expectations by $0.02, with revenue of $414.4M, which is an 8.6% decrease year-over-year but beats estimates by $60.72M. The non-GAAP operating margin improved to 5.4% from 3.5% in the previous quarter.
Acquisition Update: Infinera will not provide financial guidance during the acquisition process with Nokia, which is expected to close on February 28, and has received European approval for the sale.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
