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Actionable news in INFN: Infinera Corporation,

Infinera up 10.4% following Q3 beat, strong Q4 guidance

In addition to beating Q3 estimates, Infinera (NASDAQ:INFN) has guided on its earnings call for Q4 revenue of $258M (+/- $5M) and EPS of $0.21 (+/- $0.02), favorable to a consensus of $250M and $0.19.

Gross margin is expected to be at 47% (+/- 100 bps) after coming in at 47.5%...


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