Here's Why Infinera Stock Is Tanking Today

Here's Why Infinera Stock Is Tanking Today

Shares of Infinera (NASDAQ: INFN) are tanking today, down 16.8% as of 1:13 p.m. EDT, after the provider of optical transmission equipment reported second-quarter earnings.

Here's a review of the key numbers from the second quarter:

While Infinera's quarterly results were mixed, investors appear to be reacting harshly to the company's guidance for the upcoming quarter:

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Source: Fool.com