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Here's Why Infinera's Earnings Miss Wasn't as Bad as It Looked

TheMotleyFool

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Here's Why Infinera's Earnings Miss Wasn't as Bad as It Looked

High-speed networking systems specialist Infinera (NASDAQ: INFN) reported first-quarter results on Tuesday, May 12. It posted mixed results, where the bottom line was hamstrung by the early closing of a low-margin contract. That being said, Infinera nearly met Wall Street's bottom-line targets despite these headwinds, and the rest of the year looks good.

Metric

Q1 2020

Source Fool.com

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