Infinera Q2 Sales $376.23M Beat $375.97M Estimate
Portfolio Pulse from Benzinga Newsdesk
Infinera's Q2 sales of $376.23 million beat the analyst consensus estimate of $375.97 million by 0.07 percent. This represents a 5.10 percent increase over sales of $357.99 million the same period last year.
August 09, 2023 | 8:05 pm
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Infinera's Q2 sales beat analyst estimates, showing a 5.10% YoY increase.
Infinera's Q2 sales exceeded analyst estimates, which is generally seen as a positive sign by investors. This could lead to increased investor confidence and potentially a short-term increase in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100