Infinera Will Not Be Providing Financial Guidance During The Pendency Of The Acquisition, In Light Of The Proposed Transaction With Nokia
Portfolio Pulse from Benzinga Newsdesk
Infinera will not be providing financial guidance during the pendency of its proposed acquisition by Nokia.
August 02, 2024 | 8:05 pm
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Infinera will not be providing financial guidance during the pendency of its proposed acquisition by Nokia. This is a customary move during such transactions.
Infinera's decision to halt financial guidance is a standard practice during acquisition processes. This move may create short-term uncertainty among investors, but it does not necessarily indicate any negative financial performance.
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