Infinera (INFN) Reports Break-Even Earnings for Q3
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Infinera (INFN) reported break-even earnings for Q3, missing the Zacks Consensus Estimate of $0.06 per share. This is a decline from the $0.09 per share earnings reported a year ago.
November 05, 2024 | 11:45 pm
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Infinera reported break-even earnings for Q3, missing the expected $0.06 per share and showing a decline from last year's $0.09 per share.
Infinera's break-even earnings for Q3 fell short of the Zacks Consensus Estimate of $0.06 per share, indicating weaker performance compared to last year when it earned $0.09 per share. This miss is likely to negatively impact the stock price in the short term as it reflects a decline in profitability.
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