| 2018-08-07 17:07:36|
INFN 17:07 08/07 08/07/18
Infinera sees Q3 EPS (7c)-(3c), consensus (2c)
Sees Q3 revenue $200M-$220M, consensus $209.8M. The company said: "We expect several new customer footprint deployments in the third quarter of 2018. We expect these new deployments will drive multi-year revenue growth and strong margins moving forward. However, as is typical with new deployments of network infrastructure, these will have lower margins initially."