The 10-second takeaway
Comparing the upcoming quarter to the prior-year quarter, average analyst estimates predict Infinera's revenues will grow 42.9% and EPS will remain in the red.
The average estimate for revenue is $133.6 million. On the bottom line, the average EPS estimate is -$0.02.
Last quarter, Infinera logged revenue of $124.6 million. GAAP reported sales were 19% higher than the prior-year quarter's $104.7 million.
Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures may vary to maintain comparability with estimates.
Last quarter, non-GAAP EPS came in at -$0.06. GAAP EPS were -$0.13 for Q1 compared to -$0.19 per share for the prior-year quarter.
Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures may vary to maintain comparability with estimates.
For the preceding quarter, gross margin was 34.3%, 430 basis points worse than the prior-year quarter. Operating margin was -12.0%, 700 basis points better than the prior-year quarter. Net margin was -12.3%, 740 basis points better than the prior-year quarter.
The full year's average estimate for revenue is $534.5 million. The average EPS estimate is -$0.07.
The stock has a five-star rating (out of five) at Motley Fool CAPS, with 1,812 members out of 1,849 rating the stock outperform, and 37 members rating it underperform. Among 537 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 531 give Infinera a green thumbs-up, and six give it a red thumbs-down.
Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Infinera is outperform, with an average price target of $8.49.
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