Infinera (NASDAQ:INFN) reported its Q4 earnings results on Wednesday, February 16, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Infinera beat estimated earnings by 200.0%, reporting an EPS of $0.03 versus an estimate of $0.01.
Revenue was up $46.82 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.03, which was followed by a 6.87% increase in the share price the next day.
Here's a look at Infinera's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | -0.04 | -0.05 | -0.06 | 0.02 |
| EPS Actual | -0.01 | -0.03 | -0.03 | 0.13 |
| Revenue Estimate | 355.27M | 344.87M | 331.49M | 356.79M |
| Revenue Actual | 356.79M | 339.20M | 331.88M | 354.42M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
