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INFN Earnings
Missed revenues by $4M+, Fallon claimed a delayed order.
That order came in on Q3 (this quarter), it has been
delivered. Guidance is $190M plus or minus $5M, analysts have
Q3, so that is also light. Products delivered last quarter
have had 3 orders, two more products to be released within the next
4 months. These will most likely fo through certifications,
so no orders until next year for these.
Overall, a poor quarter. Meaninful ramp in revenues in
2018, so that is later than I had expected.
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