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Rap Sheet

Author:

LongTerm CapGains

Subject:

Off Topic

Date:

08/04/17 at 6:58 AM CDT

 

 

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Sentiment:

Neutral

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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