Infinera announced its
earnings
Beat on the bottom line and was light on the top line.
However, it looks like its revenues on a YoY basis were much
improved. It also recently announced its latest Integrated Optical
chip in its series of Infinite Optical Engine. It matches the
competition at 800G.
The stock initially droped some 6% in AH, then on the next
business day it reversed ending the day up about 8% for a 14% swing
from AH lows.
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