If there is demand softness from carriers out there in the world, it's not as big a problem at the DWDM layer right now at least at Infinera. The company posted its Q2 financials yesterday after the market closed, easily meeting the higher revenue guidance they had issued in April and coming up with an extra seven cents per share.
|$ in millions||Q2/13||Q3/13||Q4/13||Q1/14||Q2/14||Guidance|
|Non-GAAP Gross Margin %||39%||49%||41%||41.8%||43.3%||Q3: low 40%s|
|Operating Expenses||60.3||55.8||56.0||59.4||62.2||Q3: 60-62|
|Non-GAAP EPS||(0.01)||0.10||0.00||0.03||0.11||Q3: 0.05-0.09|
Forward guidance for both revenue and earnings per share was better than expected, taking analyst projections of $165M and $0.05 as the lower end of the range bracket.
The company added four new DTN-X customers during the quarter. The DTN-X is their flagship 100G platform, and has been living up to expectations.
If you haven't already, please take our Reader Survey! Just 3 questions to help us better understand who is reading Telecom Ramblings so we can serve you better!Categories: Financials · Telecom Equipment