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home / news releases / INFN - Infinera Q1 2024 Results: Guidance Is Unimpressive - Sell

INFN - Infinera Q1 2024 Results: Guidance Is Unimpressive - Sell

Infinera Corporation

2024-05-15 08:40:59 ET

Summary

  • Infinera's revenue growth rates are expected to shrink in Q2, 2024, causing concern for investors.
  • Analysts may have been too optimistic about Infinera's growth rates for the second half of 2024.
  • Infinera's increasing debt and growing number of shares outstanding raise questions about its valuation.

Investment Thesis

Infinera ( INFN ) delivered investors with an unimpressive set of results and guidance ....

For further details see:

Infinera Q1 2024 Results: Guidance Is Unimpressive - Sell
Stock Information
Company Name: Infinera Corporation
Stock Symbol: INFN
Market: NASDAQ
Website: infinera.com
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