WASHINGTON (dpa-AFX) - Infinera Corp. (INFN), provider of Intelligent Transport Networks, reported fourth-quarter net income of $8.41 million or $0.06 per share, compared to a loss of $10.18 million or $0.08 per share, prior year. Adjusted earnings per share was $0.13, for the quarter.
On average, ten analysts polled by Thomson Reuters expected the company to report profit per share of $0.11 for the quarter. Analysts' estimates typically exclude special items.
Revenue increased to $186.31 million from $139.09 million last year. Analysts expected revenue of $181.14 million for the quarter.
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