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Infinera Earnings Report Preview For Oct, 2013 Release

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Infinera Corporation (INFN)

Background:Infinera Corporation provides optical networking equipment, software, and services to communications service providers, Internet content providers, cable operators, and subsea network operators worldwide. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.

The upcoming third-quarter earnings is highly anticipated by hopeful investors expecting an earnings growth report after the market closes on October 23, 2013 .

The Analyst's mean profit appraisal is presently 4 cents a share, a gain of 11 cents (275%) from -7 cents during the corresponding quarter last year. Estimates from analysts range from a low of 1 cents per share, up to the highest estimate of 5 cents per share.

The short interest is anything, but short. The number of shares shorted is markedly elevated and should be treated as warning that shorts anticipate upcoming price weakness. The current float short is 15.3%.
 

 

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Stock Tickers: INFN Author Disclosure: n/a
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