Infinera reported GAAP revenues for the first quarter of 2010 of $95.8 million compared to $90.2 million in the fourth quarter of 2009 and $66.6 million in the first quarter of 2009.
The company said GAAP gross margins for the quarter were 39% compared to 38% in the fourth quarter of 2009 and 30% in the first quarter of 2009. GAAP net loss for the quarter was $20.0 million, or $(0.21) per share, compared to $18.7 million, or $(0.19) per share, in the fourth quarter of 2009 and $24.3 million, or $(0.26) per share, in the first quarter of 2009. http://www.infinera.com
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Every article published by Converge Digest is researched, curated, fact-checked and editorially reviewed by Jim Carroll, Editor & Publisher. AI-assisted drafting may be used to accelerate production, but all content is reviewed, refined and approved prior to publication.
You just read about Infinera. One of the companies whose work it now carries:
Coriant built Optical transport, OTN switching and control software. What became of it?
Coriant brought Optical transport, OTN switching and control software to Optical. That work was distinctive enough to lead to its acquisition by Infinera for US$430M. The standalone name now passes into the archive — but the team and technology continue inside Infinera today. One of 430 names here whose work outlived the company.
