Infinera Corporation provided earnings guidance for the second quarter ending June 29, 2024. For the quarter, the company?s revenue is expected to be $330 million +/- $20 million and GAAP net loss per share is expected to be $0.21 +/- $0.04.

For the full year 2024, the company now expect revenue to be down between 1% and 5% compared to 2023.