Infinera Corporation to Announce Preliminary Unaudited Fourth Quarter Fiscal 2023 Financial Results and Outlook for the First Quarter of Fiscal 2024 on March 6, 2024

SAN JOSE, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) ("Infinera” or the “Company”) announced today that it intends to file its Quarterly Report on Form 10-Q for the third quarter of 2023 on or before February 29, 2024.

The Company will also release its preliminary, unaudited financial results for the fourth quarter of fiscal 2023 and provide the Company’s outlook for the first quarter of fiscal 2024 after the market closes on March 6, 2024. An investment community conference call to discuss these items will be held the same day at 5:00 p.m. ET/2:00 p.m. PT.

Fourth Quarter Financial Results Conference Call and Webcast  
Date: Wednesday, March 6, 2024 
Time: 5:00 p.m. ET/2:00 p.m. PT 

Conference call participants: register at: https://events.q4inc.com/attendee/702047373

As previously stated in the Company’s press release issued on January 10, 2024, the Company continues to believe that its preliminary revenue and preliminary net income per diluted share for the fourth quarter of fiscal 2023 will be within or exceed the outlook ranges provided on November 8, 2023, supported by strong bookings in the quarter.

Furthermore, due to the intensive and time-consuming nature of the matters and associated processes described previously in the Company’s Form 12b-25 filed with the Securities and Exchange Commission (the “SEC”) on November 8, 2023, the Company anticipates that it may need additional time to complete its fiscal year closing procedures and file its Annual Report on Form 10-K for the fiscal year ended December 30, 2023.

Contacts:
Media:
Anna Vue
Tel. [phone]
[e-mail]

Investors:
Amitabh Passi, Head of Investor Relations
Tel. [phone]
[e-mail]

About Infinera
Infinera is a global supplier of innovative open optical networking solutions and advanced optical semiconductors that enable carriers, cloud operators, governments, and enterprises to scale network bandwidth, accelerate service innovation, and automate network operations. Infinera solutions deliver industry-leading economics and performance in long-haul, submarine, data center interconnect, and metro transport applications. To learn more about Infinera, visit www.infinera.com, follow us on X and LinkedIn, and subscribe for updates.