Infinera (INFN -7.3%), a maker of optical networking gear, gets clocked after reporting Q3...

|About: Infinera Corporation (INFN)|By:, SA News Editor

Infinera (INFN -7.3%), a maker of optical networking gear, gets clocked after reporting Q3 results. While revenue of $104M (-20% Y/Y) and EPS of -$0.09 beat expectations by $4.1M and $0.02, the company's Q4 guidance ranges are largely below Street forecasts. Rival Ciena (CIEN -2.7%) is falling in sympathy. (transcript)