{"schema_version":"secwatch.filing_event.v1","accession":"0001138639-24-000097","form_type":"8-K","ticker":null,"cik":"0001138639","company_name":"Infinera Corp","filed_at":"2024-05-14T23:59:59+00:00","discovered_at":"2026-05-14T18:03:17.428714+00:00","generated_at":"2026-06-02T00:18:05.085302+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Infinera Q1 preliminary revenue $306.9M, GAAP net loss $(0.27)/share; sharp decline from prior quarters","bullets":["GAAP revenue $306.9M, down 32.3% QoQ from $453.5M in Q4 2023; GAAP gross margin 36.0%.","GAAP net loss $(61.4)M ($(0.27)/diluted share) vs net income of $12.9M ($0.06) in Q4 2023.","Non-GAAP net loss $(38.3)M ($(0.17)/diluted share) vs non-GAAP net income of $28.6M ($0.12) in Q4 2023.","GAAP operating margin (14.0)% vs 2.5% in Q4 2023; generated $24.0M operating cash flow and $16.0M free cash flow."],"urls":{"canonical":"https://secwatch.observer/filing/0001138639-24-000097","json":"https://secwatch.observer/filing/0001138639-24-000097.json","markdown":"https://secwatch.observer/filing/0001138639-24-000097.md","text":"https://secwatch.observer/filing/0001138639-24-000097.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1138639/000113863924000097/0001138639-24-000097-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1138639/000113863924000097/infn-20240514.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T00:18:05.085302+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2e195ff3bc82eb5700f38efc4652d7c845031d0f","claim":"Infinera Corp reported first quarter ended March 30, 2024 results: revenue $306.9 million, net income $(61.4) million, or $(0.27) per diluted share, EPS $(0.27) per diluted share.","evidence_excerpt":"final quarterly review process and may change as a result of new information that arises, or new determinations that are made, in this process. GAAP revenue for the quarter was $306.9 million compared to $453.5 million in the fourth quarter of 2023 and $392.1 million in the first quarter of 2023. GAAP gross margin for the quarter was 36.0% compared to 38.6% in the","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1138639/000113863924000097/0001138639-24-000097-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 30, 2024"},{"label":"Revenue","value":"$306.9 million"},{"label":"Net income","value":"$(61.4) million, or $(0.27) per diluted share"},{"label":"EPS","value":"$(0.27) per diluted share"},{"label":"Result","value":"preliminary results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}