---
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"
generated_at: "2026-06-02T00:18:05.085302+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Infinera Q1 preliminary revenue $306.9M, GAAP net loss $(0.27)/share; sharp decline from prior quarters

## Summary
- 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.

## SEC filing metadata
- accession: 0001138639-24-000097
- form_type: 8-K
- cik: 0001138639
- company_name: Infinera Corp
- filed_at: 2024-05-14T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001138639-24-000097
- JSON: https://secwatch.observer/filing/0001138639-24-000097.json
- Plain text: https://secwatch.observer/filing/0001138639-24-000097.txt

## Key facts
- Earnings Releases
  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.
  - Period: first quarter ended March 30, 2024
  - Revenue: $306.9 million
  - Net income: $(61.4) million, or $(0.27) per diluted share
  - EPS: $(0.27) per diluted share
  - Result: preliminary results
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1138639/000113863924000097/0001138639-24-000097-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.