Infinera Message Board - Msg: 31708128

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Technology Stocks : Infinera

INFN 6.640

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Feb 28 4:00 PM EST

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From: FJB	7/18/2018 9:17:39 PM
	of 4443

Adtran on CenturyLink: ... In regards to the merger-related shift in spending with our Tier-1 domestic customers, I am pleased to see further clarity and meaningful progress towards stability. We saw a modest increase in revenue over the previous quarter and we have been awarded net new business. We are also in other projects with this customer at various stages of development ranging from initial scoping to field trials. ... However, taking into account the previously disclosed merger-related review and slowdown in the spending of a Tier 1 customer, our current expectations are that third quarter of 2018 revenues will be in the range of $146 million. ...

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