Can Infinera Continue to Grow Earnings ?

The secret is out!

https://finance.yahoo.com/news/infinera-corp-infn-stock-cont…

"In fact, the current growth estimate for this year calls for earnings-per-share growth of well over 100%. Furthermore, the long-term growth rate is currently an impressive 20%, suggesting pretty good prospects for the long haul

Gary

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Did you read the transcript of the conference call? I loved Fallon’s response to the question about competitive pressure for their 100 gig device. He replied (I paraphrase), I love the competition, they’re all talking about what they will provide, we’re the only one actually shipping product. And we’re the only company with a PIC.

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