INFN Q2 Guidance :-(

http://finance.yahoo.com/q/ae?s=INFN+Analyst+Estimates


**EPS		Rev**
**Estimates	0.22		272.15**
**Guidance	0.15 - 0.19	250 - 260**

Shares outstanding used for Q1: 147 million

Shares outstanding for Q2: 148 million

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The guide was down. Apparently due to one particular very large Transmode customer who hasn’t signed their deal yet.

Disappointing in the short term, but they said the deal was not an if, but when. They expect the deal to hit but can’t say it is going to come to terms in this quarter.

The rest of their outlook is based more on LH and CX, and that is still kicking in strong.

Growth has stalled, for now, due to choppiness in the metro market.

Best,
–Kevin

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