Infinera releases results for Q2 2015
Infinera has released its financial results for Q2 2015, with revenue rising to $207.3 million from $186.9 million in Q1 2015.
GAAP gross margin for the quarter was 46.7% compared to 47.2% in Q1 2015 and 42.5% in the Q2 2014. GAAP operating margin for the quarter was 8.0% compared to an operating margin of 8.1% in Q1 2015 and an operating margin of 4.9% in Q2 2014.
The vendor attributed the growth to the emergence of new cloud architectures which it claims has driven the strategic importance of optical transport.
"Our outstanding second quarter results were driven by robust demand across multiple verticals, as customers continued to build next generation networks with Infinera. Differentiated products, exceptional customer experience and a vertical business model enable us to continue to grow our top line rapidly and our bottom line even faster," said Tom Fallon, Infinera's CEO.