Infinera(INFN) - 2023 Q2 - Earnings Call Presentation

COMPELLING TARGET BUSINESS MODEL BUSINESS STRUCTURE ALIGNED WITH STRATEGY * See reconciliation of GAAP to non-GAAP financial measures in the appendix of this presentation. © 2023 Infinera. All rights reserved. F I N A N C I A L S FINANCIALS & COMPARISON TO PRIOR PERIODS Revenue ($M) $358 $392 $376 -4% 5 % Gross Margin % * 36.1% 38.8% 39.3% 50bps 320bps FINANCIAL METRICS QoQ YoY CHANGE CHANGE Q2'22 Q1'23 Q2'23 Opex ($M) * $128 $139 $137 -1% 7 % Operating Margin % * 0.4% 3.5% 2.8% -70bps 240bps Diluted EPS * ...