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Created March 3, 2016

Infinera Corporation, a developer and provider of “intelligent” transport networks, has released financial results for the fourth quarter and fiscal year ended December 26, 2015.

Revenue for the quarter was $260.6 million compared to $233.2 million in Q3 2015 and $186.3 million in Q4 2014. Non-GAAP gross margin for the quarter was 48.3% (compared to 47.5% in Q3 2015 and 46.1% in Q4 2014). Non-GAAP operating margin for the quarter was 12.7% (compared to 14.4% and 11.0%, respectively). Net income for the quarter was $32.0 million, or $0.21 per diluted share (compared to $32.2 million, or $0.22 per diluted share, and $18.0 million, or $0.13 per diluted share, respectively).

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