infn: the income statement

MyFinsight

For the year ending 2024-12-28, INFN made $1,418,446K in revenue. -$150,338K in net income. Net profit margin of -10.60%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2024-12-28
Revenue	1,418,446
Cost of revenue	873,290
Restructuring and other related costs	596
Total cost of revenue	873,886
Gross profit	544,560
Restructuring and other related costs	4,186
Sales and marketing	158,861
Research and development	300,437
Merger-related charges	23,021
General and administrative	132,680
Amortization of intangible assets	9,025
Total operating expenses	628,210
Loss from operations	-83,650
Interest expense	32,302
Other gain (loss), net	-20,457
Interest income	3,383
Total other income (expense), net	-49,376
Loss before income taxes	-133,026
Provision for income taxes	17,312
Net loss	-150,338

Basic eps	-0.64
Diluted eps	-0.64
Basic average shares	234,672,000
Diluted average shares	234,672,000