infn: the income statement

MyFinsight

INFN

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)

	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
Sales and marketing	158,861
Research and development	300,437
Merger-related charges	23,021
General and administrative	132,680
Restructuring and other related costs	4,186
Amortization of intangible assets	9,025
Total operating expenses	628,210
Loss from operations	-83,650
Other gain (loss), net	-20,457
Interest income	3,383
Interest expense	32,302
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

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