Infinera ( NASDAQ:INFN – Get Rating ) issued an update on its second quarter earnings guidance on Wednesday morning. The company provided earnings per share guidance of $(0.08)-0.02 for the period, compared to the consensus earnings per share estimate of $0.02. The company issued revenue guidance of $355-395 million, compared to the consensus revenue estimate of $400.53 million. Infinera Stock Down 2.6 % INFN traded down $0.15 during midday trading on Wednesday, hitting $5.72. The company had a trading volume of 3,019,185 shares, compared to its average volume of 2,375,588.

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