NEW YORK (TheStreet) -- Shares of Infinera Corp. are higher by 5.21% to $15.15 in after-hours trading on Thursday, following the release of the company's 2014 fourth quarter earnings results which exceeded analysts' expectations and showed an increase in earnings and revenue year-over-year. For the most recent quarter the communications and networking company said non-GAAP net income was $18 million, or 13 cents per diluted share compared to a net loss of $0.2 million or breakeven earnings per share for the 2013 fourth quarter. Analysts were expecting earnings of 11 cents for the 2014 fourth quarter. Exclusive Report: Jim Cramer's Best Stocks for 2015 STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more. Revenue for the quarter was $186.3 million versus $139.1 million for the year ago period. Analysts had forecast for revenue of $181.14 million for the quarter. Separately, TheStreet Ratings team rates INFINERA CORP as a Hold with a ratings score of C. TheStreet Ratings Team has this to say about their recommendation: "We rate INFINERA CORP (INFN) a HOLD. The primary factors that have impacted our rating are mixed some indicating strength, some showing weaknesses, with little evidence to justify the expectation of either a positive or negative performance for this stock relative to most other stocks. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. However, as a counter to these strengths, we find that the company's return on equity has been disappointing." You can view the full analysis from the report here: INFN Ratings Report INFN data by YCharts STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.
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