Infinera

Infinera Corp. engages in the provision of networking solutions, which consists of networking equipment, software and services. It operates through the following geographical segments: United States, Other Americas, Europe, Middle East and Africa, and Asia Pacific and Japan. Its products include control and automation, network routers, packet optical, and compact modular. The company was founded by David F. Welch, Drew Daniel Perkins, and Jagdeep Singh in December 2000 and is headquartered in San Jose, CA.

Earnings data Q1 2021

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Earnings data Q1 2022

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Earnings data Q1 2023

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Earnings data Q3 2023

Earnings data Q4 2023

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Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Infinera reports robust Q4 earnings, eyes growth amidst challenges

Infinera's Q4 performance reflects resilience and growth potential despite challenges in supply chain costs and product mix.
The company's strategic focus on innovation, margin expansion, and market outgrowth positions it for a promising 2023.
Financial stability, positive cash flow expectations, and operational advancements underscore Infinera's solid performance in 2022.
Navigating challenges while capitalizing on opportunities will be crucial for Infinera's sustained success and market competitiveness.

Infinera excels in Q1 with margin expansion and growth strategy

Infinera's Q1 2023 performance reflects operational efficiency, margin expansion, and exceeding financial targets, positioning the company for continued growth.
While challenges exist in customer dynamics and revenue predictability, the company's strategic focus and pricing strategy drive profitability and market competitiveness.
Opportunities in leveraging strong performance, innovation focus, and client engagement present avenues for sustained growth and market expansion.
Overall, Infinera's emphasis on execution, growth strategy, and financial discipline underpin a positive outlook for future performance and market positioning.

Infinera surpasses Q2 expectations, eyes growth amid industry challenges

Infinera's Q2 performance exceeded expectations, showcasing strength in strategic wins and margin expansions.
While facing revenue adjustments and industry challenges, the company remains confident in its growth trajectory.
Investments in subsystems and pluggables, along with market positioning, provide opportunities for future growth and EPS expansion.

Infinera exceeds Q3 expectations, eyes growth through vertical integration

Infinera's Q3 performance showcased strong results and positive outlook for growth, emphasizing bottom-line expansion and earnings per share increase. Despite challenges in accounting and pricing dynamics, the company remains focused on executing its strategy and meeting customer demands.

Infinera exceeds Q4 expectations, eyes revenue growth and margin improvement

Infinera's Q4 2023 earnings call showcased strong performance, strategic wins, and growth prospects. Despite challenges in Q1 2024, the company remains optimistic about revenue growth, margin improvement, and geographic expansion. Opportunities in hyperscale wins and product innovation position Infinera for continued success.

Infinera faces revenue challenges in Q1 2024 but eyes growth

Infinera's Q1 2024 performance was impacted by revenue shortfall and operating loss, but strategic wins and focus on efficiencies offer growth potential.
Challenges include market fluctuations and revenue decline, but opportunities lie in backlog growth, volume expansion, and market share capture.
Overall, Infinera's outlook for 2024 signals a path towards improved financials, with a strong focus on strategic positioning and operational enhancements.

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Infinera (NASDAQ:INFN) announces its next round of earnings this Tuesday, February 23. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.

Infinera Earnings Preview

SUNNYVALE, Calif., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Allo Technology Sdn Bhd (Allo), a wholly owned subsidiary of Tenaga Nasional Berhad (TNB), announced today the deployment of Infinera's industry-leading GX Series Compact Modular Platform over Allo's nationwide open optical network infrastructure.

Allo Technology's Nationwide Open Optical Network Leverages Infinera's GX Series

SUNNYVALE, Calif., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the fourth quarter and fiscal year 2020 ended December 26, 2020 after the market closes on February 23, 2021.

Infinera to Announce Fiscal Fourth Quarter and Fiscal Year 2020 Financial Results on February 23, 2021

SUNNYVALE, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Softdados deployed Infinera's GX Series Compact Modular Platform and XTM Series across its metro and long-haul networks to increase network capacity to meet the growing needs of internet service providers (ISPs) in Brazil. Infinera's solutions enable Softdados – a company of Softcomp Conectividade Group – to significantly enhance the capabilities of its network and offer customers a variety of high-capacity internet services with agility and security. Partnering with Infinera enables Softdados to future-proof its network with a seamless upgrade path to Infinera's industry-leading 800G Infinite Capacity Engine technology.

Softdados Increases Network Capacity to Meet ISP Demand in Brazil with Infinera's Optical Solutions

Infinera Corporation's equity capital has been almost wiped off by its accumulated deficit. The company is presently following a restructuring plan to reduce costs and enhance efficiencies. The restructuring is showing results and the company has managed to reduce its cost of product sales by as much as 2.6%.

Infinera Corporation: Future Is Clear

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SUNNYVALE, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that KPU Telecommunications, a local provider of residential and business communications services owned by the city of Ketchikan in Alaska, deployed Infinera's XTM Series to enhance broadband service connectivity for end-user customers. The XTM solution enables KPU to offer flexible optical and packet-based high-speed services while cost-effectively powering high-speed 200G optical transport over its 167-kilometer-long unamplified undersea fiber cable connecting the city of Ketchikan to mainland terrestrial destinations.

Alaskan Service Provider Deploys Infinera XTM Packet Optical Platform to Enhance Broadband Services

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SUNNYVALE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that SSE Enterprise Telecoms, one of the UK's leading connectivity providers, has selected Infinera's XTM Series for the second phase of its UK-wide network expansion. The expanded network will bring high-capacity services to more businesses across the UK, further facilitating 5G rollouts, and aiding in the deployment of next-generation connectivity technologies such as the Industrial Internet of Things (IIoT).

SSE Enterprise Telecoms Expands High-capacity Fiber Network with Infinera, Enabling 5G Across the UK

SUNNYVALE, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today it has joined the Innovative Optical and Wireless Network (IOWN) Global Forum, a consortium formed by Nippon Telegraph and Telephone Corporation (NTT), Intel Corporation, and Sony Corporation to collaborate on innovations to enable next-generation networks in key areas such as photonics, computation, and network infrastructure. Infinera will play a pivotal role in contributing to IOWN Global Forum to help shape the future of network architectures with its innovative solutions, including XR optics technology.

Infinera Joins IOWN Global Forum to Accelerate Innovations in Next-generation Optical Networks

SUNNYVALE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that Tom Fallon, Chief Executive Officer, David Heard, Chief Operating Officer, and Nancy Erba, Chief Financial Officer, are scheduled to participate at the Needham Virtual Security, Networking, and Communications Conference and present on Tuesday, November 17, 2020 at 11:00 a.m. Eastern Time.

Infinera to Present at the Needham Virtual Security, Networking, and Communications Conference

The optical solutions provider remains a solid secular growth stock.

4 Reasons to Buy Infinera Stock After Its Q3 Earnings Beat

Infinera Corporation (INFN) CEO Tom Fallon on Q3 2020 Results - Earnings Call Transcript

SUNNYVALE, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its third quarter ended September 26, 2020.

Infinera Corporation Reports Third Quarter 2020 Financial Results

SUNNYVALE, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) is proud to announce a contract award with the U.S. Department of Energy (DOE)'s Energy Sciences Network (ESnet) to build the optical substrate for its next-generation science network, ESnet6, interconnecting the DOE's national laboratory system and experimental facilities with research and commercial networks around the globe. Based on a next-generation hardware and software stack, ESnet6 will provide unparalleled support for global science and pave the way for future advancements in the areas of streaming data analytics, artificial intelligence/machine learning, workflow management, and the integration of compute, storage, and networking capabilities.

Infinera Partners with ESnet to Upgrade the World's Most Advanced Scientific Data Network

SUNNYVALE, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today a collaboration between Telecom Infra Project (TIP) and Telefónica Peru to commercially deploy a TIP-developed Disaggregated Cell Site Gateway (DCSG) solution using Infinera's DRX-30 hardware and Converged Network Operating System (CNOS). The deployment is part of Telefónica's Fusión Project, an initiative that aims to transform Telefónica's global transport network by simplifying network operations while increasing capacity for customers.

Infinera, Telecom Infra Project, and Telefónica Collaborate to Expand DCSG DRX Series Deployments to Peru

SUNNYVALE, Calif. , Oct. 22, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the third quarter of fiscal 2020 ended September 26, 2020 after the market closes on November 5, 2020.

Infinera to Announce Third Quarter 2020 Financial Results on November 5, 2020

SUNNYVALE, Calif. and BOSTON, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Seaborn Networks (Seaborn), a leading developer-owner-operator of submarine fiber optic cable systems, announced today the launch of new submarine network services on Seaborn's AMX-1 submarine network segment connecting the U.S. and Brazil. Powered by Infinera's XT Series submarine network platforms, featuring Infinera's Infinite Capacity Engine (ICE) technology, Seaborn's new network boasts modernized architecture and industry-leading spectral efficiency, enabling the company to optically bypass cable landing stations and reduce network costs.

Seaborn Deploys Infinera to Launch AMX-1 Submarine Network Services Connecting US and Brazil

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SUNNYVALE, Calif., Sept.  08, 2020  (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that KT Corporation (KT), South Korea’s largest telecommunications company and formerly Korea Telecom, deployed the Infinera 7300 Series Multi-haul Transport Platform in its national backbone network to support a nationwide rollout of 5G services. KT selected the 7300 platform to provide a scalable core network solution optimized for the performance requirements of bandwidth-intensive end-user services such as 5G.

KT Corporation Deploys Infinera Solution for Nationwide Backbone Network

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News for Infinera Stock (INFN)