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 Q4 2020

Earnings data Q1 2021

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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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SAN JOSE, Calif., March 28, 2022 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Hetzner Online, a leading web hosting and data center operator in Germany, announced the deployment of Infinera's ICE6 solution, capable of transmission speeds of up to 800 Gb/s, on Hetzner Online's nationwide network. The deployment will modernize Hetzner Online's existing network and enables the company to offer new 400 GbE services across its network to meet the surging bandwidth demands of its customers.

Hetzner Online Deploys Infinera's ICE6 Solution, Doubling Network Capacity, Enabling New Higher-speed Data Center Interconnect Services

SAN JOSE, Calif., March 23, 2022 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today Gulf Bridge International (GBI), a global cloud, connectivity, and content enabler, deployed Infinera's industry-leading Infinite Capacity Engine (ICE) technology to increase capacity on GBI's Smart Network. This has enabled GBI to launch new initiatives like its Capacity Protection Program and prepare for major events like the World Cup scheduled to take place in Qatar later this year.

GBI Deploys Infinera's ICE Optical Engines to Increase Network Capacity, Launch New Services, and Support the World Cup

Leading global provider of communications infrastructure beats former world record by 74.5 km Leading global provider of communications infrastructure beats former world record by 74.5 km

Zayo Group Makes History with World's Longest 800G Optical Wave, Supported by Infinera Technology

SAN JOSE, Calif., March 07, 2022 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) today announced availability dates for Infinera's ICE-XR, the industry's first suite of intelligent coherent optical pluggable solutions capable of supporting both point-to-point and point-to-multipoint applications. In addition to enabling dramatic network simplification, ICE-XR pluggables are designed to support a diverse set of network applications and can provide as much as 70% reduction in network costs. The company also announced the introduction of its Open Optical Toolkit, a new suite of open optical automation solutions designed to enable network operators to leverage the power of coherent optical technology in any platform across any optical infrastructure.

Infinera Announces ICE-XR Pluggables Availability and a Suite of Open Optical Automation Solutions

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Windstream Wholesale Partners with Infinera to Build Next-Generation Optical Infrastructure

SAN JOSE, Calif., Feb. 22, 2022 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today the introduction of ICE6 Turbo, the industry's first coherent optical solution that can operate above 100 Gbaud. Produced in Infinera's in-house, U.S.-based fabrication center, ICE6 Turbo is a performance-optimized configuration of Infinera's industry-leading 1.6T (2 x 800G) ICE6 coherent optical engine. With the introduction of the Turbo mode, ICE6 increases its lead over competitive solutions by providing up to a 30 percent performance boost in high-speed applications. The result is the industry's first solution that enables network operators to support 4 x 400 GbE services using a single optical engine across long-haul distances and 3 x 400 GbE services across ultra-long-haul distances, driving down the cost per bit of delivering high-speed optical services.

The Industry's Highest-performance Coherent Optical Engine, Infinera's 1.6T ICE6, Gets a Turbo Charge

Infinera's (INFN) CEO David Heard on Q4 2021 Results - Earnings Call Transcript

Infinera (INFN) delivered earnings and revenue surprises of 50% and 3.87%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?

Infinera (INFN) Tops Q4 Earnings and Revenue Estimates

SAN JOSE, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) today announced the appointment to its board of directors of Roop Lakkaraju, Chief Financial Officer of Benchmark Electronics, Inc. (NYSE: BHE), effective February 16, 2022. Mr. Lakkaraju will serve as a member of Infinera's audit committee.

Infinera Appoints Roop Lakkaraju to Board of Directors

SAN JOSE, Calif., Feb. 16, 2022 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its fourth quarter and fiscal year ended December 25, 2021.

Infinera Corporation Reports Fourth Quarter and Fiscal 2021 Financial Results

Infinera (INFN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Earnings Preview: Infinera (INFN) Q4 Earnings Expected to Decline

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SAN JOSE, Calif., Feb. 02, 2022 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the fourth quarter of fiscal 2021 ended December 25, 2021 after the market closes on February 16, 2022.

Infinera to Announce Fiscal Fourth Quarter 2021 Financial Results on February 16, 2022

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B. Riley analyst Dave Kang upgraded Infinera Corp (NASDAQ:INFN) to Buy from Neutral with a price target of $11.50, up from $10, implying an upside of 44.65%. The analyst believes the value of the company's digital signal processing technology is "significantly underappreciated" at current share levels.

B. Riley Bumps Up Infinera Price Target By 15%; Turns Bullish

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Thanks to Infinera's ICE6 800G solution, the high-speed optical transmission demonstration spanned over 1,372 kilometers on Fastweb's low-latency long-haul backbone network, setting a milestone for Italian long-distance data transmission. Thanks to Infinera's ICE6 800G solution, the high-speed optical transmission demonstration spanned over 1,372 kilometers on Fastweb's low-latency long-haul backbone network, setting a milestone for Italian long-distance data transmission.

Fastweb and Infinera Successfully Achieve Record-breaking 600 Gb/s Transmission Speed Trial on Milan-Bari Network

SAN JOSE, Calif. and STOCKHOLM, Sweden, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Telia Carrier announced today the selection of Infinera's ICE6 800G solution for Telia Carrier's global network after completing a successful trial of the technology on Telia Carrier's live number-one-ranked global network, AS1299. The decision to deploy Infinera's ICE6 comes after a field validation trial on the 2,396-km link in the U.S. between Denver and Chicago. The trial was performed using Infinera's innovative ICE6 technology over an existing third-party line system and demonstrated superior performance and improved network capacity.

Telia Carrier Selects Infinera's ICE6 800G Coherent Technology as Part of Its Global Expansion

SAN JOSE, Calif., Dec. 02, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that it will participate in the following webcasted investor conference:

Infinera to Participate in Upcoming Raymond James Technology Investors Conference

SAN JOSE, Calif., Nov. 08, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that G8 Telecommunications (G8) deployed Infinera's industry-leading GX Series Compact Modular Platform on its long-haul DWDM network to increase network capacity to meet the growing needs of enterprises, network operators, and government companies across Brazil. Infinera's solutions enable G8 to double capacity on its network and offer its customers a variety of high-capacity internet services.

Broadband Internet Service Provider in Brazil Increases Network Capacity with Infinera's Optical Solutions

Infinera Corporation (INFN) CEO David Heard on Q3 2021 Results - Earnings Call Transcript

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Infinera (INFN) delivered earnings and revenue surprises of 75.00% and 0.04%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?

News for Infinera Stock (INFN)