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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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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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?

Infinera (INFN) Reports Q3 Loss, Tops Revenue Estimates

SAN JOSE, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its third quarter ended September 25, 2021.

Infinera Corporation Reports Third Quarter 2021 Financial Results

SAN JOSE, Calif., Nov. 03, 2021 (GLOBE NEWSWIRE) -- stc and Infinera (NASDAQ: INFN) announced today an agreement to deploy Infinera's industry-leading ICE6 800G-capable technology on stc's submarine cable networks enabling new regional and international connectivity services and infrastructure development including the development of cognitive cities.

stc Expands its Network Through an Agreement with Infinera to Adopt ICE6 Technology with Capacities of Up to 800G

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) Q3 Earnings Expected to Decline

SAN JOSE, Calif., Oct. 19, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the third quarter of fiscal 2021 ended September 25, 2021 after the market closes on November 3, 2021.

Infinera to Announce Fiscal Third Quarter 2021 Financial Results on November 3, 2021

SAN JOSE, Calif., Oct. 13, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Telstra, a leading global telecommunications and technology company, announced today the deployment of Infinera's coherent 800G solution across Telstra's international network. The deployment follows a significant industry milestone that Telstra achieved with Infinera, leveraging Infinera's ICE6 800G coherent technology on its GX Series Compact Modular Platform over a dispersion-managed subsea cable between Hong Kong and Singapore, a segment that spans 2,940 kilometers. With Infinera's ICE6 solution, Telstra can realize a 45% increase in capacity over previous-generation technology and 20 times the original design capacity of the cable, underscoring the value of Infinera's innovative solutions.

Telstra Deploys Infinera's Coherent 800G Solution Across Dispersion-managed Subsea Cable

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SAN JOSE, Calif., Sept. 20, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Globe Telecom, Inc. (Globe), a major provider of telecom services in the Philippines, deployed Infinera's Auto-Lambda solution, featuring autotuneable optics, to upgrade its existing 4G access and aggregation networks and in anticipation of providing future 5G services. By upgrading its access network with Infinera's autotuneable optics technology, Globe can deliver more capacity on its existing network and scale to address bandwidth growth within its current network architecture while reducing both capital and ongoing operational expenses.

Globe Telecom Upgrades Network for 5G with Infinera's Auto-Lambda Solution

SAN JOSE, Calif., and MIAMI, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and South Reach Networks (SRN) announced today that SRN's southeast U.S. long-haul and metro networks are now live. Powered by Infinera's GX Series Compact Modular Platform, the network offers new high-speed Ethernet and Wavelength services to connect data centers, service providers, and enterprise customers across the Southeast.

South Reach Networks Offers New Services Powered by Infinera's Industry-leading Open Optical Solutions

SAN JOSE, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) today announced new executive appointments to strengthen its leadership team as it further aligns its business to maximize market opportunities in the new era of open optical networking.

Infinera Strengthens Executive Leadership Team to Accelerate Next Phase of Growth in New Era of Open Optical Networking

SAN JOSE, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Sparkle, the international service provider of TIM Group and among the top 10 global operators, selected Infinera's ICE6 800G-capable coherent technology to enhance its new Mediterranean and European Optical Backbone, Nibble. Deploying Infinera's ICE6 solution will enable Sparkle to launch new 400 GbE services over its existing infrastructure while boosting its network capacity by up to 54%, as demonstrated in a recent trial on two of Sparkle's major routes in Italy.

Sparkle Boosts Its Nibble Mediterranean and European Optical Backbone Capabilities, Selecting Infinera's ICE6 800G Solution

Infinera Corporation (INFN) CEO David Heard on Q2 2021 Results - Earnings Call Transcript

Infinera (INFN) delivered earnings and revenue surprises of 40.00% and -1.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?

Infinera (INFN) Reports Q2 Loss, Lags Revenue Estimates

SAN JOSE, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its second quarter ended June 26, 2021.

Infinera Corporation Reports Second Quarter 2021 Financial Results

SAN JOSE, Calif. and SYDNEY, Australia, July 28, 2021 (GLOBE NEWSWIRE) -- TPG Telecom and Infinera (NASDAQ: INFN) announced today a major technology upgrade of TPG Telecom's submarine cable connecting Australia and Guam to significantly boost cable capacity and improve reliability leveraging Infinera's ICE6 800G solution.

TPG Telecom Selects Infinera's ICE6 800G Solution to Boost Pacific Submarine Cable Capacity by 50 Percent

SAN JOSE, Calif., July 20, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the second quarter of fiscal 2021 ended June 26, 2021 after the market closes on August 3, 2021.

News for Infinera Stock (INFN)