Infinera Corporation

INFN

US45667G1031

Communications & Networking

Market Closed - Nasdaq Other stock markets 04:00:00 2024-04-19 pm EDT			5-day change	1st Jan Change
4.72 ^USD	+1.29%		-1.46%	-0.63%

Apr. 18	Infinera GX Series Powers Paratus Superhighway Network Between Johannesburg and Europe	CI
Apr. 08	Aire Networks Deploys Infinera's ICE-X Intelligent Coherent Pluggable Solution to Increase Capacity of Its Single-Fiber Network	CI

Infinera Corporation Reports Earnings Results for the First Quarter Ended March 26, 2022

May 03, 2022 at 05:04 pm EDT

Infinera Corporation reported earnings results for the first quarter ended March 26, 2022. For the first quarter, the company reported revenue was USD 338.87 million compared to USD 330.91 million a year ago. Net loss was USD 41.85 million compared to USD 48.32 million a year ago. Basic loss per share from continuing operations was USD 0.2 compared to USD 0.24 a year ago. Diluted loss per share from continuing operations was USD 0.2 compared to USD 0.24 a year ago.

Latest news about Infinera Corporation

Infinera GX Series Powers Paratus Superhighway Network Between Johannesburg and Europe	Apr. 18	CI
Aire Networks Deploys Infinera's ICE-X Intelligent Coherent Pluggable Solution to Increase Capacity of Its Single-Fiber Network	Apr. 08	CI
B. Riley Raises Infinera's PT to $9 From $7.50, Says 'Incrementally Positive on Stock After Optical Fiber Communication Conference; Maintains Buy Rating	Apr. 01	MT
DZS and Infinera Corporation to Demo Game-Changing Ice-X Coherent Pluggable Solutions for Mobile Xhaul and Advanced Business Services At OFC	Mar. 20	CI
Infinera Corporation to Showcase Advances in Optical Networking Solutions at OFC 2024	Mar. 20	CI
Infinera and Orange International Network Establish Long-Term Partnership to Optimize Network Infrastructure Across Europe	Mar. 18	CI
Infinera Announces New Line of High-Performance 1.6 Tb/s Optics to Reduce Power per Bit by up to 75% for AI-driven Intra-Data Center Connectivity Applications	Mar. 14	CI
Infinera to Supply Equipment for Australia's NBN Optical Network Upgrade	Mar. 14	MT
Australia?s NBN Selects Infinera?s GX Series Platform and ICE-X Intelligent Coherent Pluggables to Upgrade National Broadband Network	Mar. 14	CI
Infinera, DriveNets Complete Joint Solution Certification	Mar. 13	MT
Transcript : Infinera Corporation, Q4 2023 Earnings Call, Mar 06, 2024	Mar. 06
Infinera Says it Expects Q4 Preliminary Non-GAAP EPS Between $0.07 and $0.13	Mar. 06	MT
Infinera Corporation Appoints Regan MacPherson as the Senior Vice President of Legal and to Transition into the Role of the Company?s Chief Legal Officer and Corporate Secretary	Mar. 06	CI
Infinera Corporation Provides Earnings Guidance for the First Quarter Ending March 30, 2024	Mar. 06	CI
Infinera Announces Availability of Next Generation Multi-Haul Optical Line System Functionality for Gx Series Platform	Mar. 06	CI
North American Morning Briefing : Stock Futures -2-	Mar. 06	DJ
Infinera Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023	Feb. 29	CI
Orange Deploys Infinera's GX Series to Power AMITIE Subsea Cable, Delivering Global Connectivity on the World's Busiest Route	Jan. 15	CI
Infinera Reaffirms Q3, Q4 Preliminary Net Income, Revenue Guidance	Jan. 11	MT
Infinera Corporation Reaffirms Preliminary Unaudited Earnings Guidance for the Third Quarter and Fourth Quarter of 2023	Jan. 11	CI
Xarxa Oberta De Catalunya Deploys Infinera's Optical Transport Solution for Fiber Optic Networks in Spain	Jan. 08	CI
Western James Bay Telecom Network Selects Infinera to Expand Broadband Services to Rural Canadian Communities	Dec. 19	CI
Infinera Awarded Government Grant of Up to $14 Million	Nov. 21	MT
Infinera Awarded California Competes Grant to Increase Domestic Production of Next Generation Semiconductors from California Governor's Office of Business and Economic Development	Nov. 21	CI
Transcript : Infinera Corporation, Q3 2023 Earnings Call, Nov 08, 2023	Nov. 08

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Company Profile

Infinera Corporation is a supplier of networking solutions comprised of networking equipment, software and services. The Companyâs portfolio of solutions includes optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical engines and subsystems, a suite of automation software offerings, and support and professional services. The Companyâs hardware product portfolio consists of compact modular platforms, packet-optical platforms, optical line systems and optical subsystems. Its software products include the Infinera Transcend Software Suite, which includes automation and network management software. These products serve various market segments in the end-to-end transport infrastructure, including metro, long-haul and subsea. It also provides customer support services, including professional service offerings designed to help customers optimize their network assets and migrate legacy services.

Sector

Communications & Networking

Calendar

2024-04-29 - Q1 2024 Earnings Release (Projected)

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Ratings for Infinera Corporation

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Analysts' Consensus

Sell

Buy

Mean consensus

OUTPERFORM

Number of Analysts

Last Close Price

4.72 USD

Average target price

7.267 USD

Spread / Average Target

+53.95%

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