Infinera Corporation provides optical transport networking equipment, software, and services worldwide The company’s product portfolio includes Infinera Groove series for modular and sled-based platforms to support a various transport network applications; Infinera 7300 series, an SDN-ready coherent optical transport system; Infinera FlexILS open optical line system that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels; and Infinera 7090 and 7100 series for transport platforms.
infoInfinera is a small cap stock with a total market cap of 932.66M.
infoThey trade on the NASDAQ and had their IPO 16 years and 2 months ago.
infoInfinera currently employs 3267 people.
infoAs of Wednesday, Aug 23 2023, Infinera’s share price is $4.11.
News Relating to Infinera
GlobeNewsWire
Infinera to Present at the Rosenblatt Virtual Technology Summit on August 23, 2023
Monday Aug 21 2023 at 08:00
SAN JOSE, Calif, Aug. 21, 2023 (GLOBE NEWSWIRE) — Infinera Corporation (NASDAQ: INFN) announced today that Infinera executives will participate in a fireside chat at the Rosenblatt Virtual Technology Summit this week.
The Motley Fool
Why Infinera Rallied Today
Thursday Aug 10 2023 at 16:28
Infinera slightly beat revenue and earnings expectations. A high short interest appears to be leading some shorts to cover today.
Zacks Investment Research
Infinera (INFN) Reports Break-Even Earnings for Q2
Wednesday Aug 09 2023 at 19:44
Infinera (INFN) reported break-even quarterly earnings per share versus the Zacks Consensus Estimate of a loss of $0.03. This compares to loss of $0.05 per share a year ago.
Seeking Alpha
Infinera Corporation: Solid Business And Solid Outlook
Saturday Jul 22 2023 at 09:00
Infinera Corporation’s share price has fluctuated significantly in recent months, peaking at $7.8 in the last 52 weeks, but the company’s strong earnings outlook makes it a potential buy. The company, which operates in the communications equipment industry, has invested heavily in R&D and is establishing strong partnerships, including with KAMO Power for the deployment of the Infinera XTM series. Despite facing challenges such as supply chain constraints and potential macroeconomic slowdowns, Infinera’s valuation and strong steps towards growing its market share make it a solid investment opportunity.
InvestorPlace
3 Millionaire-Maker Next-Gen Telecom Stocks to Buy and Hold Forever
Friday Jun 30 2023 at 15:44
Telecom has been a booming industry for as long as some of us have been alive. From the dot-com boom and bust to the FAANG companies and Cloud Czars, fortunes have been made by letting people interact with each other more easily.
Seeking Alpha
Infinera Corporation (INFN) Q1 2023 Earnings Call Transcript
Wednesday May 03 2023 at 19:49
Infinera Corporation (NASDAQ:INFN ) Q1 2023 Earnings Conference Call May 3, 2023 5:00 PM ET Company Participants David Heard – Chief Executive Officer Nancy Erba – Chief Financial Officer Amitabh Passi – Head of Investor Relations Conference Call Participants Mike Genovese – Rosenblatt Securities Alex Henderson – Needham and Company Simon Leopold – Raymond James Meta Marshall – Morgan Stanley George Notter – Jefferies Operator Good day! My name is Rob and I will be your conference operator today.
GlobeNewsWire
Infinera to Announce Fiscal First Quarter 2023 Financial Results on May 3, 2023
Wednesday Apr 19 2023 at 08:00
SAN JOSE, Calif., April 19, 2023 (GLOBE NEWSWIRE) — Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the first quarter of fiscal 2023 ended April 1, 2023, after the market closes on May 3, 2023.
Zacks Investment Research
Infinera (INFN) Moves 7.7% Higher: Will This Strength Last?
Wednesday Mar 15 2023 at 04:37
Infinera (INFN) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn’t suggest further strength down the road.
Reuters
Exclusive: Semiconductor manufacturer Infinera explores sale -source
Tuesday Mar 14 2023 at 12:08
Infinera Corp , a U.S. manufacturer of semiconductors for the telecommunications industry that competes with China’s Huawei, is exploring options that include a sale of the company, according to a person familiar with the matter.
Zacks Investment Research
Infinera (INFN) Surpasses Q4 Earnings and Revenue Estimates
Thursday Feb 23 2023 at 20:19
Infinera (INFN) delivered earnings and revenue surprises of 77.78% and 11.63%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
Infinera Corporation (INFN) Q4 2022 Earnings Call Transcript
Thursday Feb 23 2023 at 20:05
Infinera Corporation (NASDAQ:INFN ) Q4 2022 Earnings Conference Call February 23, 2023 5:00 PM ET Company Participants Amitabh Passi – Head of Investor Relations David Heard – Chief Executive Officer Nancy Erba – Chief Financial Officer Conference Call Participants Alex Henderson – Needham Andrew King – Rosenblatt Securities George Notter – Jefferies LLC Simon Leopold – Raymond James Joe Cardoso – JPMorgan Fahad Najam – Loop Capital Meta Marshall – Morgan Stanley Dave Kang – B. Riley Jim Suva – Citi Operator Good day, everyone, and welcome to the Infinera Corporation Q4 2022 Earnings Conference Call.
Seeking Alpha
Infinera: Short-Term Pain, But ICE6 And Pluggables Should Drive Long-Term Growth
Wednesday Dec 28 2022 at 03:56
ICE6 grabs over 30 percent of product revenue in the quarter, including from several large customers – projected to be at 20-25 percent of full-year revenue for 2022. When taking into account the company absorbed over $50 million in supply chain cost in 2022, expected revenue growth for full-year 2022 is a solid performance.
Zacks Investment Research
Infinera (INFN) Shows Fast-paced Momentum But Is Still a Bargain Stock
Wednesday Dec 21 2022 at 10:32
Infinera (INFN) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our ‘Fast-Paced Momentum at a Bargain’ screen.
Investors Business Daily
Charter Stock Dives On Higher Capital Spending While Supplier Harmonic Gains
Wednesday Dec 14 2022 at 11:36
Shares in Charter Communications tumbled on its plans to hike capital spending while network equipment supplier Harmonic jumped on the news. The post Charter Stock Dives On Higher Capital Spending While Supplier Harmonic Gains appeared first on Investor’s Business Daily.
Zacks Investment Research
3 Stocks to Watch for in a Flourishing Networking Industry
Wednesday Nov 23 2022 at 13:33
The Zacks Computer – Networking industry players like CSCO, INFN and RDCM are poised to benefit from accelerated 5G deployment, robust demand for network security and the growing prominence of smart networking.
Seeking Alpha
Infinera Corporation (INFN) Q3 2022 Earnings Call Transcript
Wednesday Nov 02 2022 at 23:09
Infinera Corporation (NASDAQ:INFN ) Q3 2022 Earnings Conference Call November 2, 2022 5:00 PM ET Company Participants Amitabh Passi – Head of Investor Relations David Heard – Chief Executive Officer Nancy Erba – Chief Financial Officer Conference Call Participants Catherine Trebnick – MKM Partners Dave Kang – B. Riley Alex Henderson – Needham Mike Genovese – Rosenblatt Securities Simon Leopold – Raymond James Meta Marshall – Morgan Stanley Fahad Najam – Loop Capital Jim Suva – Citigroup George Notter – Jefferies Angela Jin – JPMorgan Alex Henderson – Needham Operator Ladies and gentlemen, thank you for standing by, and welcome to Infinera Corp. Third Quarter 2022 Earnings Call.
Zacks Investment Research
Infinera (INFN) Surpasses Q3 Earnings and Revenue Estimates
Wednesday Nov 02 2022 at 19:35
Infinera (INFN) delivered earnings and revenue surprises of 400% and 2.58%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
Seeking Alpha
Infinera: Use Of 5G Would Imply Higher Stock Price
Friday Oct 07 2022 at 06:32
Infinera Corporation supplies networking solutions, software, and services. INFN works for industries that expect significant growth. Ultimate users of INFN use technologies like 4G/5G mobile broadband, cloud-based services, and the Internet of Things.
InvestorPlace
The Forever Battery That Promises to Change the EV Industry
Monday Aug 29 2022 at 11:47
Source: AlexKaplun / Shutterstock [Editor’s note: “The Forever Battery That Promises to Change the EV Industry ” was previously published in December 2021 . It has since been updated to include the most relevant information available.
The Motley Fool
Why Infinera Stock Is Plummeting Today
Wednesday Aug 03 2022 at 12:28
The communications hardware maker’s stock is now down roughly 46% year to date.
Seeking Alpha
Infinera Corporation (INFN) CEO David Heard on Q2 2022 Results – Earnings Call Transcript
Thursday Jul 28 2022 at 20:34
Infinera Corporation (NASDAQ:INFN ) Q2 2022 Earnings Conference Call July 28, 2022 5:00 PM ET Company Participants Amitabh Passi – Investor Relations David Heard – Chief Executive Officer Nancy Erba – Chief Financial Officer Conference Call Participants Rod Hall – Goldman Sachs Alex Henderson – Needham Michael Genovese – Rosenblatt Securities Simon Leopold – Raymond James Meta Marshall – Morgan Stanley Jim Suva – Citigroup George Notter – Jefferies Operator Good day. My name is Savannah and I will be your conference operator today.
Zacks Investment Research
Infinera (INFN) Reports Q2 Loss, Tops Revenue Estimates
Thursday Jul 28 2022 at 18:44
Infinera (INFN) delivered earnings and revenue surprises of 28.57% and 2.27%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
InvestorPlace
The Forever Battery That Promises to Change the EV Industry
Tuesday Jun 28 2022 at 14:41
Over the next few years, forever battery technology will transform the EV industry — and, indeed, the entire electronics world. The post The Forever Battery That Promises to Change the EV Industry appeared first on InvestorPlace.
24/7 Wall Street
5 Well Known ‘Strong Buy’ Stocks Trading Under $10 with Incredible Upside Potential
Saturday Jun 18 2022 at 06:45
While most of Wall Street focuses on large and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
24/7 Wall Street
Goldman Sachs Has 5 Well-Known Buy-Rated Stocks Under $10 With Solid Upside Potential
Saturday Jun 04 2022 at 06:10
While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
24/7 Wall Street
5 Well-Known ‘Strong Buy’ Stocks Trading Under $10 With Incredible Upside Potential
Saturday May 28 2022 at 06:05
While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
The Motley Fool
Why Infinera Stock Is Plummeting Today
Wednesday May 04 2022 at 11:49
The optical technologies stock is now down roughly 32% year to date.
Seeking Alpha
Infinera Corporation (INFN) CEO David Heard on Q1 2022 Results – Earnings Call Transcript
Tuesday May 03 2022 at 23:38
Infinera Corporation (NASDAQ:INFN ) Q1 2022 Earnings Conference Call May 3, 2022 5:00 PM ET Company Participants Amitabh Passi – Head Of Investor Relations David Heard – Chief Executive Officer Nancy Erba – Chief Financial Officer Conference Call Participants Michael Genovese – Rosenblatt Securities Alex Henderson – Needham Meta Marshall – Morgan Stanley Simon Leopold – Raymond James Rod Hall – Goldman Sachs George Notter – Jefferies Jim Suva – Citigroup Fahad Najam – Loop Capital Operator Ladies and gentlemen, thank you for standing by, and welcome to the Infinera Corp. First Quarter 2022 Earnings Call. All lines have been placed on mute to prevent any background noise.
Zacks Investment Research
3 Networking Stocks to Watch for in a Prospering Industry
Wednesday Apr 27 2022 at 10:49
The Zacks Computer – Networking industry players like CSCO, INFN and INTZ are poised to benefit from accelerated 5G deployment, robust demand for network security and growing prominence of smart networking.
24/7 Wall Street
Goldman Sachs Has 5 Stocks Trading Under $10 With 100% or More Upside Potential
Saturday Mar 05 2022 at 06:05
While most of Wall Street focuses on large-cap and mega-cap stocks, as they provide a degree of safety and liquidity, many investors are limited in the number of shares they can buy.
Infinera Bankruptcy Risk
The Altman Z-score is a formula that measures a company’s financial health and bankruptcy risk. It assigns a numerical score based on various financial ratios. The Z-score is divided into different zones. If the Z-score is above 2.99, it indicates a lower bankruptcy risk, classifying the company as ‘safe’ or ‘non-distressed’. If the score falls below 1.81, it suggests a higher risk, indicating potential financial distress or bankruptcy. The range between 1.81 and 2.99 is called the ‘gray zone’ or zone of ambiguity.
Learn more at Investopediaopen_in_new
Infinera’s Altman Z-score is 0.22 which is in the distress zone. This indicates a higher risk of financial distress and potential bankruptcy for the company. It can serve as a warning sign of significant financial challenges, requiring careful consideration by potential investors.
Derived from SEC.GOV filing dataopen_in_new
Infinera Insider Trading
Insider trading is when individuals employed by a company buy or sell its securities following legal procedures and regulations. Company executives, directors, and employees may be permitted to buy or sell shares if they follow specific rules, such as filing a Form 4 with the SEC within two business days.
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Over the last 3 months, 1 insider has bought $41.35K of common stock in Infinera on the stock market with no insider selling.
Derived from SEC.GOV filing dataopen_in_new
Debt & Income Analysis
Income quality measures a company’s operating cash flow to net income ratio. It helps investors and analysts assess the sustainability of a company’s earnings. A high QIR indicates strong cash flows, while a low QIR may indicate non-operating activities driving net income.
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Infinera’s Income Quality of -2.17 is lower than its Industry Group of 0.41 (-629.3% lower)
Infinera’s Income Quality of -2.17 is lower than its Major Industry Group of 0.7 (-410.0% lower)
Infinera’s Income Quality of -2.17 is lower than its Sector of 0.75 (-389.3% lower)
Derived from SEC.GOV filing dataopen_in_new
Current ratio measures a company’s ability to pay off short-term debt with its current assets (assets that a company expects to use up or convert to cash within a year). It represents the $ amount of current assets a company has for every $1 of short-term debt. A high current ratio above 1.0 indicates that a company can meet its short-term obligations, while a low current ratio below 1.0 suggests difficulty.
Learn more at Investopediaopen_in_new
Infinera’s Current Ratio of 1.68 is lower than its Industry Group of 1.92 (-12.5% lower)
Infinera’s Current Ratio of 1.68 is lower than its Major Industry Group of 2.37 (-29.1% lower)
Infinera’s Current Ratio of 1.68 is lower than its Sector of 2.6 (-35.4% lower)
Derived from SEC.GOV filing dataopen_in_new
Value Analysis
PE ratio (price-to-earnings), measures a company’s stock price relative to its earnings per share. It helps investors evaluate whether its stock is overvalued or undervalued. A higher PE ratio indicates that investors are willing to pay more for a company’s earnings, while a lower PE ratio (above zero) suggests the company could be undervalued.
Learn more at Investopediaopen_in_new
Cannot compare a negative PE Ratio (-130.53 & -0.56)
Cannot compare a negative PE Ratio (-130.53 & -0.02)
Cannot compare a negative PE Ratio (-130.53 & -0.4)
Derived from SEC.GOV filing dataopen_in_new
The PB ratio (price-to-book), measures a company’s stock price relative to its book value (net value of a company’s assets reported on its balance sheet, after subtracting debt) per share. It is used to evaluate a company’s valuation, with a lower PB ratio (above zero) indicating a lower valuation and a higher PB ratio suggesting overvaluation.
Learn more at Investopediaopen_in_new
Infinera’s PB Ratio of 5.58 is greater than its Industry Group of 1.17 (376.9% greater)
Infinera’s PB Ratio of 5.58 is greater than its Major Industry Group of 1.76 (217.0% greater)
Infinera’s PB Ratio of 5.58 is greater than its Sector of 1.62 (244.4% greater)
Derived from SEC.GOV filing dataopen_in_new
Efficiency Analysis
ROE (Return on Equity), is a financial ratio that measures a company’s profitability relative to its shareholders’ equity (the amount of value in a company that belongs to the people who own shares). It indicates how efficiently a company generates profits per unit of equity invested. A high ROE suggests effective use of equity, while a low ROE indicates inefficiency.
Learn more at Investopediaopen_in_new
Infinera’s ROE of -0.04 is greater than its Industry Group of -0.05 (20.0% greater)
Infinera’s ROE of -0.04 is lower than its Major Industry Group of -0.01 (-300.0% lower)
Infinera’s ROE of -0.04 is lower than its Sector of -0.03 (-33.3% lower)
Derived from SEC.GOV filing dataopen_in_new
ROCE (Return on Capital Employed), is a financial ratio that measures a company’s profitability relative to the amount of capital invested in its operations. It indicates how well a company is generating profits from its capital investments. A high ROCE suggests effective use of capital, while a low ROCE indicates inefficiency.
Learn more at Investopediaopen_in_new
Infinera’s ROCE of 0.02 is greater than its Industry Group of -0.02 (200.0% greater)
Cannot compute a percentage difference when there are zeros in the calculation
Infinera’s ROCE of 0.02 is greater than its Sector of -0.04 (150.0% greater)
Derived from SEC.GOV filing dataopen_in_new