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Infinera Corp (INFN) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Infinera Corp (INFN) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Infinera Corp is an optical transport networking equipment provider. The company serves telecommunications service providers, Internet content providers, cable providers, research and education institutions, and government entities. Infinera Corp has a market cap of $833.400 million; its shares were traded at around $4.75 with and P/S ratio of 0.92.


For the last quarter Infinera Corp reported a revenue of $332.1 million, compared with the revenue of $195.8 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $943.4 million, an increase of 27.4% from last year. For the last five years Infinera Corp had an average revenue growth rate of 9.1% a year.

The reported loss per diluted share was $1.34 for the year, compared with the loss per share of $0.36 in the previous year. The Infinera Corp had an operating margin of -17.99%, compared with the operating margin of -24.51% a year before. The 10-year historical median operating margin of Infinera Corp is -5.36%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Infinera Corp has the cash and cash equivalents of $203.0 million, compared with $116.3 million in the previous year. The long term debt was $462.0 million. Infinera Corp has a financial strength rank of 5 (out of 10).

At the current stock price of $4.75, Infinera Corp is traded at 53.6% discount to its historical median P/S valuation band of $10.24. The P/S ratio of the stock is 0.92, while the historical median P/S ratio is 1.92. The stock lost 57.44% during the past 12 months.

For the complete 20-year historical financial data of INFN, click here.

This article first appeared on GuruFocus.