INFN - Infinera Corporation

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
-0.03 (-0.45%)
As of 3:28PM EDT. Market open.
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Previous Close5.50
Bid5.46 x 2200
Ask5.47 x 2200
Day's Range5.45 - 5.59
52 Week Range2.80 - 6.33
Avg. Volume2,423,266
Market Cap982.199M
Beta (3Y Monthly)0.48
PE Ratio (TTM)N/A
EPS (TTM)-2.35
Earnings DateNov 4, 2019 - Nov 8, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est6.16
Trade prices are not sourced from all markets
  • Thomson Reuters StreetEvents

    Edited Transcript of INFN earnings conference call or presentation 7-Aug-19 9:00pm GMT

    Q2 2019 Infinera Corp Earnings Call

  • Is Infinera Corporation's (NASDAQ:INFN) CEO Pay Justified?
    Simply Wall St.

    Is Infinera Corporation's (NASDAQ:INFN) CEO Pay Justified?

    Tom Fallon has been the CEO of Infinera Corporation (NASDAQ:INFN) since 2010. This analysis aims first to contrast CEO...


    [video]5G Rollouts Should Provide a Sales Lift to Beaten-Down Telecom Equipment Firms

    A number of telecom equipment suppliers sport low valuations following years of seeing very little growth. 5G network rollouts should provide them with a bit of a lift.

  • GlobeNewswire

    Telefónica Deutschland Modernizes Transport Network for 5G with Infinera DRX Series

    Infinera (INFN) announced today that Telefónica Deutschland, a Tier 1 operator in Germany, selected the Infinera DRX Series to modernize its nationwide mobile transport network. The Infinera DRX Series, a disaggregated router family that combines a carrier-class white box portfolio with the field-proven and scalable Infinera CNOS software, enables Telefónica Deutschland to prepare its nationwide mobile transport network for 5G mobile services with scale, efficiency, and automation.

  • GlobeNewswire

    Infinera Announces XR Optics – Game-changing Technology for Transport Network Transformation

    Infinera (INFN) today introduced XR optics, the industry’s first point-to-multipoint coherent optical subcarrier aggregation technology optimized for hub-and-spoke traffic patterns. XR optics is engineered to break the inherent limitations of traditional point-to-point optical transmission solutions and paves the way for disruptive network economics and a paradigm shift in transport architectures. Powered by independently routable Nyquist subcarriers and coherent optical aggregation capabilities, XR optics will enable network operators to design more efficient, flexible, and cost-effective transport networks optimized for the applications driving network growth.

  • GlobeNewswire

    OTEGLOBE Doubles Subsea Network Capacity with Infinera Deployment

    Infinera (INFN) announced today that OTEGLOBE deployed Infinera’s industry-leading fourth-generation Infinite Capacity Engine (ICE4) technology to double the capacity on its international subsea network on the subsea links between Greece and Italy that form an essential part of OTEGLOBE’s European network. Infinera’s ICE4 technology delivered the terabit capacity and reach OTEGLOBE required for its unrepeatered subsea cables, enabling the company to meet the increasing demands of its wholesale customers.

  • GlobeNewswire

    RETN Uses Infinera to Power New TRANSKZ Network for Europe-Asia Connectivity

    Infinera (INFN) announced today that RETN, an international network service provider, used Infinera’s fourth-generation Infinite Capacity Engine (ICE4)-based platform to power RETN’s TRANSKZ network and complete its latest phase upgrade in May 2019. The new terrestrial solution connecting Europe and Asia provides the first true alternative to existing subsea cable systems. RETN is one of the fastest-growing independent European providers of Internet transit and connectivity services.

  • Here's Why Infinera (NASDAQ:INFN) Can Afford Some Debt
    Simply Wall St.

    Here's Why Infinera (NASDAQ:INFN) Can Afford Some Debt

    Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

  • GlobeNewswire

    NBN Co Adopts Infinera Transcend Network Automation Solution to Enhance Australia’s Open-access Broadband Network

    SUNNYVALE, Calif., Sept. 09, 2019 -- Infinera (NASDAQ: INFN) announced today that NBN Co, Australia’s wholesale open-access broadband provider, installed self-healing.

  • GlobeNewswire

    Infinera Reports Inducement Grant Under NASDAQ Listing Rules

    SUNNYVALE, Calif., Aug. 26, 2019 -- Infinera (NASDAQ: INFN) announced today, as required by NASDAQ Stock Market Rules, equity inducement awards to Nancy Erba, Infinera’s new.

  • GlobeNewswire

    Infinera to Participate in Upcoming Investor Conferences

    SUNNYVALE, Calif., Aug. 21, 2019 -- Infinera (NASDAQ: INFN) announced today that it will participate in the following investor conferences: Jefferies 2019 Semiconductor,.

  • Don't Waste Your Money on Penny Stocks: These 3 Stocks Are Better Buys
    Motley Fool

    Don't Waste Your Money on Penny Stocks: These 3 Stocks Are Better Buys

    There are plenty of top alternatives across the market.

  • Is It Finally Safe to Buy Infinera?
    Motley Fool

    Is It Finally Safe to Buy Infinera?

    The latest earnings report suggests this cyclical stock may have finally bottomed out.

  • Infinera Corp (INFN) Q2 2019 Earnings Call Transcript
    Motley Fool

    Infinera Corp (INFN) Q2 2019 Earnings Call Transcript

    INFN earnings call for the period ending June 29, 2019.

  • Infinera Benefits From Coriant Acquisition
    Motley Fool

    Infinera Benefits From Coriant Acquisition

    The company's numbers in its latest report weren't great in absolute terms, but the pipeline continues to grow and management believes that it's on pace to return to profitability by the end of the year.

  • Why Infinera Stock Is Surging Today
    Motley Fool

    Why Infinera Stock Is Surging Today

    Shares pop after the company reports better-than-expected second-quarter results and offers optimistic guidance.

  • Why Infinera Stock Rose 32.6% in July
    Motley Fool

    Why Infinera Stock Rose 32.6% in July

    The telecommunications equipment company addressed outlook concerns with an investor webcast.

  • Infinera (INFN) Reports Q2 Loss, Lags Revenue Estimates

    Infinera (INFN) Reports Q2 Loss, Lags Revenue Estimates

    Infinera (INFN) delivered earnings and revenue surprises of 17.24% and -1.18%, respectively, for the quarter ended June 2019. Do the numbers hold clues to what lies ahead for the stock?

  • GlobeNewswire

    Infinera Corporation Reports Second Quarter 2019 Financial Results

    SUNNYVALE, Calif., Aug. 07, 2019 -- Infinera Corporation, provider of Intelligent Transport Networks, today released financial results for its second quarter ended June 29,.

  • 3 Stocks Expected to Swing More Than 20% After Earnings
    Schaeffer's Investment Research

    3 Stocks Expected to Swing More Than 20% After Earnings

    INFN and DDD bears will be hoping for repeat performances from last quarter

  • Some Infinera (NASDAQ:INFN) Shareholders Have Copped A Big 60% Share Price Drop
    Simply Wall St.

    Some Infinera (NASDAQ:INFN) Shareholders Have Copped A Big 60% Share Price Drop

    Infinera Corporation (NASDAQ:INFN) shareholders should be happy to see the share price up 24% in the last month. But...

  • What the Acacia Acquisition Means for Cisco Stock

    What the Acacia Acquisition Means for Cisco Stock

    Most Cisco Systems (NASDAQ:CSCO) shareholders apparently cheered Cisco's acquisition of optical communication technology company Acacia Communications (NASDAQ:ACIA), as the already-overbought Cisco stock rose following the announcement of the deal. It's possible that many of those investors, however, don't fully understand the significance of the transaction.Source: Shutterstock The networking giant will bolster the breadth and depth of its fiber optic tech portfolio by officially making Acacia, which was already a CSCO supplier, part of the Cisco family.It's a development that merits a look beyond simple explanations, though, even for the non-tech layperson who happens to hold Cisco stock. Although the deal won't immediately boost Cisco stock price, the transaction sets the stage for Cisco stock to rally beginning in 2020.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Another Smart DealCisco CEO Chuck Robbins has made clear since he took the helm in 2015 that Cisco would use what's now a $35 billion war chest to invest in bolt-on businesses. And that's what he's been doing. Shortly before the $2.6 billion offer was made to Acacia, Cisco announced its intent to acquire Sentryo. In January, it bought Singularity Networks. In 2018, Cisco acquired six companies.The Acacia deal is another big step down a mostly-underestimated path that Cisco is already traveling, though. With Acacia, CSCO now has something it can offer network operators that will have to use fiber optic solutions to handle the massive data loads which the advent of 5G connections will create.In short, Acacia's wares, known as coherent optical interconnect products, facilitate so-called long-haul optical communications that can travel thousands of miles.Acacia's products are the perfect complement to Cisco's large-scale networking portfolio, though they also bolster the "inside the data center" optical networking technology that CSCO obtained through last year's acquisition of Luxtera. Coherent Technology Is the Inevitable FutureCoherent technology is a vague term used to describe using light-based signals to communicate at 100G speeds (and beyond) for long, long distances.Cisco didn't invent it, exactly. Arguably, it was smaller rival Ciena (NYSE:CIEN) that laid the ground work for long-distance fiber optic communications a decade ago. Ciena hasn't been able to commercialize the technology the way Cisco appears it will be able to, however.5G wireless speeds are set to effectively be three to four times faster than 4G connections, though in practical theory, they could be ten or twenty times faster. That makes 5G a potential alternative to wire-based internet communications.For perspective, Cisco forecasts that global coherent traffic will reach 13.2 exabytes per day in 2022, up from 4.1 exabytes per day in 2017. 5G devices will spur much of that new traffic.The catch is that radio signals can only travel so far, and cross-country communications can't be handled by radio. They have to be carried by a physical line at least some of the way. Fiber optics, or optical networking, are the only way to do that. And to make optical networking feasible, many 100G-capable fiber optic lines will have to be laid down. That, of course, is where Cisco's coherent technology will come in. Looking Ahead for Cisco StockThe coherent optical technology hardware market is expected to be worth $70 billion by 2026, according to Acumen Research and Consulting. That's more revenue than Cisco produced over the course of the past four reported quarters, pointing to a tremendous growth opportunity and a huge potential positive catalyst for Cisco stock.Current and prospective owners of Cisco stock may not want to celebrate just yet, however. Other players are gunning for a piece of that market. The aforementioned Ciena is one of them. NeoPhotonics (NYSE:NPTN) is another. Infinera (NASDAQ:INFN) is still another.Only a handful of players can offer a soup-to-nuts solution, though.Jimmy Yu, vice president and industry analyst for the Optical Transport program with Dell'Oro Group, explains: "Once Cisco concludes this acquisition, four optical system vendors will have in-house capability for developing and producing the key components for coherent line cards. The four system vendors are Cisco, Ciena, Huawei, and Infinera."Of the four, Cisco stands out as the one most operators are willing to bet will be around and available into the future, with the least risk of running into political turbulence. That's good news for CSCO and Cisco stock price.The 5G-driven growth of Cisco's coherent technology arm may not materialize until next year, but given its potential, Cisco stock could plausibly start to reflect that opportunity this year.As of this writing, James Brumley did not hold a position in any of the aforementioned securities. You can learn more about him at his website, or follow him on Twitter, at @jbrumley. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 A-Rated Stocks Under $10 * 8 Monthly Dividend Stocks to Buy for Consistent Income * 7 Disruptive Biotech Stocks to Buy for 2025 The post What the Acacia Acquisition Means for Cisco Stock appeared first on InvestorPlace.

  • GlobeNewswire

    Nancy Erba to Assume Role as New Infinera Chief Financial Officer

    SUNNYVALE, Calif., Aug. 01, 2019 -- Infinera (NASDAQ: INFN) announced today the appointment of Nancy Erba as Senior Vice President, Strategic Finance, effective immediately,.

  • Earnings Preview: Infinera (INFN) Q2 Earnings Expected to Decline

    Earnings Preview: Infinera (INFN) Q2 Earnings Expected to Decline

    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.