|Bid||4.65 x 21500|
|Ask||5.50 x 21500|
|Day's Range||4.62 - 5.06|
|52 Week Range||4.11 - 12.39|
|Beta (3Y Monthly)||0.32|
|PE Ratio (TTM)||N/A|
|Earnings Date||Feb 5, 2019 - Feb 11, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||6.92|
SUNNYVALE, Calif. and MONROE, La., Nov. 12, 2018 -- CenturyLink, Inc. (NYSE: CTL), a leading global network services company, and Infinera, provider of Intelligent Transport.
CEO of Infinera Corp (NASDAQ:INFN) Thomas J Fallon bought 50,000 shares of INFN on 11/09/2018 at an average price of $4.63 a share.
If you are currently a shareholder in Infinera Corporation (NASDAQ:INFN), or considering investing in the stock, you need to examine how the business generates cash, and how it is reinvested. Read More...
The last time Investor's Business Daily checked in on Ciena stock, the fiber-optic communications systems maker's relative strength had improved amid a tech sell-off.
SUNNYVALE, Calif., Nov. 09, 2018 -- Infinera Corporation, provider of Intelligent Transport Networks, announced that it will participate in the following webcasted investor.
On November 7, the Technology Select Sector SPDR (XLK) was up 3%. Tableau (DATA), ServiceNow (NOW), Splunk (SPLK), and Square (SQ) rose 15.4%, 7.6%, 7.2%, and 7%, respectively. However, several tech stocks were negatively impacted due to poor earnings or forecasts. In this series, we’ll look at four stocks that fell over 10% yesterday. Infinera stock (INFN) fell 33.4% on November 7 to close at $4.15. The stock is currently trading 67% below its 52-week high of $12.39.
Sunnyvale-based fiber optic maker Infinera's stock dropped more than 30 percent on disappointing revenue and forecasts.
Shares crashed after the company reported weak third-quarter results and issued guidance well below expectations. Here are the must-know details for investors.
Infinera Corp. shares plunged more than 20% in after-hours trading Tuesday after the company reported declining sales ahead of a big merger. The optical-networking company recently closed its acquisition of Coriant, and Chief Executive Tom Fallon admitted in Tuesday's announcement that "we have experienced a spending pause from certain customers as they evaluate the combined company." Infinera reported a loss of $32.6 million, or 21 cents a share, on sales of $200.4 million, down from $208.2 million a year ago. After adjusting for stock-based compensation, Infinera claimed a loss of 4 cents a share, worse than an adjusted loss of a penny a share last year in the same quarter. Analysts on average expected a loss of 5 cents a share on revenue of $210 million. Infinera projected that the addition of Coriant will push revenue higher than $300 million in the fourth quarter, but also projected much bigger losses, with adjusted fourth-quarter losses expected to be 26 cents to 30 cents a share. Shares had already declined nearly 30% since the Coriant acquisition was announced, and plunged more than 20% in Tuesday's extended session, when shares were trading for less than $5, a level Infinera stock has not moved below since 2012.
Infinera (INFN) delivered earnings and revenue surprises of 0.00% and -4.93%, respectively, for the quarter ended September 2018. Do the numbers hold clues to what lies ahead for the stock?
SUNNYVALE, Calif. (AP) _ Infinera Corp. (INFN) on Tuesday reported a loss of $32.6 million in its third quarter. On a per-share basis, the Sunnyvale, California-based company said it had a loss of 21 cents. The results matched Wall Street expectations.
SUNNYVALE, Calif., Nov. 06, 2018 -- Infinera Corporation, provider of Intelligent Transport Networks, today released financial results for its third quarter ended September 29,.
A tech industry veteran with over two decades of financial management experience at large and mid-cap businesses, Brennan is Arista's Chief Financial Officer responsible for all aspects of the Company’s financial accounting, operations, controls and investor advocacy. Prior to joining Arista, she held executive management roles at Infinera Corporation (INFN), an intelligent transport networking company, and Maxtor Corporation, a multi-billion dollar information storage solutions company. Brennan is also a fellow of the Institute of Chartered Accountants and a public accounting alumna of Deloitte and Touche, having worked at the firm in both Ireland and the U.S.
SUNNYVALE, Calif. and STOCKHOLM, Sweden, Oct. 29, 2018 -- Infinera, the leading provider of Intelligent Transport Networks, and Telia Carrier, the world’s #1 Internet backbone,.
SUNNYVALE, Calif., Oct. 22, 2018 -- Infinera, provider of Intelligent Transport Networks, announced today the availability of an innovative packet-optical aggregation and.
Ciena is the IBD Stock Of The Day as the company's relative strength gains amid continued pressure on technology stocks. Analysts expect Ciena stock to get an earnings boost from the settlement of 2018 convertible debt as well as a share repurchase program.
SUNNYVALE, Calif., Oct. 15, 2018 -- Infinera Corporation today announced that it will release its financial results for the third quarter of fiscal 2018 ended September 29,.
NEW YORK, Oct. 15, 2018 -- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors,.
Infinera, provider of Intelligent Transport Networks, announced that Aloo Telecom (Aloo), one of the largest telecommunications groups in Brazil, deployed the Infinera Cloud Xpress and Infinera DTN-X to address increasing bandwidth demand on its long-haul and data center interconnect networks. Aloo serves more than 3,000 private and public-sector clients including cloud operators, internet content providers and service providers across 14 Brazilian states. As demand for capacity on Aloo's network grows, the Infinera Cloud Xpress and DTN-X with Instant Bandwidth allow Aloo to activate additional capacity in minutes and pay for the capacity as it is activated, reducing the initial cost of deployment while increasing Aloo’s competitive edge in the market.