Infinera Corporation (INFN)
|Net Income (ttm)||-129.74M|
|Day's Range||8.11 - 8.27|
|52-Week Range||5.78 - 11.51|
|Price Target||10.30 (+25.5%)|
|Est. Earnings Date||Nov 4, 2021|
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 ch... [Read more...]
In 2020, Infinera's revenue was $1.36 billion, an increase of 4.37% compared to the previous year's $1.30 billion. Losses were -$206.72 million, -46.53% less than in 2019.Financial Statements
According to 14 analysts, the average rating for Infinera stock is "Buy." The 12-month stock price forecast is 10.30, which is an increase of 25.46% from the latest price.
South Reach Networks Offers New Services Powered by Infinera's Industry-leading Open Optical Solutions
SAN JOSE, Calif., and MIAMI, Aug. 30, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and South Reach Networks (SRN) announced today that SRN's southeast U.S. long-haul and metro networks are now live....
Infinera Strengthens Executive Leadership Team to Accelerate Next Phase of Growth in New Era of Open Optical Networking
SAN JOSE, Calif., Aug. 17, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) today announced new executive appointments to strengthen its leadership team as it further aligns its business to maximize mar...
The Zacks Computer - Networking industry players like CSCO, NTCT and LTRX are poised to benefit from accelerated 5G deployment, robust demand for network security and growing prominence of smart network...
Sparkle Boosts Its Nibble Mediterranean and European Optical Backbone Capabilities, Selecting Infinera's ICE6 800G So...
SAN JOSE, Calif., Aug. 04, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Sparkle, the international service provider of TIM Group and among the top 10 global operators, selected ...
Infinera (INFN) delivered earnings and revenue surprises of 40.00% and -1.73%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
SAN JOSE, Calif., Aug. 03, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its second quarter ended June 26, 2021.
TPG Telecom Selects Infinera's ICE6 800G Solution to Boost Pacific Submarine Cable Capacity by 50 Percent
SAN JOSE, Calif. and SYDNEY, Australia, July 28, 2021 (GLOBE NEWSWIRE) -- TPG Telecom and Infinera (NASDAQ: INFN) announced today a major technology upgrade of TPG Telecom's submarine cable connecting A...
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.
SAN JOSE, Calif., July 20, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the second quarter of fiscal 2021 ended June 26, 20...
SAN JOSE, Calif., July 06, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Seaborn Networks (Seaborn), a leading developer-owner-operator of submarine fiber optic cable systems, announced today the...
The optical solutions provider is setting ambitious growth targets for 2025.
Infinera (INFN) has moved higher as of late, but there could definitely be trouble on the horizon for this company.
Infinera Corporation ( INFN , Financial) designs and builds network equipment for optical transport, which is thehigh-speed transmission of data in the form of light waves. After exiting the year near t...
PEACE Cable and PCCW Global to leverage Infinera's ICE6 for high-performance PEACE submarine cable system
SAN JOSE, Calif., June 08, 2021 (GLOBE NEWSWIRE) -- PEACE Cable International Network Co., Limited, an international submarine cable system company which is devoted to interconnected global communicatio...
SAN JOSE, Calif., June 01, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that UFINET, a neutral infrastructure wholesale operator in Latin America, selected Infinera's industry-leadin...
While market enthusiasm has limited the number of cheap stocks to buy, there are still viable opportunities available right now. The post 7 Cheap Stocks to Put on Your Buy List for June appeared first o...
SAN JOSE, Calif., May 24, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Hokkaido Telecommunications Network Co., Ltd. (HOTnet) announced today the deployment of Infinera's open optical networking...
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.
SAN JOSE, Calif., May 12, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that NBN Co, Australia's wholesale open-access broadband provider, completed a successful proof of concept of X...
Infinera (INFN) delivered earnings and revenue surprises of 50.00% and -0.13%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
SAN JOSE, Calif., May 04, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its first quarter ended March 27, 2021.
SAN JOSE, Calif., May 04, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today the availability of metro-optimized 400G pluggable optics-based solutions for the XTM Series and GX Series Comp...