Infinera Corporation (INFN)
| Market Cap | 2.10B |
| Revenue (ttm) | 1.36B |
| Net Income (ttm) | -155.78M |
| Shares Out | 202.64M |
| EPS (ttm) | -0.81 |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | June 16 |
| Last Price | $10.19 |
| Previous Close | $10.23 |
| Change ($) | -0.05 |
| Change (%) | -0.44% |
| Day's Open | 10.25 |
| Day's Range | 10.03 - 10.29 |
| Day's Volume | 2,533,210 |
| 52-Week Range | 5.54 - 11.51 |
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...
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...
Check out these compelling companies specializing in cloud-based data management, optical technology, and radio-frequency identification.
SAN JOSE, Calif., April 20, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the first quarter of fiscal 2021 ended March 27, 2...
Which optical technology company is a better overall investment?
SAN JOSE, Calif., March 24, 2021 (GLOBE NEWSWIRE) -- Virgin Media Business and Infinera today announced the deployment of Infinera's XTM Series on Virgin Media's Virgin Infinity Ring, a high-capacity op...
DUBLIN, Ireland and SAN JOSE, Calif., March 11, 2021 (GLOBE NEWSWIRE) -- EllaLink announced today that it has successfully completed the marine installation of the industry's lowest-latency trans-Atlant...
Infinera and two other oft-overlooked stocks should appeal to value-seeking tech investors.
New full fiber technology could support a scaled rollout of multi-gigabit speeds to Virgin Media's customers in the future New full fiber technology could support a scaled rollout of multi-gigabit speed...
The optical solutions provider's revenue growth should accelerate in the second half of 2021.
Infinera (INFN) delivered earnings and revenue surprises of 333.33% and -1.07%, respectively, for the quarter ended December 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Infinera (NASDAQ:INFN) fell after the company reported Q4 results. Quarterly Results Earnings per share were up 333.33% year over year to $0.13, which beat the estimate of $0.02.
SAN JOSE, Calif., Feb. 23, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its fourth quarter and fiscal year ended December 26, 2020.
Infinera (NASDAQ:INFN) announces its next round of earnings this Tuesday, February 23. Here is Benzinga's everything-that-matters guide for this Tuesday's Q4 earnings announcement.
SUNNYVALE, Calif., Feb. 16, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Allo Technology Sdn Bhd (Allo), a wholly owned subsidiary of Tenaga Nasional Berhad (TNB), announced today the deployment...
SUNNYVALE, Calif., Feb. 10, 2021 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the fourth quarter and fiscal year 2020 ended Dece...
SUNNYVALE, Calif., Jan. 27, 2021 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that Softdados deployed Infinera's GX Series Compact Modular Platform and XTM Series across its metro and lon...
Infinera Corporation's equity capital has been almost wiped off by its accumulated deficit. The company is presently following a restructuring plan to reduce costs and enhance efficiencies. The restruct...
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Infinera and two other tech companies could be lifted by fresh tailwinds next year.
SUNNYVALE, Calif., Dec. 21, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that KPU Telecommunications, a local provider of residential and business communications services owned by th...
Strong demand for communication services and bullish chart patterns are acting as catalysts for moves higher across the sector.
SSE Enterprise Telecoms Expands High-capacity Fiber Network with Infinera, Enabling 5G Across the UK
SUNNYVALE, Calif., Dec. 01, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that SSE Enterprise Telecoms, one of the UK's leading connectivity providers, has selected Infinera's XTM Ser...
SUNNYVALE, Calif., Nov. 16, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today it has joined the Innovative Optical and Wireless Network (IOWN) Global Forum, a consortium formed by Nippon ...
SUNNYVALE, Calif., Nov. 10, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that Tom Fallon, Chief Executive Officer, David Heard, Chief Operating Officer, and Nancy Erba, C...
The optical solutions provider remains a solid secular growth stock.
Infinera Corporation (INFN) CEO Tom Fallon on Q3 2020 Results - Earnings Call Transcript
Infinera (INFN) delivered earnings and revenue surprises of 140.00% and 1.10%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
SUNNYVALE, Calif., Nov. 05, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) today released financial results for its third quarter ended September 26, 2020.
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.
SUNNYVALE, Calif., Oct. 27, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) is proud to announce a contract award with the U.S. Department of Energy (DOE)'s Energy Sciences Network (ESnet) to build the...
SUNNYVALE, Calif. , Oct. 22, 2020 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) announced today that it will release its financial results for the third quarter of fiscal 2020 ended September ...
SUNNYVALE, Calif., Oct. 22, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today a collaboration between Telecom Infra Project (TIP) and Telefónica Peru to commercially deploy a TIP-develope...
SUNNYVALE, Calif. and BOSTON, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) and Seaborn Networks (Seaborn), a leading developer-owner-operator of submarine fiber optic cable systems, announc...
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.
Infinera: 800G Around The Corner Presents Potential Buying Opportunity
But the two companies provided very different outlooks for the current quarter.
About INFN
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...]
| Industry Communication Equipment | IPO Date Jun 7, 2007 |
| CEO Thomas Fallon | Employees 3,050 |
| Stock Exchange NASDAQ | Ticker Symbol INFN |
Financial Performance
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.
Analyst Forecasts
According to 14 analysts, the average rating for Infinera stock is "Buy." The 12-month stock price forecast is 10.92, which is an increase of 7.22% from the latest price.