Infinera Corporation provides optical transport networking solutions, equipment, and software and services worldwide. The company's product portfolio consists of Infinera DTN-X Family of terabit-class transport network platforms, including the XTC Series, XTS Series, and XT Series; Infinera DTN-X XTC series multi-terabit packet optical transport platforms that integrate digital OTN switching and optical WDM transmission; and Infinera DTN-X XT series for terrestrial applications and XTS series for subsea applications. It also provides Infinera XTM Series packet-optical transport platform that enables high-performance metro networks with service-aware, application-specific capabilities; and Infinera Cloud Xpress Family designed to meet the varying needs of ICPs, communication service providers, Internet exchange service providers, enterprises, and other large-scale data center operators. In addition, the company offers Infinera FlexILS open line system platform that connects various Infinera and third-party terminal equipment platforms over long-distance fiber optic cable providing switching, multiplexing, amplification, and management channels. Further, it provides software solutions, including Xceed Software Suite that address long-haul, subsea, and metro networks, as well as a range of support services for all hardware and software products. The company also serves telecommunications service providers, Internet content providers, cable providers, wholesale and enterprise carriers, research and education institutions, enterprise customers, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.
Industry, Sector and Symbol
Industry Telephone & telegraph apparatus
Sub-IndustryCommunications Equipment
SectorComputer and Technology
Phone408-572-5200
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$740.74 million
Profitability
Miscellaneous
Employees2,145
Next Earnings Date5/8/2019 (Estimated)
OptionableOptionable
Infinera (NASDAQ:INFN) Frequently Asked Questions
What is Infinera's stock symbol?
Infinera trades on the NASDAQ under the ticker symbol "INFN."
How were Infinera's earnings last quarter?
Infinera Corp. (NASDAQ:INFN) announced its earnings results on Thursday, February, 21st. The communications equipment provider reported ($0.25) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.35) by $0.10. The communications equipment provider had revenue of $332.06 million for the quarter, compared to analyst estimates of $324.85 million. Infinera had a negative return on equity of 15.14% and a negative net margin of 22.40%. View Infinera's Earnings History.
When is Infinera's next earnings date?
What guidance has Infinera issued on next quarter's earnings?
Infinera updated its first quarter 2019 earnings guidance on Thursday, February, 21st. The company provided earnings per share guidance of $-0.29--0.25 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $-0.19. The company issued revenue guidance of $300-320 million, compared to the consensus revenue estimate of $327.53 million.
What price target have analysts set for INFN?
16 equities research analysts have issued 12-month price targets for Infinera's stock. Their predictions range from $5.50 to $13.00. On average, they expect Infinera's share price to reach $8.75 in the next year. This suggests a possible upside of 66.3% from the stock's current price. View Analyst Price Targets for Infinera.
What is the consensus analysts' recommendation for Infinera?
16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Infinera in the last year. There are currently 2 sell ratings, 11 hold ratings, 2 buy ratings and 1 strong buy rating for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Infinera.
Has Infinera been receiving favorable news coverage?
Press coverage about INFN stock has trended negative this week, according to InfoTrie Sentiment Analysis. The research firm scores the sentiment of media coverage by monitoring more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Infinera earned a media sentiment score of -2.1 on InfoTrie's scale. They also assigned headlines about the communications equipment provider a news buzz of 1.0 out of 10, indicating that recent media coverage is extremely unlikely to have an effect on the stock's share price in the next few days.
Are investors shorting Infinera?
Infinera saw a increase in short interest in the month of January. As of January 31st, there was short interest totalling 23,943,558 shares, an increase of 0.4% from the January 15th total of 24,039,342 shares. Based on an average daily volume of 1,306,115 shares, the short-interest ratio is presently 18.3 days. Approximately 14.0% of the company's shares are short sold. View Infinera's Current Options Chain.
Who are some of Infinera's key competitors?
Some companies that are related to Infinera include Telkom SA Ltd ADS (TLKGY), Fabrinet (FN), Plantronics (PLT), Avaya (AVYA), NetGear (NTGR), ADTRAN (ADTN), AudioCodes (AUDC), DASAN Zhone Solutions (DZSI), Akoustis Technologies (AKTS), Clearfield (CLFD), Westell Technologies (WSTL), Franklin Wireless (FKWL), Communications Systems (JCS), AltiGen Communications (ATGN) and Zoom Telephonics (ZMTP).
What other stocks do shareholders of Infinera own?
Who are Infinera's key executives?
Infinera's management team includes the folowing people:
- Mr. Thomas J. Fallon, CEO & Director (Age 57)
- Dr. David F. Welch, Founder, Chief Innovation Officer & Director (Age 58)
- Mr. Brad D. Feller, Chief Financial Officer (Age 45)
- Mr. David W. Heard, Chief Operating Officer (Age 51)
- Mr. Robert J. Jandro, Sr. VP of Worldwide Sales (Age 64)
Who are Infinera's major shareholders?
Infinera's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Oaktree Capital Management LP (11.99%), Fisher Asset Management LLC (3.41%), Dimensional Fund Advisors LP (3.16%), Elk Creek Partners LLC (2.06%), Bank of America Corp DE (1.89%) and Two Sigma Investments LP (1.14%). Company insiders that own Infinera stock include Brad Feller, David F Welch, David W Heard, Robert J Jandro and Thomas J Fallon. View Institutional Ownership Trends for Infinera.
Which major investors are selling Infinera stock?
INFN stock was sold by a variety of institutional investors in the last quarter, including Bank of New York Mellon Corp, Geode Capital Management LLC, Divisar Capital Management LLC, D. E. Shaw & Co. Inc., Dimensional Fund Advisors LP, Millennium Management LLC, BB&T Securities LLC and SG Americas Securities LLC. View Insider Buying and Selling for Infinera.
Which major investors are buying Infinera stock?
INFN stock was bought by a variety of institutional investors in the last quarter, including Oaktree Capital Management LP, Bank of America Corp DE, Elk Creek Partners LLC, Canada Pension Plan Investment Board, Squarepoint Ops LLC, Two Sigma Investments LP, Alambic Investment Management L.P. and Hsbc Holdings PLC. Company insiders that have bought Infinera stock in the last two years include Brad Feller, David W Heard, Robert J Jandro and Thomas J Fallon. View Insider Buying and Selling for Infinera.
How do I buy shares of Infinera?
Shares of INFN can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Infinera's stock price today?
One share of INFN stock can currently be purchased for approximately $5.26.
How big of a company is Infinera?
Infinera has a market capitalization of $920.45 million and generates $740.74 million in revenue each year. Infinera employs 2,145 workers across the globe.
What is Infinera's official website?
How can I contact Infinera?
Infinera's mailing address is 140 CASPIAN COURT, SUNNYVALE CA, 94089. The communications equipment provider can be reached via phone at 408-572-5200 or via email at [email protected]
MarketBeat Community Rating for Infinera (NASDAQ INFN)
MarketBeat's community ratings are surveys of what our community members think about Infinera and other stocks. Vote "Outperform" if you believe INFN will outperform the S&P 500 over the long term. Vote "Underperform" if you believe INFN will underperform the S&P 500 over the long term. You may vote once every thirty days.
