Last $9.13 USD
Change Today +0.06 / 0.66%
Volume 2.2M
INFN On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 07/25/14 All times are local (Market data is delayed by at least 15 minutes).

infinera corp (INFN) Snapshot

Open
$8.95
Previous Close
$9.07
Day High
$9.15
Day Low
$8.82
52 Week High
10/21/13 - $11.91
52 Week Low
01/29/14 - $6.96
Market Cap
1.1B
Average Volume 10 Days
2.2M
EPS TTM
$-0.05
Shares Outstanding
122.5M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for INFINERA CORP (INFN)

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infinera corp (INFN) Details

Infinera Corporation provides optical transport networking (OTN) equipment, software, and services to communications service providers, Internet content providers, cable operators, and subsea network operators worldwide. It offers Infinera DTN Platform that utilizes photonic integrated circuit technology to enable digital processing and management of data to generate wavelength division multiplexing (WDM) wavelengths; and to add, drop, switch, manage, protect, and restore network traffic digitally using integrated OTN switching. The company also provides Infinera Line System, which offers optical amplification and enables the management communication channels between network nodes; and Infinera DTN-X Platform, a multi-terabit packet optical transport platform that enables service providers to manage the traffic of video, mobile, and cloud-based services, as well as for submarine network applications. In addition, it offers Infinera ATN Platform, a coarse WDM and dense WDM aggregation and transport solution; Infinera IQ Network Operating System, an embedded software operating system; and Infinera Management Suite, an element management system used to manage DTN, DTN-X, and ATN platforms. Further, the company provides a range of support services for various hardware and software products. It markets and sells its products and related support services primarily through its direct sales force. Infinera Corporation was formerly known as Zepton Networks. The company was founded in 2000 and is headquartered in Sunnyvale, California.

1,396 Employees
Last Reported Date: 07/23/14
Founded in 2000

infinera corp (INFN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $375.0K
Co-Founder, President, Director and Member of...
Total Annual Compensation: $355.3K
Senior Vice President, General Counsel and Se...
Total Annual Compensation: $96.9K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $207.3K
Compensation as of Fiscal Year 2013.

infinera corp (INFN) Key Developments

Infinera Corporation Provides Earnings Guidance for the Third Quarter of 2014

Infinera Corporation provided earnings guidance for the third quarter of 2014. For the third quarter of fiscal 2014, the company currently project revenue to be in the range of $165 million to $175 million. The midpoint of this range represents year-over-year growth of nearly 20%. The company currently expects GAAP EPS to be lower than non-GAAP EPS by about $0.07 per share, primarily related to stock-based compensation expense.

Infinera Corporation Reports Un-Audited Consolidated Earnings Results for the Second Quarter and Six Months Ended June 28, 2014

Infinera Corporation reported un-audited consolidated earnings results for the second quarter and six months ended June 28, 2014. For the quarter, the company reported GAAP revenue of $165.4 million compared to $142.8 million in the first quarter of 2014 and $138.4 million in the second quarter of 2013. GAAP net income was $4.8 million, or $0.04 per diluted share, compared to net loss of $4.4 million, or $0.04 per diluted share, in the first quarter of 2014, and a net loss of $10.0 million, or $0.09 per diluted share, in the second quarter of 2013. Non-GAAP net income was $13.5 million, or $0.11 per diluted share, compared to net income of $4.2 million, or $0.03 per diluted share in the first quarter of 2014, and net loss of $1.2 million, or $0.01 per diluted share, in the second quarter of 2013. The company reported income from operations of $8.1 million compared to loss from operations of $8.6 million, income before income taxes of $5.4 million compared to loss before income taxes of $9.4 million and non-GAAP income from operations of $14.9 million compared to non-GAAP loss from operations of $0.4 million for the last year. For the six months, the company reported GAAP revenue of $308.2 million compared to $263.0 million in 2013. GAAP net income was $0.4 million, or $0.00 per diluted share, compared to net loss of $25.3 million, or $0.22 per diluted share in 2013. Non-GAAP net income was $17.7 million, or $0.14 per diluted share, compared to net loss of $8.5 million, or $0.07 per diluted share, in the second quarter of 2013. The company reported income from operations of $7.0 million compared to loss from operations of $23.6 million, income before income taxes of $1.3 million compared to loss before income taxes of $24.4 million, non-GAAP income from operations of $20.5 million compared to non-GAAP loss from operations of $7.4 million, net cash used in operating activities of $5.2 million compared to $3.4 million and purchase of property and equipment of $10.0 million compared to $9.4 million for the last year.

XO Communications Deploys Infinera's Intelligent Transport Network for 100G Nationwide

Infinera and XO Communications (XO) announced the deployment of the Infinera DTN-X packet optical transport networking platform capable of delivering high bandwidth network services up to 100G across the XO nationwide network. The multi-terabit Infinera DTN-X platform also enables XO to support high-performance cloud, data and video applications nationally. With the Infinera DTN-X platform, XO benefits from the industry's only commercially available single-card 500 gigabit per second (Gb/s) FlexCoherent super-channel solution. These 500 Gb/s super-channels enable XO to rapidly deliver more than nine terabits per second (Tb/s) of transmission capacity on a single fiber. The high capacity super-channels are enabled by 500 Gb/s photonic integrated circuits (PICs) developed and fabricated by Infinera. PICs enable the DTN-X platform to integrate wavelength division multiplexing super-channel transmission with up to 12 Tb/s of non-blocking optical transport network switching, providing seamless scaling as traffic requirements grow in the future. The DTN-X also features an SDN-ready application programming interface that enables the automation of network operations to reduce both operational cost and service delivery times.

 

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