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Infinera Corporation, trading under the symbol INFN, is a leading global supplier of innovative open optical networking solutions. The company was established with the vision of creating an infinite pool of intelligent bandwidth, central to the future of communication infrastructure. Infinera empowers network operators, including service providers, cloud operators, governments, and enterprises, to scale network bandwidth, drive service innovation, and automate optical network operations.
Infinera’s extensive portfolio comprises networking equipment, software, and services. Their offerings include optical transport platforms, converged packet-optical transport platforms, compact modular platforms, optical line systems, coherent optical subsystems, a suite of automation software offerings, and professional and support services. This comprehensive portfolio meets the diverse needs of fixed line and mobile network operators, telecommunications service providers, internet content providers, cable providers, wholesale carriers, research and education institutions, large enterprises, utilities, and government entities globally.
The company’s Intelligent Transport Networks play a crucial role in enabling network operators to respond to the rapid increase in bandwidth demand driven by cloud-based services and data center connectivity. For instance, Infinera’s ICE-X solution leverages digital subcarrier technology to transmit up to 200 Gb/s per wavelength on a single fiber, enhancing the service capacity significantly. This technology has been instrumental in partnerships with operators like Aire Networks to deliver high-quality services efficiently.
Recent achievements include collaborations with major players like APFutura and Aire Networks, where Infinera’s advanced technology, such as ICE-X, has demonstrated substantial improvement in network efficiency and capacity. Furthermore, the deployment of the GX Series and ICE7 technologies in simulated networks like Telstra InfraCo’s intercity network displays Infinera’s capability to increase data transmission rates and overall network capacity by integrating cutting-edge fiber optics.
Financially, Infinera has shown consistent growth. The company reported a GAAP revenue of $453.5 million in the recent quarter, reflecting a continuous upward trend from the previous quarters and years. Despite challenges such as supply chain issues and competitive market pressures, Infinera maintains a robust financial position with substantial developments in their product offerings and market reach. The company also announced positive financial outlooks and continued investor confidence, positioning itself for strong future demand cycles.
Infinera’s commitment to innovation extends to its partnerships, like the recent deployment of advanced networking solutions with Paratus Group, showcasing their ability to enhance connectivity and infrastructure resilience across regions.
For more detailed updates and insights on Infinera Corporation’s performance, projects, and financial health, investors and stakeholders can explore further at www.infinera.com.
Infinera (NASDAQ: INFN) has been selected by the Asia-Africa-Europe-1 (AAE-1) Consortium to provide its ICE6 coherent 800G solution, which will significantly enhance submarine network capacity. This upgrade will more than double the current capacity to exceed 100 Tb/s, marking a historic milestone in submarine network upgrades. AAE-1 spans 25,000 kilometers, connecting 19 countries and offering low-latency routes. The deployment reflects a vital step in addressing rising international connectivity demands, leveraging innovative optical transmission technology.
Infinera (NASDAQ: INFN) successfully delivered 800G optical transmission using its ICE6 technology over GlobalConnect Carrier’s live long-haul network. This advancement enhances GlobalConnect's northern Europe network, consisting of over 100,000 kilometers of fiber and 3,300 access nodes. Achieving error-free transmission at 800G across 770 kilometers from Stockholm to Malmö, Infinera’s technology allows network operators to expand capacity and reduce costs. The collaboration exemplifies the benefits of open optical networking.
Infinera Corporation (INFN) reported Q1 2022 GAAP revenue of $338.9 million, down from $400.3 million in Q4 2021. Gross margin also declined to 32.9% from 35.6%. The net loss was $(41.9) million, or $(0.20) per share, worsening from $(33.1) million in the previous quarter. Non-GAAP results echoed this trend, with revenues at $338.9 million and a net loss of $(14.0) million. Despite strong demand and record backlog, challenges from supply chain disruptions and the suspension of operations in Russia impacted performance. Outlook for Q2 2022 expects revenue to range between $350 million and $370 million.
Arctic Wolf announces the appointment of Duston Williams as the new chief financial officer (CFO)Gregor McCole, who will transition to the role of senior vice president of Financial Planning and Analysis (FP&A). Arctic Wolf aims to leverage Williams' expertise to enhance its financial performance and expand as a leader in security operations.
Infinera Corporation (NASDAQ: INFN) announced that it will release its financial results for Q1 FY 2022 on May 3, 2022, after market close. A conference call to discuss these results and provide an outlook for Q2 FY 2022 will be held on the same day at 5:00 PM ET. Participants can register via the provided link. An audio webcast of the call will be available for live access and replay on their investor website. Infinera specializes in open optical networking solutions, aimed at enhancing network bandwidth and operations.
Infinera announced that NexGen Networks has deployed its GX Series Compact Modular Platform to enhance service offerings for financial firms and global enterprises. This upgrade allows NexGen to meet increasing bandwidth demand, providing scalable 100G services with future potential for 200G, 400G, and 800G. The solution enables low-cost, high-efficiency network services across various connections, benefiting clients in major financial hubs globally. Commentary from both NexGen and Infinera highlights the partnership's significance in meeting growing capacity needs and future-proofing NexGen’s network.
Infinera (NASDAQ: INFN) and PCCW Global have successfully completed a significant deployment on the PEACE cable system, enhancing capacity between Marseille, Cyprus, and Abu Talat. Utilizing Infinera's ICE technology, PCCW Global can now provide up to 25 terabits per fiber pair, significantly increasing capacity on critical Middle Eastern and Mediterranean routes. This upgrade supports the growing demand for cloud-based services and positions the PEACE system as the first open cable system in the Mediterranean, facilitating improved connectivity for operators in the region.
Infinera (NASDAQ: INFN) has partnered with Hetzner Online to deploy its ICE6 solution, enhancing the data center operator's network in Germany. This launch allows for transmission speeds up to 800 Gb/s and doubles capacity for Hetzner's services. The ICE6 technology supports 3 x 400 GbE services using a single optical engine, meeting increasing customer bandwidth needs. Hetzner is the first in Germany to utilize this technology, which is key in addressing the growing demand for data services in the region.
Infinera (NASDAQ: INFN) announced that Gulf Bridge International (GBI) has deployed its Infinite Capacity Engine (ICE) technology, enhancing capacity on GBI’s Smart Network. This deployment supports GBI's new Capacity Protection Program, aimed at providing improved customer service and reliability, especially during major events like the upcoming World Cup in Qatar. Infinera's solutions enable GBI to meet increasing data demands across submarine and terrestrial networks, ensuring seamless connectivity for billions of viewers.
Infinera (NASDAQ: INFN) and Zayo Group have set a world record by successfully completing the longest known terrestrial 800G optical wavelength in a commercial network, measuring 1,044.51 km from Springville, Utah to Reno, Nevada. This achievement enhances the capacity of Zayo’s fiber network, allowing for more cost-effective services and meeting growing bandwidth demands. Infinera's ICE6 technology played a crucial role in this advancement, positioning both companies at the forefront of network innovation.
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