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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) announced the availability of its ICE-XR, an innovative suite of intelligent coherent optical pluggable solutions for both point-to-point and point-to-multipoint applications. This technology offers up to a 70% reduction in network costs and integrates system-level functionality onto a pluggable, enabling enhanced visibility and service activation. Trials for ICE-XR will begin in the latter half of 2022, with general availability expected by year-end. Additionally, Infinera introduced the Open Optical Toolkit, aimed at assisting network operators in leveraging coherent optical technology across platforms.
Windstream and Infinera have announced a partnership to enhance Windstream's optical network infrastructure through a new technology called Node-on-a-Blade. This initiative aims to transform Windstream's offerings, facilitating support for the growing demands of hyperscale customers. The collaboration will enhance the Intelligent Converged Optical Network (ICON) initiative, improving control, visibility, and automation. The advanced optical network will optimize connectivity and better support emerging technologies like 5G and cloud services.
Infinera (NASDAQ: INFN) has unveiled ICE6 Turbo, the first coherent optical solution capable of operating above 100 Gbaud. Produced in the U.S., ICE6 Turbo is a performance-enhanced version of Infinera's 1.6T ICE6 coherent optical engine, delivering up to a 30% performance boost. It enables network operators to support 4 x 400 GbE services over long-haul distances, significantly lowering costs. The solution employs advanced technologies such as Nyquist subcarriers and dynamic bandwidth allocation. ICE6 Turbo will be showcased at OFC 2022 and available in early Q4 2022.
Infinera (NASDAQ: INFN) announced the appointment of Roop Lakkaraju as a new board member and audit committee member, effective February 16, 2022. Lakkaraju, CFO of Benchmark Electronics, brings over 25 years of financial management experience. His addition aims to enhance Infinera's strategic vision and shareholder value. Concurrently, board members Tom Fallon and Kambiz Hooshmand resigned, and Marcel Gani and Mark Wegleitner will not seek re-election, reducing the board from 12 to 11 members. This reshaping of the board is expected to foster diversity and lower average tenure.
Infinera Corporation (NASDAQ: INFN) reported its fourth-quarter financial results for the year ended December 25, 2021. The company achieved GAAP revenue of $400.3 million, up from $355.8 million in Q3 2021 and $353.5 million in Q4 2020. The GAAP gross margin was 35.6%, while the net loss decreased to $(33.1) million, or $(0.16) per share. For the full year, GAAP revenue totaled $1,425.2 million, with a net loss of $(170.8) million. Looking ahead, Infinera anticipates revenue growth of 8-12% in 2022, despite ongoing supply chain challenges.
Infinera Corporation (NASDAQ: INFN) will announce its fourth quarter fiscal 2021 financial results on February 16, 2022, after market closure. A conference call to discuss the results and first quarter outlook will take place at 5:00 p.m. ET. Participants can register online for the call and access the audio webcast via Infinera's investor relations site. A replay will be available two hours post-call. This financial update comes as Infinera aims to provide clarity on its performance and future direction amid market dynamics.
Infinera and Fastweb achieved a record-breaking optical transmission demonstration using ICE6 800G technology, spanning 1,372 kilometers. The trial showcased a single-wavelength service connectivity speed of 600 Gb/s on Fastweb’s low-latency network. This upgrade, which doubles network capacity, positions Fastweb to launch new 400 Gigabit Ethernet services. The successful implementation of Infinera’s advanced technologies ensures improved spectral efficiency and capacity for high-bandwidth demands, supporting digital transformation for enterprises and enhancing service quality.
Infinera (NASDAQ: INFN) and Telia Carrier have partnered to implement Infinera's ICE6 800G solution after a successful trial on Telia's global network, AS1299. The trial, conducted over a 2,396-km link, showcased transmission speeds of 600G and improved spectral efficiency, increasing fiber capacity by at least 50% compared to prior technologies. This deployment illustrates the benefits of open optical networking, enabling Telia to enhance service capabilities and operational efficiencies.
Infinera (NASDAQ: INFN) announces participation in the Raymond James Technology Investors Conference on December 6, 2021. The event will feature presentations by CEO David Heard, CFO Nancy Erba, and Head of Investor Relations Amitabh Passi, starting at 3:10pm EST / 12:10pm PST. Interested investors can access the webcast at investors.infinera.com under the 'Events' section.
Infinera is a global leader in open optical networking solutions, focusing on scaling network bandwidth and automating network operations.
Windstream Wholesale is expanding its 400 Gigabit wave offerings to meet increasing demand for high-bandwidth solutions. With over 30 sites already in service, this enhancement aims to provide cost-effective solutions for large wholesale and hyperscale customers. The company has established leadership in ultra-fast optical transmission and successfully demonstrated 400 Gig client-side services in April 2020. Additionally, a partnership with II-VI Incorporated focuses on developing next-gen transceivers to reduce costs and simplify network deployment.
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