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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 launch of metro-optimized 400G pluggable optics solutions for its XTM and GX Series platforms. These advancements enable network operators to economically scale bandwidth amid growing demand. New modules will support various 400G optics, including XR/ZR+ optics, enhancing both point-to-point and point-to-multipoint applications. Industry leaders like Neos Networks express enthusiasm for leveraging this technology to maintain advanced optical networks. This initiative aligns with Infinera's long-term strategy of using pluggable optics in metro networking.
Infinera announced that WPD Telecoms has selected its XTM Series metro optical platform to enhance its high-capacity network across South West England. This deployment supports the rollout of a 100G/200G optical transport network, preparing for future upgrades to 400G technology. The new infrastructure will cater to rising demand for high-speed services, enabling WPD Telecoms to offer reliable 10G, 100G, and 200G connectivity. Infinera's solutions are recognized for their capacity, efficiency, and scalability, ensuring a seamless transition to advanced technologies.
Infinera Corporation (NASDAQ: INFN) will announce its financial results for Q1 fiscal 2021 on May 4, 2021, after market close. A conference call to discuss these results and the outlook for Q2 will take place the same day at 5:00 p.m. ET. Investors can access the call via audio webcast or dial-in. The replay will be available two hours after the call ends. Infinera continues to focus on innovative networking solutions for various sectors, emphasizing its end-to-end packet optical portfolio.
Virgin Media Business has deployed Infinera’s XTM Series on its Virgin Infinity Ring in Dublin, enhancing network capacity for critical sectors like finance and healthcare. This deployment allows operators to connect data centers with 10G and 100G services, improving scalability and network resilience. Aidan D’Arcy highlighted that this advancement reduces operational costs, benefiting consumers. Infinera’s XTM Series is gaining traction in Virgin Media's international networks for its high capacity and ease of installation.
Infinera (NASDAQ: INFN) has successfully completed the first point-to-multipoint coherent optical transmission trial in Latin America, using its XR optics technology over American Tower’s Passive Optical Network in Colombia. This trial demonstrates XR optics’ compatibility with current Gigabit PON traffic, showcasing the technology's capability to enhance network scalability while reducing operational costs. The outcome allows American Tower to potentially launch new 5G services, marking a shift towards efficient network architectures with improved service flexibility.
Infinera (NASDAQ: INFN) has been chosen by EllaLink to light its newly installed, low-latency trans-Atlantic cable system connecting Europe and Latin America. Utilizing Infinera's ICE6 technology, the network will support over 100 Tbps of data transmission, with significant expansions planned. EllaLink's deployment of ICE6 aims to enhance bandwidth and offer advanced services, ensuring a robust connection between major data centers. EllaLink's submarine cable spans 6,000 km, with operations set to commence in May 2021, marking a significant infrastructure advancement in global connectivity.
Infinera (NASDAQ: INFN) has announced a successful trial of its XR optics technology with Virgin Media in the UK, which could enable multi-gigabit services for customers. The trial achieved speeds of up to 400Gbps using existing fiber networks. This advancement builds on a previous trial of 10Gbps technology and aims to meet the growing demand for data driven by streaming and remote work. The technology enhances scalability and flexibility for future upgrades, promising significant improvements in broadband and mobile service delivery.
Infinera Corporation (NASDAQ: INFN) reported its fourth quarter and fiscal year financial results for 2020, showing a quarterly GAAP revenue of $353.5 million, an increase from the previous quarter but a decline from the same quarter in 2019. The company achieved a GAAP gross margin of 35.7% and a GAAP net loss of $(9.9) million, improving from previous quarters. For the fiscal year, GAAP revenue rose to $1,355.6 million. Looking ahead, Infinera projects GAAP revenue for Q1 2021 between $319 million and $339 million.
Infinera (NASDAQ: INFN) has partnered with Allo Technology Sdn Bhd to deploy its GX Series Compact Modular Platform over Allo's nationwide open optical network in Malaysia. This deployment aims to enhance connectivity services by addressing speed and coverage gaps in fixed broadband. The GX Series utilizes 600G technology and is designed for future upgrades to 800G, offering terabit capacity on demand. This collaboration is expected to support Malaysia's digital transformation and improve both residential and business connectivity.
Infinera Corporation (NASDAQ: INFN) will release its financial results for the fourth quarter and fiscal year 2020 on February 23, 2021, after market close. A conference call to discuss these results and the first quarter outlook for 2021 will be held at 5:00 p.m. ET. Interested parties can access the call through audio webcast or dial-in options. A replay will be available shortly after the call concludes. Infinera provides innovative networking solutions that help various sectors scale their network capabilities.
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