Infinera Corp - INFN STOCK NEWS

Infinera (NASDAQ: INFN) announced that EXA Infrastructure has successfully deployed its ICE6 800G coherent optical solution on the Trans Adriatic Express (TAE) submarine cable system, which connects Europe to Turkey via Greece and Albania. This deployment aims to address the increasing bandwidth demand and improve digital infrastructure across major cities including Milan, Tirana, and Istanbul. EXA's commitment to expanding its network capabilities highlights the growing need for reliable and scalable infrastructure in response to rising customer demands. The ICE6 solution is noted for its high capacity and efficient integration into existing systems.

Infinera (NASDAQ: INFN) and Hawaiki Submarine Cable LP have successfully completed a record-breaking trial on Hawaiki Cable, achieving over 4.5 b/s/Hz real-time subsea spectral efficiency on a 15,000 km cable connecting Australia and the U.S. This trial showcased Infinera's ICE6 800G coherent optical solution, enabling increased capacity and reduced costs for subsea operators. Hawaiki also tested Infinera's software tools for smart cable automation and rapid service activation. The results emphasize Infinera’s commitment to enhancing subsea assets' capital life and service delivery capabilities.

Infinera (NASDAQ: INFN) has successfully conducted a trial of its advanced coherent algorithms with the Australia Japan Cable (AJC), marking a significant step in optical transmission technology. The trial, spanning 7,289 kilometers from New South Wales to Guam, achieved a 17% increase in fiber pair capacity compared to existing optical engines. As demand for capacity in the Pacific grows at 35-40% annually, optimizing existing cables becomes vital. The trial utilized cutting-edge signal processing techniques to enhance the capacity of aged submarine cables, demonstrating Infinera's commitment to innovation in network solutions.

Infinera (NASDAQ: INFN) and Arelion achieved a milestone by successfully transmitting 400 Gb/s wavelengths over 1,800 km of live fiber network. Utilizing Infinera's ICE-X 400G ZR+ coherent transceiver, the trial showcased programmability, allowing for performance at 300 Gb/s and 200 Gb/s. This collaboration underlines the effectiveness of Arelion’s open networking strategy, which integrates advanced optical components to enhance bandwidth services. The trial's success not only highlights Infinera’s innovation in coherent optical technology but also strengthens its partnership with Arelion, a key player in global connectivity.

Infinera (NASDAQ: INFN) achieved a significant milestone by demonstrating 400-gigabits-per-second (400G) single-wavelength transmission over 2,400 kilometers using Corning's TXF optical fiber. This marks double the previous record for distance. The trial, featuring Infinera’s ICE-X 400G solution in UfiSpace’s routers, showcased advanced capabilities such as integrated intelligence and efficient spectrum utilization. Infinera's CTO emphasized the performance and cost-efficiency of their ICE-X pluggables, while Corning highlighted the benefits of their TXF fiber in enhancing network connectivity.

Infinera (NASDAQ: INFN) has appointed Ryan Perera as the new Senior Vice President of APAC Sales, effective immediately. Perera, who brings over 20 years of telecom experience, will spearhead the company's growth initiatives in the Asia-Pacific region, leveraging Infinera's advanced optical systems. Prior to joining Infinera, he held key leadership roles at Ciena and Nortel Networks. Senior Vice President Nick Walden expressed confidence that Perera's extensive industry relationships and expertise will enhance Infinera's performance in APAC, aiming for accelerated growth in a competitive market.

Infinera (NASDAQ: INFN) has launched enhancements to its GX Series Compact Modular Platform, introducing the new 1.2 Tb/s optical engine, ICE7, which reduces cost per bit by 30% and power consumption by 60%. These improvements enable network operators to efficiently manage increasing bandwidth demands. Key features include support for 800G transmission over distances up to 3,000 km and a multi-haul optical line system that integrates various network types. Additionally, the GX portfolio has been expanded with new chassis options and traffic management capabilities. Availability of the ICE7 optical engine is expected in the first half of 2024, reinforcing Infinera's position as an industry innovator.

Infinera (NASDAQ: INFN) has introduced a new range of coherent optical subsystems and pluggable optical engines aimed at addressing the escalating demand for bandwidth. This innovative portfolio includes high-performance transmit-receive optical sub-assemblies (TROSAs) and programmable digital signal processors (DSPs). The TROSAs utilize advanced photonic integrated circuits to enhance optical performance, while the DSPs offer interoperability and facilitate point-to-point applications. The ICE-X series of coherent pluggable solutions is set to provide enhanced automation and programmability for various network applications. Initial products are available now, with 800G solutions expected in the first half of 2024.

Infinera Corporation (NASDAQ: INFN) reported strong financial results for Q4 and the fiscal year 2022, with GAAP revenue hitting $485.9 million, a notable increase from $400.3 million in Q4 2021. The company achieved a GAAP net income of $33.5 million or $0.14 per diluted share, compared to a net loss of $(33.1) million in the year-ago quarter. For the full year, GAAP revenue grew to $1,573.2 million. CEO David Heard highlighted a significant 26% growth in product revenue for Q4, driven by the success of their ICE6 technology. Looking ahead, Infinera anticipates Q1 2023 revenue between $365 million to $395 million.