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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) 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.
Infinera Corporation (NASDAQ: INFN) will release its financial results for Q4 fiscal 2022 on February 23, 2023, after market close. A conference call to discuss these results and the outlook for Q1 fiscal 2023 is scheduled for the same day at 5:00 p.m. ET. Participants can register for the call via the provided link, and a live audio webcast will be available on Infinera's investor relations site. The replay will be accessible approximately two hours post-call. Infinera specializes in open optical networking solutions aimed at enhancing bandwidth, accelerating service innovation, and automating network operations.
Infinera (NASDAQ: INFN) has been selected by the Louisiana Board of Regents for the Louisiana Optical Network Infrastructure (LONI) to enhance its optical networking capabilities. The upgrade includes the deployment of four 400G optical channels over a 220-mile route, increasing network capacity by tenfold. LONI connects 38 university campuses and facilitates research and education across the state. Infinera's XTM Series open line system and GX Series transponders provide scalable bandwidth solutions, enhancing data transfer capabilities and flexibility for users. The state-of-the-art network will support advancements in scientific discovery and collaboration.
Infinera (NASDAQ: INFN) has announced the deployment of its ICE6 800G coherent optical solution to enhance the trans-Pacific Unity Submarine Cable System, which connects Japan and the U.S. This upgrade will double the system's capacity, allowing for up to 7.4 Tb/s per fiber pair, while extending the cable's lifespan by nearly 25%. The upgrade will minimize costs and maximize efficiency for operators. The Unity system is a consortium that includes major players like Google and KDDI Corp. Infinera's technology aims to meet growing bandwidth demands on both sides of the Pacific, enhancing service quality for customers.
Infinera successfully implemented a 3.6-terabit network for a major telecommunications operator in the Middle East to meet the increased demand during the 2022 FIFA World Cup. This deployment utilized Infinera's ICE6 800G technology and was completed rapidly to support one of the world's largest streaming platforms. The upgrade ensured high-quality connectivity for nearly 1.5 million visitors and local streaming for 500,000 users daily. Beyond Technology, Infinera's partner, executed this project, underlining their efficiency in handling significant international projects.
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