Last $17.18 USD
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infinera corp (INFN) Key Developments

Infinera Announces Deployment of DTN-X Platform by Equinix

Infinera announced on that its DTN-X packet optical transport networking platform has been deployed across the Equinix locations in Frankfurt, Toronto and Singapore. The Infinera Intelligent Transport Network, featuring the DTN-X platform, enables Equinix to offer differentiated services and increase network efficiency as it scales its global network capacity to address the rapid growth in demand for 10, 40 and 100 GB/s data centre interconnect services.

Equinix Deploys Infinera to Connect Data Centers in Frankfurt, Toronto and Singapore

Infinera announced the deployment of the Infinera DTN-X packet optical transport networking platform across the Equinix locations in Frankfurt, Toronto and Singapore. The Infinera Intelligent Transport Network, featuring the DTN-X platform, enables Equinix to offer differentiated services and increase network efficiency as it scales its global network capacity to address the rapid growth in demand for 10, 40 and 100 gigabit per second (Gb/s) data center interconnect services. With the Infinera DTN-X platform, Equinix can deliver capacity of 100 Gb/s coherent transmission via 500 Gb/s super-channels, featuring a forward-scale design to support 1.2 terabit per second (Tb/s) super-channels in the future. The high capacity super-channels are enabled by 500 Gb/s photonic integrated circuits (PICs) developed and fabricated by Infinera - the only supplier delivering 500 Gb/s of transmission capacity from a single line card. PICs enable the DTN-X platform to integrate wavelength division multiplexing super-channel transmission with up to 12 Tb/s of non-blocking optical transport network (OTN) switching, which is designed to provide seamless scaling for meshed traffic as Equinix's requirements grow in the future. The DTN-X also features SDN-ready application programming interfaces that are engineered to enable network programmability and automation of network operations to reduce both operational cost and service delivery times while enabling new services.

Infinera Corporation Presents at Stifel, Nicolaus Technology, Internet & Media Conference, Feb-09-2015 09:45 AM

Infinera Corporation Presents at Stifel, Nicolaus Technology, Internet & Media Conference, Feb-09-2015 09:45 AM. Venue: The Westin St. Francis, San Francisco, California, United States. Speakers: Brad D. Feller, Chief Financial Officer and Senior Vice President of Finance, Thomas J. Fallon, Chief Executive Officer and Director.

Infinera Corporation Announces Unaudited Consolidated Earnings Results for Fourth Quarter and Full Year Ended Dec. 27, 2014; Provides Earnings Guidance for First Quarter of 2015

Infinera Corporation announced unaudited consolidated earnings results for fourth quarter and full year ended Dec. 27, 2014. For the quarter, the company reported total revenue of $186,306,000, income from operations of $12,866,000, income before income taxes of $10,093,000, net income of $8,410,000 or $0.06 per diluted share compared to the total revenue of $139,092,000, loss from operations of $7,081,000, loss before income taxes of $9,764,000, net loss of $10,178,000 or $0.08 per diluted share for the same quarter a year ago. Non-GAAP net income for the quarter was $17,963,000 or $0.13 per diluted share, compared to net loss of $190,000 or breakeven on an earnings per share basis, in the fourth quarter of 2013. CapEx was $9 million or about 5% of revenue as the company continue to make investments to further scale business. For the year, the company reported total revenue of $668,079,000, income from operations of $27,342,000, income before income taxes of $16,412,000, net income of $13,659,000 or $0.11 per diluted share compared to the total revenue of $544,122,000, loss from operations of $24,186,000, loss before income taxes of $30,465,000, net loss of $32,119,000 or $0.27 per diluted share for the previous year. Net cash provided by operating activities was of $35,963,000 compared to $35,180,000 a year ago. Purchase of property and equipment was of $23,122,000 compared to $21,065,000 a year ago. Non-GAAP net income for the quarter was $49,783,000 or $0.39 per diluted share, compared to net income of $4,021,000 or $0.03 per share, in the fourth quarter of 2013. The company provided outlook for the first quarter of fiscal 2015. The company currently project revenue in the range of $180 million to $190 million, a tremendous expectation in a quarter where typical seasonality in the industry would be a sequential decline of above 15%. The company believe guidance is supported by the continued strong demand for DTN-X on both new and existing routes across a diverse customer base, growing momentum from Cloud Xpress, an exceptional backlog entering the year and some benefits related to calendar year-end money. The company project non-GAAP gross margin in first quarter to be 44%, plus or minus 100 basis points, as we continue to demonstrate our ability to deliver strong margins in line with our midterm business model. The company projects non-GAAP EPS to be $0.10 per diluted share, plus or minus a couple of pennies. As for GAAP EPS, The company expects it to be lower than non-GAAP EPS by about $0.07 per share, primarily due to stock-based compensation expense.

Infinera Corporation Presents at The Goldman Sachs Technology & Internet Conference, Feb-11-2015 11:40 AM

Infinera Corporation Presents at The Goldman Sachs Technology & Internet Conference, Feb-11-2015 11:40 AM. Venue: Palace Hotel, 2 New Montgomery Street, San Francisco, California, United States. Speakers: Brad D. Feller, Chief Financial Officer and Senior Vice President of Finance, Thomas J. Fallon, Chief Executive Officer and Director.

 

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