Last $16.69 USD
Change Today -0.30 / -1.77%
Volume 3.2M
INFN On Other Exchanges
Symbol
Exchange
Berlin
NASDAQ GS
As of 8:10 PM 01/26/15 All times are local (Market data is delayed by at least 15 minutes).

infinera corp (INFN) Snapshot

Open
$16.95
Previous Close
$16.99
Day High
$17.05
Day Low
$16.60
52 Week High
01/23/15 - $17.49
52 Week Low
01/29/14 - $6.96
Market Cap
2.1B
Average Volume 10 Days
2.9M
EPS TTM
$0.10
Shares Outstanding
125.3M
EX-Date
--
P/E TM
159.5x
Dividend
--
Dividend Yield
--
Current Stock Chart for INFINERA CORP (INFN)

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infinera corp (INFN) Details

Infinera Corporation provides optical transport networking (OTN) equipment, software, and services to communications service providers, Internet content providers, cable operators, and subsea network operators worldwide. It offers Infinera DTN Platform that utilizes photonic integrated circuit technology to enable digital processing and management of data to generate wavelength division multiplexing (WDM) wavelengths; and to add, drop, switch, manage, protect, and restore network traffic digitally using integrated OTN switching. The company also provides Infinera Line System, which offers optical amplification and enables the management communication channels between network nodes; and Infinera DTN-X Platform, a multi-terabit packet optical transport platform that enables service providers to manage the traffic of video, mobile, and cloud-based services, as well as for submarine network applications. In addition, it offers Infinera ATN Platform, a coarse WDM and dense WDM aggregation and transport solution; Infinera IQ Network Operating System, an embedded software operating system; and Infinera Management Suite, an element management system used to manage DTN, DTN-X, and ATN platforms. Further, the company provides a range of support services for various hardware and software products. It markets and sells its products and related support services primarily through its direct sales force. Infinera Corporation was formerly known as Zepton Networks. The company was founded in 2000 and is headquartered in Sunnyvale, California.

1,495 Employees
Last Reported Date: 01/22/15
Founded in 2000

infinera corp (INFN) Top Compensated Officers

Chief Executive Officer and Director
Total Annual Compensation: $375.0K
Co-Founder, President, Director and Member of...
Total Annual Compensation: $355.3K
Senior Vice President of Worldwide Sales
Total Annual Compensation: $207.3K
Compensation as of Fiscal Year 2013.

infinera corp (INFN) Key Developments

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.

MENA Deploys Infinera Intelligent Transport Network for Multi-Terabit Capacity in Egypt

boldInfinera announced the successful deployment of the Infinera DTN-X platform across Middle East and North Africa (MENA) Submarine Cable System's trans-Egypt terrestrial network, providing multi-terabit capacity and offering network services available for customers. The Infinera Intelligent Transport Network, featuring the DTN-X packet optical transport networking platform, will allow MENA to differentiate its services and manage costs as it scales network capacity. MENA, a subsidiary of Orascom Telecom Media and Technology, owns and operates a submarine telecommunications system connecting Europe to the Middle East and Southeast Asia. Spanning three continents, MENA's infrastructure provides wholesale capacity to global networks via Asia and the Middle East. With the deployment of an Infinera Intelligent Transport Network, MENA is equipped to provide wholesale carriers with a range of connectivity services from STM-1 to 100 gigabit per second (Gb/s) and terabit capacity. MENA selected the Infinera Intelligent Transport Network, which features the only commercially available single-card 500 Gb/s FlexCoherentâ ¢ super-channel solution and is based on Infinera's widely deployed photonic integrated circuits. By integrating DWDM optical transmission and up to 12 terabits per second of non-blocking OTN switching into a single platform, these 500 Gb/s super-channels provide network operators the ability to easily scale to terabits of transmission capacity. Infinera's intelligent software, combined with this converged platform, automates network operations with the intent of reducing both operational cost and service delivery times. The Infinera DTN-X is designed to scale without compromise and is engineered to enable future upgrades to single-card terabit super-channels.

Infinera Announces Executive Appointments

Infinera has named Pete Dale as vice president of sales for Cloud and Content, and Wray Varley as vice president of Government sales. Mr. Dale and Mr. Varley will play key roles in building Infinera's business in these growing markets. Mr. Dale will be responsible for leading sales and business development for Cloud and Content customers in North America. Mr. Dale brings more than 25 years of telecommunications industry experience to Infinera. For the past 10 years, he has specialized in Cloud and Content customers for data center interconnect and long-haul transport applications, representing a variety of companies. Most recently, Mr. Dale was the senior vice president of America sales at BTI Systems. Prior to BTI, he held leadership positions at telecommunications companies including Optovia, Ciena, Internet Photonics, Lucent and Bay Networks. Mr. Varley will be responsible for driving Infinera's Government sector sales business. Prior to Infinera, Mr. Varley was the area vice president of sales at CenturyLink where he played a pivotal role on the company's Government Advanced Programs, Department of Homeland Security, Department of Justice, and Department of Energy sales and business development teams.

 

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INFN

Industry Average

Valuation INFN Industry Range
Price/Earnings 100.0x
Price/Sales 3.2x
Price/Book 4.4x
Price/Cash Flow 156.9x
TEV/Sales 2.5x
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