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Infinera Corp. - INFN STOCK NEWS

Welcome to our dedicated news page for Infinera (Ticker: INFN), a resource for investors and traders seeking the latest updates and insights on Infinera.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Infinera's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Infinera's position in the market.

News
Infinera GX Series Powers Paratus Superhighway Network Between Johannesburg and Europe
Rhea-AI Summary
Infinera's GX Series and FlexILS solutions power Paratus Group's superhighway network between Johannesburg and Europe, offering the lowest-latency express route with 123 milliseconds and supporting wavelengths up to 800G. The network provides unparalleled capacity, redundancy, and high-speed performance, ensuring seamless data flow and uninterrupted services. Paratus is the landing partner for the Equiano subsea cable, guaranteeing diverse routing and geographically separated paths. Infinera's technology mitigates cable station faults, keeping the network fully functional 24/7. Paratus aims to provide network operators in South Africa with the fastest and most robust connectivity to Europe.
Rhea-AI Impact
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End-of-Day
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News
Aire Networks Deploys Infinera’s ICE-X Intelligent Coherent Pluggable Solution to Increase Capacity of Its Single-fiber Network
Rhea-AI Summary
Infinera (INFN) collaborates with Aire Networks to enhance single-fiber network capacity in Spain and Portugal using ICE-X solution, enabling ultra-high-speed transmissions and efficient services.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.21%
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News
Infinera to Showcase Advances in Optical Networking Solutions at OFC 2024
Rhea-AI Summary
Infinera (INFN) unveils its vision and strategy at OFC 2024, focusing on terabit era connectivity. The company showcases innovative solutions like GX Series, ICE-X 800G, ICE-X 400G, ICE-D, and Open Wave Network Automation. Infinera aims to reduce costs, enhance flexibility, and increase capacity, offering industry-leading optical transport platforms.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
4.57%
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News
Infinera and Orange International Network Establish Long-term Partnership to Optimize Network Infrastructure Across Europe
Rhea-AI Summary
Infinera partners with Orange to enhance international backbone network with high-capacity connectivity. The collaboration aims to improve services for wholesale customers as bandwidth demands increase, utilizing Infinera's GX Series platform.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
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partnership
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Infinera Corporation Announces Notification of Delinquency with Nasdaq
Rhea-AI Summary
Infinera (INFN) received a delinquency notification letter from Nasdaq for not filing its Annual Report on Form 10-K for the year ended December 30, 2023. Nasdaq requires Infinera to submit a compliance plan by May 14, 2024, to address the issue.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.97%
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News
Infinera Announces New Line of High-performance 1.6 Tb/s Optics to Reduce Power per Bit by up to 75% for AI-driven Intra-Data Center Connectivity Applications
Rhea-AI Summary
Infinera (INFN) introduces ICE-D, a high-speed intra-data center optics line, utilizing monolithic indium phosphide technology to offer speeds of 1.6 Tb/s. The technology aims to reduce costs and power consumption, meeting the increasing demand for high-speed intra-data center connectivity driven by AI workloads and switched network applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.44%
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AI
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Australia’s NBN Selects Infinera’s GX Series Platform and ICE-X Intelligent Coherent Pluggables to Upgrade National Broadband Network
Rhea-AI Summary
Infinera (INFN) partners with NBN Co to upgrade Australia's broadband network with Infinera's GX Series platform and ICE-X intelligent coherent pluggables. The deployment across nbn's 60,000-kilometer fiber optic transport network aims to enhance network capacity, increase traffic aggregation efficiencies, and deliver high-speed services cost-effectively.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.35%
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News
DriveNets and Infinera Complete Joint Solution Certification of Infinera ZR/ZR+ Optical Modules with DriveNets Network Cloud
Rhea-AI Summary
DriveNets and Infinera announce successful testing and certification of ICE-X ZR/ZR+ modules, offering a converged network infrastructure to lower operators' OpEx. The joint solution simplifies network management, supports greater distances, and promotes open networking solutions.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.47%
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News
Infinera Corporation Announces Preliminary Unaudited Fourth Quarter 2023 Financial Results
Rhea-AI Summary
Infinera Corporation (INFN) released preliminary financial results for Q4 2023, showing expected revenue of $435-452 million, GAAP gross margin of 38.0-40.0%, and non-GAAP net income per diluted share of $0.07-$0.13. CEO David Heard highlighted strong performance, with expectations of revenue growth, margin expansion, and earnings per share growth for 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-11.8%
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earnings
News
Infinera Announces Availability of Next Generation Multi-haul Optical Line System Functionality for Industry-leading GX Series Platform
Rhea-AI Summary
Infinera (INFN) unveils next-gen multi-haul optical line system on GX Series platform, offering increased capacity and design wins from leading customers. The GX OLS solution aims to provide cost-effective, agile, and carrier-grade features to network operators.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.99%
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Stock INFN logo
Infinera Corp.

Nasdaq:INFN

INFN Rankings

#2308 Ranked by Market Cap
#4579 Ranked by Stock Gains
N/A Ranked by Dividends

INFN Stock Data

1.11B
228.20M
1.39%
100.95%
19.68%
Telephone Apparatus Manufacturing
Manufacturing
Link
US
Sunnyvale

About INFN

infinera empowers network operators to scale network bandwidth, accelerate service innovation and automate optical network operations. service providers, cloud operators, governments and enterprises across the globe rely on infinera intelligent transport networks to enable services that create rich end-user experiences based on efficient, high-bandwidth optical networking. infinera was founded with the vision of enabling an infinite pool of intelligent bandwidth that the next communications infrastructure is built upon. intelligent transport networks from infinera deliver on this founding vision by enabling network operators to offer new services that address the increasing demand for bandwidth. infinera provides an end-to-end portfolio of packet-optical solutions for the long-haul, metro and cloud. infinera is redefining optical networking. infinera intelligent transport networks help network operators exploit the increasing demand for cloud-based services and data center connectivity