Infinera Corp Stock Price, News & Analysis

Infinera and Fastweb achieved a record-breaking optical transmission demonstration using ICE6 800G technology, spanning 1,372 kilometers. The trial showcased a single-wavelength service connectivity speed of 600 Gb/s on Fastweb’s low-latency network. This upgrade, which doubles network capacity, positions Fastweb to launch new 400 Gigabit Ethernet services. The successful implementation of Infinera’s advanced technologies ensures improved spectral efficiency and capacity for high-bandwidth demands, supporting digital transformation for enterprises and enhancing service quality.

Infinera (NASDAQ: INFN) and Telia Carrier have partnered to implement Infinera's ICE6 800G solution after a successful trial on Telia's global network, AS1299. The trial, conducted over a 2,396-km link, showcased transmission speeds of 600G and improved spectral efficiency, increasing fiber capacity by at least 50% compared to prior technologies. This deployment illustrates the benefits of open optical networking, enabling Telia to enhance service capabilities and operational efficiencies.

Infinera (NASDAQ: INFN) announces participation in the Raymond James Technology Investors Conference on December 6, 2021. The event will feature presentations by CEO David Heard, CFO Nancy Erba, and Head of Investor Relations Amitabh Passi, starting at 3:10pm EST / 12:10pm PST. Interested investors can access the webcast at investors.infinera.com under the 'Events' section.

Infinera is a global leader in open optical networking solutions, focusing on scaling network bandwidth and automating network operations.

Windstream Wholesale is expanding its 400 Gigabit wave offerings to meet increasing demand for high-bandwidth solutions. With over 30 sites already in service, this enhancement aims to provide cost-effective solutions for large wholesale and hyperscale customers. The company has established leadership in ultra-fast optical transmission and successfully demonstrated 400 Gig client-side services in April 2020. Additionally, a partnership with II-VI Incorporated focuses on developing next-gen transceivers to reduce costs and simplify network deployment.

Infinera (NASDAQ: INFN) has partnered with G8 Telecommunications to deploy its GX Series Compact Modular Platform in Brazil. This deployment enables G8 to double its long-haul network capacity, addressing the surging demand for bandwidth driven by cloud applications. Operating across key Brazilian states, G8's upgraded infrastructure supports high-capacity internet services for various customers. The GX G30 platform enhances scalability with capabilities up to 2.4 terabits per rack unit, ensuring quick service activation and competitive performance in the market.

Infinera Corporation (NASDAQ: INFN) reported financial results for Q3 2021, with GAAP revenue of $355.8 million, up from $338.2 million in Q2 2021 and $340.2 million in Q3 2020. While gross margin decreased to 33.2%, operating margin fell to (8.7)%. The net loss expanded to $(53.8) million or $(0.26) per share. Non-GAAP metrics showed revenue of $356.8 million and a reduced net loss of $(3.0) million. The outlook for Q4 projects revenue between $384 million and $399 million with improved margins.

Infinera (NASDAQ: INFN) has partnered with stc to deploy its advanced ICE6 800G technology on stc's submarine networks. This collaboration aims to enhance regional and international connectivity, significantly boosting stc's network capacity by tenfold. The upgrade will support the growing bandwidth demands and facilitate cloud service expansion. Mohammed A. Alabbadi from stc highlighted that this initiative is crucial for strengthening connectivity between Saudi Arabia and Europe, while also aligning with major projects like 2Africa and Saudi Vision Cable.

Infinera Corporation (NASDAQ: INFN) will announce its third-quarter financial results for fiscal 2021 on November 3, 2021, after market close. The company will also hold a conference call that day at 5:00 p.m. ET to discuss these results and provide insights on its fourth-quarter outlook.

Participants are encouraged to register in advance for the call, which will be accessible live and via an archived webcast. For further details, visit Infinera's investor relations website.

Infinera (NASDAQ: INFN) and Telstra have successfully deployed Infinera’s 800G coherent solution on Telstra’s international network, enhancing capacity significantly. This deployment utilizes Infinera's ICE6 technology across a 2,940 km subsea cable linking Hong Kong and Singapore, achieving a 45% capacity increase over previous tech and 20 times the original design capacity. As demand for bandwidth escalates, Telstra's upgrade allows for improved service delivery and cost-effectiveness, crucial for maintaining competitiveness in the rapidly growing APAC region.