Infinera Corp Stock Price, News & Analysis

Infinera (NASDAQ: INFN) has partnered with Hokkaido Telecommunications Network Co., Ltd. (HOTnet) to deploy advanced open optical networking solutions, enhancing HOTnet’s high-speed fiber optic network in Hokkaido, Japan. This deployment utilizes Infinera’s GX Series and 7100 Series platforms, enabling HOTnet to meet growing bandwidth demands and provide reliable services, including data center connectivity and broadband access. The collaboration is expected to facilitate economic growth in Hokkaido by improving network infrastructure and service differentiation.

Infinera (NASDAQ: INFN) has expanded its open optical networking solutions with the introduction of ICE-XR pluggables. This new suite, leveraging XR optics technology, targets both point-to-point and point-to-multipoint transport applications. The ICE-XR pluggables offer support for transport rates of 100G, 400G, and 800G, enhancing network performance and reducing operational complexity. Infinera claims potential total cost of ownership savings of up to 70%. Initial deployments are expected in 2022.

Infinera (NASDAQ: INFN) announced a successful proof of concept with NBN Co, Australia’s wholesale broadband provider, using its XR optics technology. The trial showcased XR optics' integration within the nbn Transit Network, demonstrating its ability to simplify network architecture and reduce capital (CapEx) and operational (OpEx) expenditures. The technology provides multiple 100 Gb/s capacity subdivisions, aiding in dynamic capacity management. This initiative marks a significant development for enhancing network capabilities to meet the growing data demands in Australia.

Infinera Corporation (NASDAQ: INFN) reported Q1 2021 financial results with GAAP revenue of $330.9 million, slightly down from $353.5 million in Q4 2020 and $330.3 million in Q1 2020. The GAAP gross margin for the quarter was 35.4%, a slight decrease from 35.7% in Q4 2020. The GAAP net loss widened to $(48.3) million or $(0.24) per share. Non-GAAP revenue was $331.9 million, with a gross margin of 37.6%. For Q2 2021, the outlook is for GAAP revenue of $344 million +/- $10 million.

Infinera (NASDAQ: INFN) announced the launch of metro-optimized 400G pluggable optics solutions for its XTM and GX Series platforms. These advancements enable network operators to economically scale bandwidth amid growing demand. New modules will support various 400G optics, including XR/ZR+ optics, enhancing both point-to-point and point-to-multipoint applications. Industry leaders like Neos Networks express enthusiasm for leveraging this technology to maintain advanced optical networks. This initiative aligns with Infinera's long-term strategy of using pluggable optics in metro networking.

Infinera announced that WPD Telecoms has selected its XTM Series metro optical platform to enhance its high-capacity network across South West England. This deployment supports the rollout of a 100G/200G optical transport network, preparing for future upgrades to 400G technology. The new infrastructure will cater to rising demand for high-speed services, enabling WPD Telecoms to offer reliable 10G, 100G, and 200G connectivity. Infinera's solutions are recognized for their capacity, efficiency, and scalability, ensuring a seamless transition to advanced technologies.

Infinera Corporation (NASDAQ: INFN) will announce its financial results for Q1 fiscal 2021 on May 4, 2021, after market close. A conference call to discuss these results and the outlook for Q2 will take place the same day at 5:00 p.m. ET. Investors can access the call via audio webcast or dial-in. The replay will be available two hours after the call ends. Infinera continues to focus on innovative networking solutions for various sectors, emphasizing its end-to-end packet optical portfolio.

Virgin Media Business has deployed Infinera’s XTM Series on its Virgin Infinity Ring in Dublin, enhancing network capacity for critical sectors like finance and healthcare. This deployment allows operators to connect data centers with 10G and 100G services, improving scalability and network resilience. Aidan D’Arcy highlighted that this advancement reduces operational costs, benefiting consumers. Infinera’s XTM Series is gaining traction in Virgin Media's international networks for its high capacity and ease of installation.

Infinera (NASDAQ: INFN) has successfully completed the first point-to-multipoint coherent optical transmission trial in Latin America, using its XR optics technology over American Tower’s Passive Optical Network in Colombia. This trial demonstrates XR optics’ compatibility with current Gigabit PON traffic, showcasing the technology's capability to enhance network scalability while reducing operational costs. The outcome allows American Tower to potentially launch new 5G services, marking a shift towards efficient network architectures with improved service flexibility.