Welcome to our dedicated page for Infinera Corporation news (Ticker: $INFN), a resource for investors and traders seeking the latest updates and insights on Infinera Corporation stock.
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 Corporation'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 Corporation's position in the market.
Rhea-AI Summary
Infinera (INFN) receives top scores in the 2024 Lightwave Innovation Reviews for its optical networking solutions, including the GX Multi-haul Open Optical Line System, ICTR140 TROSA, and WA'A 400G DSP. The products offer enhanced capacity, performance, and versatility, earning praise from industry experts.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.37%
Tags
-
Rhea-AI Summary
Infinera Corporation (NASDAQ: INFN) plans to file its Quarterly Report on Form 10-Q for Q3 2023 by February 29, 2024, and release preliminary financial results for Q4 2023 on March 6, 2024. The company expects strong revenue and net income performance for Q4 supported by robust bookings. However, due to ongoing processes, there might be delays in filing the Annual Report on Form 10-K for the fiscal year ended December 30, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.17%
Tags
-
Rhea-AI Summary
Infinera (INFN) announced that Orange deployed Infinera’s GX Series-based ICE6 coherent solution on its new AMITIE subsea cable, providing ultra-low latency transatlantic connectivity. This deployment significantly reduces Orange’s energy cost per megabit and minimizes its carbon footprint, positioning Orange as a major player in the global wholesale market.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
Rhea-AI Summary
Infinera Corporation (INFN) reaffirms preliminary unaudited financial results for Q3 and outlook for Q4 2023, expecting strong performance. The company also submitted a plan of compliance to Nasdaq to address regaining compliance with listing rules.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.9%
Tags
-
Rhea-AI Summary
Infinera (INFN) partners with Xarxa Oberta de Catalunya to deploy XTM Series to meet growing broadband demands of government networks in Catalonia, Spain. Xarxa Oberta tests ICE6 solution to run optical signals up to 800G, enhancing network capabilities. Infinera's XTM Series equips Xarxa Oberta with innovative packet optical transport solutions for flexible, reliable high-capacity connectivity with low power consumption.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.74%
Tags
-
Rhea-AI Summary
Infinera (Nasdaq: INFN) has been selected by Western James Bay Telecom Network (WJBTN) to expand connectivity services to rural communities in northern Ontario, Canada. With Infinera's optical networking solution based on the Infinera XTM Series, WJBTN can deliver flexible, reliable, and cost-effective high-bandwidth solutions to its residential, business, and government customers. The partnership aims to support economic development, education, and telehealth access in the region's challenging terrains.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
Tags
Rhea-AI Summary
Infinera (NASDAQ: INFN) will participate in the Raymond James TMT and Consumer Conference on December 4, 2023. The webcast will feature CEO David Heard and VP of Investor Relations Amitabh Passi at 3:25pm EDT / 12:25pm PDT. For more details, visit the webcast link provided or investors.infinera.com under 'Events & Presentations'.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
8.74%
Tags
-
Rhea-AI Summary
Infinera (INFN) has been awarded a $14 million CalCompetes grant by the California Governor’s Office of Business and Economic Development to expand and modernize its U.S.-based domestic production of next-generation semiconductors. The grant will enable Infinera to continue driving innovation in compound semiconductor and photonic integrated circuit technologies, contributing to America’s economic and national security in semiconductor innovation, manufacturing, and supply chain resilience.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.9%
Tags
-
Rhea-AI Summary
Infinera (NASDAQ: INFN) received a delinquency notification letter from Nasdaq due to the failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023. Nasdaq requires Infinera to submit a plan of compliance by January 9, 2024, addressing how it intends to regain compliance with Nasdaq’s listing rules. Infinera is committed to working with its auditors to file the Form 10-Q as soon as practicable and to submit the Plan promptly to regain compliance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.18%
Tags
Rhea-AI Summary
Infinera Corporation (NASDAQ: INFN) released preliminary financial results for Q3 2023, exceeding revenue and margin expectations, with a strong outlook for Q4. The company experienced growth in revenue, gross margin, and operating margin compared to the same period last year.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.59%
Tags
Infinera Corporation
Nasdaq:INFN
INFN Rankings
INFN Stock Data
1.21B
228.20M
1.39%
100.95%
19.68%
Telephone Apparatus Manufacturing
Manufacturing
United States of America
SAN JOSE
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