Report
Ilya Kundozerov
EUR 101.80 For Business Accounts Only

Infinera Posts Decent 4Q Results and Guides For Stronger 2018; Maintain $7 FVE

Infinera’s fourth-quarter results were slightly better on the top and bottom lines compared with our expectations. The positive results were primarily driven by large ICP providers, which deployed Infinera’s recently released products based on ICE4. The company also executed a previously announced restructuring plan, which is aimed to improve the firm’s profitability profile after a dismal 2017. Infinera’s expectations for 2018 have improved as the firm is planning to grow its top line above 10%...
Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ilya Kundozerov

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