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 PRESS RELEASE

Infinera GX Series Powers Paratus Superhighway Network Between Johanne...

Infinera GX Series Powers Paratus Superhighway Network Between Johannesburg and Europe SAN JOSE, Calif., April 18, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that Paratus Group, a leading network provider in Africa, deployed Infinera’s  and FlexILS solutions to offer the lowest-latency express route between Johannesburg and Lisbon, delivering services with a latency of 123 milliseconds and supporting wavelengths up to 800G. Infinera’s solutions were deployed on the recently completed 1,890-km Paratus express fiber link between Johannesburg and Europe, via Botswana to...

 PRESS RELEASE

Aire Networks Deploys Infinera’s ICE-X Intelligent Coherent Pluggable ...

Aire Networks Deploys Infinera’s ICE-X Intelligent Coherent Pluggable Solution to Increase Capacity of Its Single-fiber Network SAN JOSE, Calif., April 08, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that Aire Networks, a subsidiary of Grupo Aire, deployed Infinera’s software-programmable solution to expand the capacity of its single-fiber network infrastructure across Spain and Portugal. The ability of Infinera’s innovative ICE-X solution to provide ultra-high-speed transmissions over a single fiber in a pluggable form factor enables Aire Networks to continue to mee...

Dave Nicoski ... (+2)
  • Dave Nicoski
  • Ross LaDuke

Vital Signs: Actionable charts

In this product we rank the most positive and negative domestic stocks, filter the symbols by market-cap and trading volume, and then divide the companies into sectors and groups. We then manually look through charts leadership/changes, bottoms-up/top-down ideas, short-term patterns that may have long-term significance, etc. We believe you will find this product valuable as significant price and relative moves begin in the daily charts.

 PRESS RELEASE

Infinera to Showcase Advances in Optical Networking Solutions at OFC 2...

Infinera to Showcase Advances in Optical Networking Solutions at OFC 2024 SAN JOSE, Calif., March 20, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that it will showcase key elements of its multiyear vision and strategy for connecting the world in the terabit era at , to be held March 26-28 in San Diego, California. Delivering the lowest cost and power per bit while dramatically increasing flexibility, Infinera solutions include groundbreaking innovations in coherent optics, the latest advances in networking technology, and a new suite of open automation tools to enable...

 PRESS RELEASE

Infinera and Orange International Network Establish Long-term Partners...

Infinera and Orange International Network Establish Long-term Partnership to Optimize Network Infrastructure Across Europe SAN JOSE, Calif., March 18, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today a new partnership with Orange, one of the world’s leading telecommunications operators. This partnership sets the foundation for a collaboration on Orange’s international backbone network. Orange selected compact modular networking platform based on its ability to provide high-capacity connectivity with excellent economics. This solution will enable Orange to continue to deli...

 PRESS RELEASE

Infinera Corporation Announces Notification of Delinquency with Nasdaq

Infinera Corporation Announces Notification of Delinquency with Nasdaq SAN JOSE, Calif., March 15, 2024 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that it received an expected delinquency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on March 15, 2024 (the "Notice"). The Notice indicated that Infinera was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Annual Report on Form 10-K for the year ended December 30, 2023 (the “Form 10-K”), as described ...

 PRESS RELEASE

Infinera Announces New Line of High-performance 1.6 Tb/s Optics to Red...

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 SAN JOSE, Calif. , March 14, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today , a new line of high-speed intra-data center optics based on monolithic indium phosphide (InP) photonic integrated circuit (PIC) technology. ICE-D optics are designed to dramatically lower cost and power per bit while providing intra-data center connectivity at speeds of 1.6 terabits per second (Tb/s) and greater. This technology enables da...

 PRESS RELEASE

Australia’s NBN Selects Infinera’s GX Series Platform and ICE-X Intell...

Australia’s NBN Selects Infinera’s GX Series Platform and ICE-X Intelligent Coherent Pluggables to Upgrade National Broadband Network SAN JOSE, Calif., March 14, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that NBN Co (nbn), Australia’s wholesale open-access broadband provider, has selected platform and to help upgrade its nationwide optical network. The combined solution, spanning metro, regional and long-haul transport, will expand the capacity of nbn’s nationwide network and enable the company to enhance delivery of high-speed services to its wholesale customers....

 PRESS RELEASE

Infinera Corporation Announces Preliminary Unaudited Fourth Quarter 20...

Infinera Corporation Announces Preliminary Unaudited Fourth Quarter 2023 Financial Results SAN JOSE, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) ("Infinera" or the “Company”) today released preliminary financial results for its fourth quarter ended December 30, 2023. For the fourth quarter, Preliminary revenue is expected to be $435 million to $452 million, compared to the Company’s prior outlook of $421 million to $451 million.The resulting preliminary GAAP gross margin is expected to be 38.0% to 40.0%, compared to the Company’s prior outlook of 37.3%...

 PRESS RELEASE

Infinera Announces Availability of Next Generation Multi-haul Optical ...

Infinera Announces Availability of Next Generation Multi-haul Optical Line System Functionality for Industry-leading GX Series Platform SAN JOSE, Calif., March 06, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today commercial availability of next generation multi-haul optical line system (OLS) functionality on the compact modular networking platform, the industry’s most flexible optical transport solution. Designed for both web-scale operators and communications service providers (CSPs), the enhanced GX platform provides the lowest cost and power per bit solution and the gr...

 PRESS RELEASE

Infinera’s Award-winning Optical Networking Solutions Recognized and H...

Infinera’s Award-winning Optical Networking Solutions Recognized and Honored by 2024 Lightwave Innovation Reviews SAN JOSE, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today its industry-leading optical networking solutions have been recognized as some of the best in the industry by the esteemed . A panel of judges comprising experts from the optical communications community awarded Infinera with outstanding scores of 4.0 and 4.5, some of the highest-ranking scores, for delivering excellent products with technical features and performance that provide clea...

 PRESS RELEASE

Infinera Corporation to Announce Preliminary Unaudited Fourth Quarter ...

Infinera Corporation to Announce Preliminary Unaudited Fourth Quarter Fiscal 2023 Financial Results and Outlook for the First Quarter of Fiscal 2024 on March 6, 2024 SAN JOSE, Calif., Feb. 15, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) ("Infinera” or the “Company”) announced today that it intends to file its Quarterly Report on Form 10-Q for the third quarter of 2023 on or before February 29, 2024. The Company will also release its preliminary, unaudited financial results for the fourth quarter of fiscal 2023 and provide the Company’s outlook for the first quarter of fi...

 PRESS RELEASE

Orange Deploys Infinera’s GX Series to Power AMITIE Subsea Cable, Deli...

Orange Deploys Infinera’s GX Series to Power AMITIE Subsea Cable, Delivering Global Connectivity on the World’s Busiest Route SAN JOSE, Calif., Jan. 15, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that Orange deployed coherent solution on its new AMITIE subsea cable, which is ready for service today from an end-to-end point of view and offers network operators unique and robust transatlantic connectivity with ultra-low latency. Orange selected Infinera’s solution based on its industry-leading optical performance to offer up to 400 GbE services to its customers from t...

 PRESS RELEASE

Infinera Expects Preliminary Fourth Quarter 2023 Revenue and Net Incom...

Infinera Expects Preliminary Fourth Quarter 2023 Revenue and Net Income per Diluted Share to be Within or Exceed the Outlook Ranges Provided on November 8, 2023 and Submits Plan of Listing Compliance to Nasdaq SAN JOSE, Calif., Jan. 10, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) (the “Company” or “Infinera”) today reaffirmed certain preliminary unaudited financial result ranges for the third quarter and outlook ranges for the fourth quarter of 2023. Due to the preliminary nature of the announcement, and since the Company is still finalizing its financials, only select fi...

 PRESS RELEASE

Xarxa Oberta de Catalunya Deploys Infinera’s Optical Transport Solutio...

Xarxa Oberta de Catalunya Deploys Infinera’s Optical Transport Solution for Fiber Optic Networks in Catalonia Region SAN JOSE, Calif., Jan. 08, 2024 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today that Xarxa Oberta de Catalunya, also known as Xarxa Oberta or XOC, the leading network provider in Catalonia and a subsidiary of the global Cellnex Group, deployed to meet the growing broadband demands of government networks across the Catalonia region in Spain. With Infinera’s XTM packet-optical solution, Xarxa Oberta can provide government networks up to 400 GbE services on its fi...

 PRESS RELEASE

Western James Bay Telecom Network Selects Infinera to Expand Broadband...

Western James Bay Telecom Network Selects Infinera to Expand Broadband Services to Rural Canadian Communities SAN JOSE, Calif., Dec. 19, 2023 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today Western James Bay Telecom Network (WJBTN) selected Infinera to expand connectivity services to rural communities in northern Ontario, Canada. With Infinera’s optical networking solution based on the , the Canadian rural telecom service provider can deliver flexible, reliable, and cost-effective high-bandwidth solutions to its residential, business, and government customers. WJBTN has b...

 PRESS RELEASE

Infinera to Participate in the Raymond James TMT and Consumer Conferen...

Infinera to Participate in the Raymond James TMT and Consumer Conference SAN JOSE, Calif., Dec. 01, 2023 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that it will participate in the following webcasted investor conference:         Raymond James TMT and Consumer Conference        Date: Monday, December 4, 2023        Presentation: 3:25pm EDT / 12:25pm PDT        Speakers: David Heard, CEO; Amitabh Passi, VP of Investor Relations        Webcast: as well as and click on “Events & Presentations” Contacts: Infinera Media:Anna VueTel. +1 (916) 595-8157 Infinera Inve...

 PRESS RELEASE

Infinera Awarded California Competes Grant to Increase Domestic Produc...

Infinera Awarded California Competes Grant to Increase Domestic Production of Next-generation Semiconductors SAN JOSE, Calif., Nov. 21, 2023 (GLOBE NEWSWIRE) -- Infinera (Nasdaq: INFN) announced today it has been awarded a California Competes (CalCompetes) grant valued at up to $14 million over five years by the California Governor’s Office of Business and Economic Development (GO-Biz). This is a first step to expand and modernize Infinera’s U.S.-based domestic production of next-generation semiconductors and continue to support innovation and economic development in the United States in ...

 PRESS RELEASE

Infinera Corporation Announces Notification of Delinquency with Nasdaq

Infinera Corporation Announces Notification of Delinquency with Nasdaq SAN JOSE, Calif., Nov. 16, 2023 (GLOBE NEWSWIRE) --  Infinera (NASDAQ: INFN) announced today that it received a delinquency notification letter from the Listing Qualifications Staff of The Nasdaq Stock Market LLC (“Nasdaq”) on November 10, 2023 (the “Notice”). The Notice indicated that Infinera was not in compliance with Nasdaq Listing Rule 5250(c)(1) (the “Listing Rule”) as a result of its failure to timely file its Quarterly Report on Form 10-Q for the quarter ended September 30, 2023 (the “Form 10-Q”), as described ...

 PRESS RELEASE

Infinera Corporation Announces Preliminary Third Quarter 2023 Financia...

Infinera Corporation Announces Preliminary Third Quarter 2023 Financial Results SAN JOSE, Calif., Nov. 08, 2023 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) (or “Company”) today released preliminary financial results for its third quarter ended September 30, 2023. For the third quarter, Preliminary revenue is expected to be $378 million to $392 million, ahead of the midpoint of the Company’s prior outlook of $361 million to $391 million.The resulting preliminary GAAP gross margin is expected to be 38.4% to 40.7%, ahead of the midpoint of the Company’s prior outlook of...

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