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
Company profile
Ticker
INFN
Exchange
Website
CEO
Thomas Fallon
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
CIENA • Netgear • ADTRAN • Plantronics • Fabrinet • Westell • Audiocodes • Pineapple Energy • ClearOne • Sonim ...
Former names
ZEPTON NETWORKS INC
SEC CIK
Corporate docs
Subsidiaries
Infinera Optical Holding, Inc. • Infinera Optical Networks, Inc. • Infinera North America, LLC • Infinera Global Holdings LP • Tellabs Holdings B.V. • Tellabs Enterprises B.V. • International Telecom Holdings • Infinera AB ...
IRS number
770560433
INFN stock data
Latest filings (excl ownership)
8-K
Infinera Corporation Announces Notification of Delinquency with Nasdaq
15 Mar 24
8-K
Infinera Corporation Announces Preliminary Unaudited Fourth Quarter 2023 Financial Results
6 Mar 24
NT 10-K
Notice of late annual filing
29 Feb 24
8-K
Infinera Corporation Third Quarter 2023 Summary of Key Financial Results
29 Feb 24
10-Q
2023 Q3
Quarterly report
29 Feb 24
10-K/A
2022 FY
Annual report (amended)
29 Feb 24
8-K
Results of Operations and Financial Condition
15 Feb 24
8-K
Results of Operations and Financial Condition
11 Jan 24
Transcripts
INFN
Earnings call transcript
2023 Q3
8 Nov 23
INFN
Earnings call transcript
2023 Q2
9 Aug 23
INFN
Earnings call transcript
2023 Q1
3 May 23
INFN
Earnings call transcript
2022 Q4
23 Feb 23
INFN
Earnings call transcript
2022 Q3
3 Nov 22
INFN
Earnings call transcript
2022 Q2
29 Jul 22
INFN
Earnings call transcript
2022 Q1
4 May 22
INFN
Earnings call transcript
2021 Q4
17 Feb 22
INFN
Earnings call transcript
2021 Q3
5 Nov 21
INFN
Earnings call transcript
2021 Q3
3 Nov 21
Financial summary
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Annual (USD) | Dec 22 | Dec 21 | Dec 20 | Dec 19 | |
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Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 166.76 mm | 166.76 mm | 166.76 mm | 166.76 mm | 166.76 mm | 166.76 mm |
Cash burn (monthly) | 991.67 k | (no burn) | 4.76 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 8.87 mm | n/a | 42.60 mm | n/a | n/a | n/a |
Cash remaining | 157.89 mm | n/a | 124.16 mm | n/a | n/a | n/a |
Runway (months of cash) | 159.2 | n/a | 26.1 | n/a | n/a | n/a |
Institutional ownership, Q3 2023
13F holders | Current |
---|---|
Total holders | 200 |
Opened positions | 31 |
Closed positions | 35 |
Increased positions | 70 |
Reduced positions | 62 |
13F shares | Current |
---|---|
Total value | 939.56 bn |
Total shares | 249.95 mm |
Total puts | 348.40 k |
Total calls | 635.20 k |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
FMR | 34.04 mm | $142.28 bn |
Oaktree Capital Management | 25.18 mm | $105.23 bn |
Oaktree Optical | 25.18 mm | $175.98 mm |
Vanguard | 24.28 mm | $101.49 bn |
Shapiro Capital Management | 19.27 mm | $80.56 bn |
BLK Blackrock | 17.03 mm | $71.19 bn |
Brown Advisory | 13.91 mm | $58.14 bn |
Greenhouse Funds LLLP | 11.88 mm | $49.66 bn |
Barrow Hanley Mewhinney & Strauss | 5.77 mm | $24.13 bn |
Paradigm Capital Management | 4.93 mm | $20.60 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
10 Mar 24 | David W Heard | RSU Common Stock | Grant | Acquire A | No | No | 0 | 382,500 | 0.00 | 382,500 |
10 Mar 24 | Nancy Erba | RSU Common Stock | Grant | Acquire A | No | No | 0 | 105,000 | 0.00 | 105,000 |
10 Mar 24 | David Teichmann | RSU Common Stock | Grant | Acquire A | No | No | 0 | 50,000 | 0.00 | 50,000 |
10 Mar 24 | David F Welch | RSU Common Stock | Grant | Acquire A | No | No | 0 | 50,000 | 0.00 | 50,000 |
10 Mar 24 | Walden Nicholas | RSU Common Stock | Grant | Acquire A | No | No | 0 | 72,500 | 0.00 | 72,500 |
News
Infinera Corporation Announces Notification Of Delinquency With Nasdaq
15 Mar 24
Australia's NBN Selects Infinera's GX Series Platform And ICE-X Intelligent Coherent Pluggables To Upgrade National Broadband Network
14 Mar 24
Jefferies Maintains Hold on Infinera, Raises Price Target to $4.5
7 Mar 24
Needham Reiterates Strong Buy on Infinera, Maintains $10 Price Target
7 Mar 24
12 Information Technology Stocks Moving In Wednesday's After-Market Session
6 Mar 24
Press releases
Infinera Corporation Announces Notification of Delinquency with Nasdaq
15 Mar 24
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
14 Mar 24
DriveNets and Infinera Complete Joint Solution Certification of Infinera ZR/ZR+ Optical Modules with DriveNets Network Cloud
13 Mar 24
INFINERA ALERT: Bragar Eagel & Squire, P.C. is Investigating Infinera Corporation on Behalf of Infinera Stockholders and Encourages Investors to Contact the Firm
11 Mar 24
Attention Infinera Corporation Limited Investors: Company Investigated by the Portnoy Law Firm
11 Mar 24