Infinera Corporation (INFN) news stock charts
Infinera Corporation (INFN) Investment Summary:
Infinera Corporation (“we” or “Infinera”) has developed a solution that we believe will change the economics, operating simplicity, flexibility, reliability and scalability of optical communications networks. At the core of our Digital Optical Network architecture is what we believe to be the world’s only commercially-deployed, large-scale photonic integrated circuit, or PIC. Our PICs transmit and receive 100 Gbps of optical capacity and incorporate the functionality of over 60 discrete optical components into a pair of indium phosphide chips approximately the size of a child’s fingernail. We have used our PIC technology to design a new digital optical communications system called the DTN System. The DTN System is designed to enable cost-efficient optical to electrical to optical conversion of communications signals. The DTN System is architected to improve significantly communications service providers’ economics and service offerings as compared to traditional systems. ... More..."http://secfilings.nasdaq.com/edgar_conv_html%2f2008%2f02%2f19%2f0001193125-08-032787.html#FIS_BUSINESS"www.infinera.com
974 Employees
Founded in 2000
INFINERA CORP (INFN:NASDAQ)
LAST $8.24 USD
CHANGE TODAY +0.07 0.86%
VOLUME 311.6K
As of 8:10 PM 03/16/10 All times are local (Market data is delayed by at least 15 minutes).
Snapshot of INFINERA CORP (INFN)
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OPEN
$8.17
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PREVIOUS CLOSE
$8.17
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DAY HIGH
$8.25
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DAY LOW
$8.12
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52 WEEK HIGH
06/5/09 - $10.53
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52 WEEK LOW
07/31/09 - $6.49
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MARKET CAP
805.1M
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AVERAGE VOLUME 10 D
532.3K
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EPS TTM
$-0.86
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SHARES OUTSTANDING
97.7M
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INFN Does Not Pay Dividends
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P/E TTM
--
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| K = Thousands M = Millions B = Billions | ||
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Key developments for INFINERA CORP (INFN)
Infinera Corp. Announces Reed Hundt to Step Down from Board
03/5/2010
On March 3, 2010, Infinera Corp. received notification that Reed Hundt will not stand for re-election as a member of the Board of Directors of the company at the upcoming annual meeting of stockholders. Mr. Hundt indicated that his stepping down from the companys Board. Mr. Hundt is a member of the Boards nominating and governance committee and is the chairman of the Boards compensation committee.
Infinera Corp. Appoints Philip Koen as Board of Director
02/11/2010
On February 10, 2010, the Board of Directors of Infinera Corp. appointed Philip Koen to the Board. Mr. Koen was named to the Boards Audit committee. Mr. Koen brings his substantial experience from the service provider industry to the Infinera board of directors. Philip Koen was CEO of SAVVIS, a global leader in IT infrastructure services for business applications, from March 2006 until January 2010.
Infinera Corp. Announces CFO Changes
01/26/2010
Infinera Corp. announced that Ita Brennan, vice president, finance and corporate controller, will succeed Duston M. Williams as chief financial officer in June 2010. Williams has been CFO of Infinera since June 2006. Brennan joined Infinera four years ago from Maxtor Corporation and she has held an increasing set of responsibilities in the finance organization since that time. Before her service at Infinera, Brennan served in senior financial and operations capacities in the U.S. and Europe at Maxtor. Prior to Maxtor, Brennan was at Informix Software Ireland Corp. She began her finance and accounting career at Deloitte & Touche.
Infinera Corporation financial resources
INFN Competitors
| Company | Last | Change |
| ADVA AG Optical Networking | €3.50 EUR | +0.076 |
| Alcatel-Lucent/France | €2.53 EUR | -0.007 |
| Ciena Corp | $15.96 USD | +0.21 |
| Sonus Networks Inc | $2.60 USD | +0.15 |
| Tellabs Inc | $7.70 USD | +0.11 |
| Market data is delayed at least 15 minutes. | ||
Industry Analysis
| Valuation | INFN | Industry Range |
| Price/Earnings | NM | Not Meaningful |
| Price/Sales | 2.6x |
Not meaningful
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| Price/Book | 2.1x |
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| Price/Cash Flow | NM | Not Meaningful |
| TEV/Sales | 1.8x |
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INFN |
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INFN transactions
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Target | |
| No transactions in the last 6 months. | ||
More Recent Financial News About Infinera Corporation
Infinera Recognized for Environmental Policies at Sunnyvale
2010-03-15 01:43:51
Quote: Through recycling programs, reduction in product packaging and the use of recycled materials, Infinera reduced waste by 52% in 2009.As a result of these efforts, Infinera was named a recipient of the Waste Reduction (WRAP) Award for 2009 by the California Department of Resources Recycling and Recovery (CalRecycle). Infinera is among 250 California businesses and nonprofit organizations recognized with a WRAP award for 2009. According to CalRecycle, the award recipients have diverted more than tw...Read article
Infinera to Show ATN Metro Platform at SCTE Canadian Summit 2010
2010-03-15 01:43:51
Quote: Infinera's ATN platform is designed to interwork seamlessly with Infinera's market-leading DTN platform to provide point-and-click services across any CATV network.The SCTE Canadian Summit takes place at the Metro Toronto Convention Centre on March 9th and 10th.Infinera pioneered Digital Optical Networks with the Infinera DTN, a Digital ROADM based on large-scale photonic integration. With the new ATN platform, Infinera now offers an end-to-end solution providing scalable optical transport from ...Read article
Infinera Recognized for Environmental Policies at Sunnyvale
2010-03-12 03:27:27
Quote: Through recycling programs, reduction in product packaging and the use of recycled materials, Infinera reduced waste by 52% in 2009.As a result of these efforts, Infinera was named a recipient of the Waste Reduction (WRAP) Award for 2009 by the California Department of Resources Recycling and Recovery (CalRecycle). Infinera is among 250 California businesses and nonprofit organizations recognized with a WRAP award for 2009. According to CalRecycle, the award recipients have diverted more than tw...Read article
INFINERA CORP Files SEC form 8-K, Change in Directors or Principal Officers
2010-03-08 01:40:20
Quote: Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(b) On March 3, 2010, Infinera Corporation (the "Company") received notification
that Reed Hundt will not stand for re-election as a member of the Board of
Directors (the "Board") of the Company at the upcoming annual meeting of
stockholders. Mr. Hundt indicated that his stepping down from the Company's
Board will permi...Read article
Infinera to Show ATN Metro Platform at SCTE Canadian Summit 2010
2010-03-02 05:41:46
Quote: Infinera's ATN platform is designed to interwork seamlessly with Infinera's market-leading DTN platform to provide point-and-click services across any CATV network.The SCTE Canadian Summit takes place at the Metro Toronto Convention Centre on March 9th and 10th.Infinera pioneered Digital Optical Networks with the Infinera DTN, a Digital ROADM based on large-scale photonic integration. With the new ATN platform, Infinera now offers an end-to-end solution providing scalable optical transport from ...Read article
INFINERA CORP Files SEC form 10-K, Annual Report
2010-03-02 05:41:45
Quote: The
following discussion and analysis should be read in conjunction with our
"Selected Consolidated Financial Data" and consolidated financial statements and
notes thereto included elsewhere in this Annual Report on Form 10-K.
Overview
Infinera was founded in December 2000 with a unique vision for optical
networking. Prior to Infinera, service provider optical networks were built from
fairly commoditized products, broadly known as dense wavelength division
multiplexing ("DWDM&qu...Read article
California Officials, Broadband Industry Leaders Express High Hopes for Federal Broadband Stimulus Program
2010-02-25 07:41:18
Quote: "I am glad that
companies like Infinera are developing the innovative technology we need to
make the best use of every government dollar dedicated to ensuring fast and
affordable broadband access to Californians," said Commissioner Simon.California State Assembly member Paul Fong described Infinera as an
important source of innovation in the technology industry, and praised the
company for continuing to invest in the Silicon Valley area, especially in
light of the recession and budget crisis hit...Read article
Philip Koen Joins Infinera Board
2010-02-25 07:41:17
Quote: INFNNews) announced today that
Philip Koen has joined the Infinera board of directors. Mr. Koen brings his
substantial experience from the service provider industry to the Infinera
board of directors.Philip Koen was CEO of SAVVIS, a global leader in IT infrastructure
services for business applications, from March 2006 until January 2010.
Prior to joining SAVVIS, Mr. Koen served for more than four years as CEO of
Equinix, one of the world's largest operators of data centers and carrier
hotels. Mr...Read article
California Officials, Broadband Industry Leaders Express High Hopes for Federal Broadband Stimulus Program
2010-02-12 01:46:15
Quote: "I am glad that
companies like Infinera are developing the innovative technology we need to
make the best use of every government dollar dedicated to ensuring fast and
affordable broadband access to Californians," said Commissioner Simon.California State Assembly member Paul Fong described Infinera as an
important source of innovation in the technology industry, and praised the
company for continuing to invest in the Silicon Valley area, especially in
light of the recession and budget crisis hit...Read article
INFINERA CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
2010-02-12 01:46:14
Quote: Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(d)(1) On February 10, 2010, the Board of Directors (the "Board") of Infinera
Corporation (the "Company") appointed Philip Koen to the Board,
(2) There are no arrangements or understandings between Mr. Koen and any other
persons pursuant to which Mr. Koen was appointed a director of the Company.
(3) Mr. Koen was named t...Read article
Philip Koen Joins Infinera Board
2010-02-12 01:46:14
Quote: INFNNews) announced today that
Philip Koen has joined the Infinera board of directors. Mr. Koen brings his
substantial experience from the service provider industry to the Infinera
board of directors.Philip Koen was CEO of SAVVIS, a global leader in IT infrastructure
services for business applications, from March 2006 until January 2010.
Prior to joining SAVVIS, Mr. Koen served for more than four years as CEO of
Equinix, one of the world's largest operators of data centers and carrier
hotels. Mr...Read article
Infinera Corporation Reports Fourth Quarter and Fiscal Year 2009 Financial Results
2010-01-28 03:47:22
Quote: "In the fourth quarter, we invoiced our highest
level of tributary adapter modules (TAMs) in six quarters and saw continued
strength in our common equipment sales.""We are seeing good opportunities with both current and prospective
customers across all served markets," said Fallon."The market continues
to embrace Infinera's disruptive PIC-based approach of providing the best,
most cost-effective and most flexible optical networks to address their
bandwidth needs -- both with our existing product...Read article
Infinera Obtains TL 9000 Certification
2010-01-28 03:47:22
Quote: INFNNews) has achieved TL 9000
registration for its major facilities in the US and India, confirmation of
the world-class standards applied by Infinera to all its operations
throughout the Infinera supply chain. TL 9000 is a demanding international
standard for quality processes in the telecommunications industry,
including requirements for all major management and measurement systems.Infinera's TL 9000 registration represents a continuing emphasis on
customer relationships, reliability of produ...Read article
Ita Brennan Will Succeed Duston Williams as Infinera CFO in June 2010
2010-01-28 03:47:21
Quote: Williams as chief financial officer in June 2010.
Williams has been CFO of Infinera since June 2006.Brennan joined Infinera
four years ago from Maxtor Corporation and she has held an increasing set
of responsibilities in the finance organization since that time.Before her service at Infinera, Brennan served in senior financial and
operations capacities in the U.S. and Europe at Maxtor, the multi-billion
dollar disk drive maker. Prior to Maxtor, Brennan was at Informix Software
Ireland Corp. She ...Read article
Infinera Corporation Reports Fourth Quarter and Fiscal Year 2009 Financial Results
2010-01-27 01:57:34
Quote: "In the fourth quarter, we invoiced our highest
level of tributary adapter modules (TAMs) in six quarters and saw continued
strength in our common equipment sales.""We are seeing good opportunities with both current and prospective
customers across all served markets," said Fallon."The market continues
to embrace Infinera's disruptive PIC-based approach of providing the best,
most cost-effective and most flexible optical networks to address their
bandwidth needs -- both with our existing product...Read article
Q4 2009 Infinera Corporation Earnings Release - After Market Close
2010-01-27 01:57:34
Quote: Read article
Ita Brennan Will Succeed Duston Williams as Infinera CFO in June 2010
2010-01-27 01:57:33
Quote: Williams as chief financial officer in June 2010.
Williams has been CFO of Infinera since June 2006.Brennan joined Infinera
four years ago from Maxtor Corporation and she has held an increasing set
of responsibilities in the finance organization since that time.Before her service at Infinera, Brennan served in senior financial and
operations capacities in the U.S. and Europe at Maxtor, the multi-billion
dollar disk drive maker. Prior to Maxtor, Brennan was at Informix Software
Ireland Corp. She ...Read article
INFINERA CORP Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
2010-01-27 01:57:33
Quote: Item 5.02 Departure of Directors or Certain Officers; Election of Directors;
Appointment of Certain Officers; Compensatory Arrangements of Certain
Officers.
(b) On January 25, 2010, Duston Williams, the Chief Financial Officer of
Infinera Corporation (the "Company") announced his plan to resign from this
position with the Company effective June 26, 2010. The text of the Company's
press release related to this announcement is set forth as Exhibit 99.1 to this
Report and is incorporate...Read article
Brennan to succeed Williams as Infinera CFO
2010-01-27 01:57:32
Quote: Infinera Corp. on Tuesday named Ita Brennan chief financial officer.Sunnyvale-based Infinera (NASDAQ:INFN) said Brennan will be promoted in June from her current post of vice president, finance and corporate controller.Brennan will succeed Duston M. Williams, who has been CFO of Infinera since June 2006. Brennan joined Infinera four years ago from Maxtor Corp."I have accomplished much of what I set out to do at Infinera -- prepared and helped take the company public, built a strong balance ...Read article
Infinera Corp. Q4 2009 Earnings Conference Call
2010-01-27 01:57:31
Quote: Call End:
Infinera Corp. (INFN)
Q4 2009 Earnings Call
January 26, 2010 5:00 pm ET
Executives
Bob Blair – IR
Jagdeeb Singh – Executive Chairman
Thomas Fallon – CEO, President, COO
Duston Williams – CFO
Ita Brennan – Corporate Controller
Analysts
Brent Bracelin – Pacific Crest Securities
George Notter – Jefferies
Simona Jankowski – Goldman Sachs
Blair King – Avondale Partners
Kevin Dennean - Citi
Alex Henderson – Miller Tabak &...Read article
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