SAN JOSE, Calif., June 12, 2024 (GLOBE NEWSWIRE) -- Infinera (NASDAQ:INFN) announced today that Digicel has deployed Infinera's GX Series, featuring Infinera's ICE6 800G and FlexILS solutions, to light the Deep Blue One subsea cable connecting French Guiana, Suriname, Guyana, and Trinidad and Tobago. The deployment offers service providers new, best-in-class connectivity to the southern Caribbean region. Deep Blue One is a new subsea cable system that spans 2,100 kilometers (km) in the Caribbean and Latin A ...

SAN JOSE, Calif., May 21, 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 May 15, 2024 (the "Notice"). The Notice indicated that Infinera remains in noncompliance 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 March 30, 2024 (the “Form 10-Q”), ...

SAN JOSE, Calif., May 21, 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 May 15, 2024 (the "Notice"). The Notice indicated that Infinera remains in noncompliance 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 March 30, 2024 (the “Form 10-Q”), ...

文章核心观点 - 公司参加了J.P. Morgan 2024 Global Technology, Media and Communications Conference [1] - 公司将由CFO Nancy Erba进行演讲 [1] - 公司是一家全球性的创新型开放式光网络解决方案和先进光半导体供应商 [1][2] - 公司的解决方案可以帮助运营商、云运营商、政府和企业扩展网络带宽、加速服务创新和自动化网络运营 [1][2] 公司信息 - 公司名称为Infinera [1][2] - 公司股票代码为NASDAQ:INFN [1] - 公司总部位于加利福尼亚州圣何塞 [1] - 公司网站为www.infinera.com [2] - 公司在Twitter和LinkedIn上有官方账号 [2]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Form 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 30, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-33486 Infinera Corporation (Exact name of registrant as specified in its charter) Delaware 77-0560433 (State or other jurisdiction of (IRS Empl ...

财务数据和关键指标变化 - 第一季度收入307百万美元,较上年同期下降22%,低于公司之前的预期范围 [10][12] - 毛利率为36.6%,较上年同期下降220个基点,主要受到产品结构中线路系统占比上升和收入下降导致固定成本吸收不足的影响 [32][33] - 营业亏损为2590万美元,营业利润率为-8.4%,处于预期范围的较低端 [33] - 经营活动产生的现金流为2400万美元,自由现金流为1600万美元,延续了第四季度的正现金流趋势 [34] 各条业务线数据和关键指标变化 - 系统业务收入增长约20%,为未来高毛利率的运营商业务铺平道路 [32] - 超大型互联网公司业务占公司2023年全年产品收入的约50% [18] - 公司在印度、中东、非洲和亚洲等新兴市场赢得了至少3个新的管理光纤网络(MOFN)客户,这些机会有望在未来成为公司收入的重要组成部分 [18] 各个市场数据和关键指标变化 - 公司第一季度来自美国国内客户的收入占比为54%,较过去两个季度有所下降 [31] 公司战略和发展方向及行业竞争 - 公司在第一季度赢得了多个具有里程碑意义的新合同和设计赢单,包括与超大型互联网公司、国际批发商和美国主要服务提供商的交易 [16][17][19] - 公司推出了面向人工智能应用的数据中心内部光模块解决方案,有望大幅降低功耗 [22] - 公司认为行业整体在上半年将大幅下滑,下半年开始逐步恢复,全年下降7%-8% [25] - 公司预计2025年可以实现8%-12%的收入增长,并将每股收益恢复到0.40-0.50美元的水平 [26][27] 管理层对经营环境和未来前景的评论 - 公司第一季度收入低于预期,主要是由于客户延迟交货和项目推迟所致,这种趋势预计将持续到第二季度 [12][35] - 公司认为行业整体在上半年将大幅下滑,下半年开始逐步恢复,但全年仍将下降7%-8% [25] - 公司对2025年的长期前景保持乐观,认为行业将进入新一轮增长周期,公司有望获得更多设计赢单和新合同 [25][26][28] 问答环节重要的提问和回答 问题1 **Samik Chatterjee 提问** 询问公司在第一季度来自运营商和互联网公司客户的订单趋势 [40] **David Heard 回答** 互联网公司客户通常大批量采购,第一季度有约2500万美元的订单推迟到下半年,同时一些运营商项目的实施也推迟到下半年,这种趋势预计将持续到第二季度 [41][42] 问题2 **Simon Leopold 提问** 询问公司对下半年业绩的预期是否与之前一致 [46] **Amitabh Passi 和 David Heard 回答** 公司预计下半年的业绩与之前预期基本一致,主要是由于第一半年的项目推迟到下半年所致 [47][48] 问题3 **Michael Genovese 提问** 询问公司在系统和metro业务中是否获得了更多市场份额 [65] **David Heard 回答** 公司尚未看到行业数据支持这一判断,但相信凭借最近的设计赢单和合同,公司在这些领域正在获得更多市场份额,这将在未来体现出来 [68][69]

Exhibit 99.1 Infinera Corporation Reports Preliminary First Quarter 2024 Financial Results San Jose, Calif., May 14, 2024 - Infinera Corporation (NASDAQ: INFN) today released preliminary financial results for its first quarter ended March 30, 2024. Although presented with numerical specificity, all amounts in this press release are preliminary and based on management’s current expectations as of the date of this press release. These results are subject to all aspects of the final quarterly review process an ...

SAN JOSE, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ:INFN) announced today that it will release its preliminary financial results for the first quarter of fiscal 2024 ended March 30, 2024, after the market closes on May 14, 2024. An investment community conference call to discuss these results and Infinera's outlook for the second quarter of fiscal 2024 will be held the same day at 5:00 p.m. ET/2:00 p.m. PT and will be accessible live and on an archived basis as follows: Prelimina ...

SAN JOSE, Calif., May 13, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ:INFN) announced today that it will release its preliminary financial results for the first quarter of fiscal 2024 ended March 30, 2024, after the market closes on May 14, 2024. An investment community conference call to discuss these results and Infinera's outlook for the second quarter of fiscal 2024 will be held the same day at 5:00 p.m. ET/2:00 p.m. PT and will be accessible live and on an archived basis as follows: Prelimina ...

SAN JOSE, Calif., May 06, 2024 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ:INFN) announced today that it expects to file its fiscal year 2023 Annual Report on Form 10-K on or before May 13, 2024. The company, along with its auditors, is continuing to make progress with the normal year-end close process. The company also announced that it expects to release its financial results for the first quarter of fiscal 2024 and outlook for the second quarter of fiscal 2024, after the market closes on May 14, 202 ...