Last 7 days
-8.8%
Last 30 days
-6.3%
Last 90 days
-16.7%
Trailing 12 Months
-18.3%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-09-05 | Welch David F | acquired | - | - | 8,333 | - |
2023-09-05 | HEARD DAVID W | sold (taxes) | -93,301 | 4.42 | -21,109 | chief executive officer |
2023-09-05 | Fernicola Michael H | sold (taxes) | -12,787 | 4.42 | -2,893 | chief accounting officer |
2023-09-05 | Erba Nancy | sold (taxes) | -345,198 | 4.42 | -78,099 | chief financial officer |
2023-09-05 | Walden Nicholas | sold (taxes) | -10,356 | 4.42 | -2,343 | svp, worldwide sales |
2023-09-05 | TEICHMANN DAVID | acquired | - | - | 4,583 | chief legal officer |
2023-09-05 | Erba Nancy | acquired | - | - | 148,333 | chief financial officer |
2023-09-05 | Welch David F | sold (taxes) | -12,738 | 4.42 | -2,882 | - |
2023-09-05 | Fernicola Michael H | acquired | - | - | 5,833 | chief accounting officer |
2023-09-05 | Walden Nicholas | acquired | - | - | 5,333 | svp, worldwide sales |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-20 | BARCLAYS PLC | reduced | -22.14 | -392,000 | 367,000 | -% |
2023-08-22 | VIRGINIA RETIREMENT SYSTEMS ET AL | added | 600 | 372,515 | 483,483 | -% |
2023-08-21 | CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM | reduced | -0.52 | -725,914 | 1,180,420 | -% |
2023-08-21 | OSAIC HOLDINGS, INC. | reduced | -1.64 | -85,618 | 145,262 | -% |
2023-08-17 | Orion Portfolio Solutions, LLC | added | 2.34 | -58,617 | 102,845 | -% |
2023-08-17 | Coppell Advisory Solutions LLC | new | - | 868 | 868 | -% |
2023-08-16 | Nuveen Asset Management, LLC | reduced | -17.92 | -2,639,900 | 2,758,100 | -% |
2023-08-16 | TD Capital Management LLC | unchanged | - | -779 | 1,285 | -% |
2023-08-15 | ALLIANCEBERNSTEIN L.P. | added | 1.03 | -555,436 | 941,111 | -% |
2023-08-15 | CM WEALTH ADVISORS LLC | sold off | -100 | -124,000 | - | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Jun 09, 2023 | vanguard group inc | 10.32% | 23,287,793 | SC 13G/A | |
Mar 02, 2023 | oaktree optical holdings, l.p. | 11.3% | 25,175,384 | SC 13D/A | |
Feb 14, 2023 | shapiro capital management llc | - | 0 | SC 13G | |
Feb 09, 2023 | brown advisory inc | 5.1% | 11,150,355 | SC 13G | |
Feb 09, 2023 | fmr llc | - | 0 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 8.92% | 19,590,336 | SC 13G/A | |
Jan 31, 2023 | blackrock inc. | 7.3% | 15,980,691 | SC 13G/A | |
Feb 14, 2022 | gilder gagnon howe & co llc | 3.1% | 6,559,821 | SC 13G/A | |
Feb 11, 2022 | gilder gagnon howe & co llc | 7.2% | 13,976,811 | SC 13G | |
Feb 09, 2022 | fmr llc | - | 0 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Sep 07, 2023 | 4 | Insider Trading | |
Sep 07, 2023 | 4 | Insider Trading | |
Sep 07, 2023 | 4 | Insider Trading | |
Sep 07, 2023 | 4 | Insider Trading | |
Sep 07, 2023 | 4 | Insider Trading | |
Sep 07, 2023 | 4 | Insider Trading | |
Aug 17, 2023 | 4 | Insider Trading | |
Aug 17, 2023 | 4 | Insider Trading | |
Aug 09, 2023 | 8-K | Current Report | |
Aug 09, 2023 | 10-Q | Quarterly Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSCO | 214.3B | 57.0B | -5.37% | 31.10% | 16.99 | 3.76 | 10.55% | 6.78% |
ANET | 55.0B | 5.3B | -1.65% | 63.08% | 32.2 | 10.46 | 50.27% | 65.17% |
MSI | 45.7B | 9.7B | -1.89% | 21.12% | 30.13 | 4.73 | 14.13% | 26.10% |
UI | 8.4B | 1.9B | -21.59% | -50.80% | 20.65 | 4.34 | 14.71% | 7.65% |
MID-CAP | ||||||||
FFIV | 9.2B | 2.8B | -1.07% | 8.13% | 27.78 | 3.29 | 4.80% | -3.31% |
CIEN | 6.8B | 4.2B | 10.80% | 15.76% | 30.91 | 1.62 | 14.18% | 11.33% |
LITE | 3.0B | 1.8B | -13.16% | -34.75% | -22.6 | 1.68 | 3.18% | -166.16% |
VSAT | 1.7B | 2.8B | -29.48% | -38.00% | 1.63 | 0.61 | 13.98% | 1966.89% |
SMALL-CAP | ||||||||
INFN | 869.7M | 1.6B | -6.34% | -18.30% | -121.72 | 0.53 | 13.20% | 96.13% |
COMM | 652.7M | 8.2B | -8.06% | -69.11% | -0.55 | 0.08 | -6.99% | -187.07% |
ADTN | 633.2M | 1.4B | 0.25% | -57.06% | -8.94 | 0.47 | 131.17% | -369.34% |
NTGR | 356.5M | 853.0M | -4.63% | -43.78% | -16.55 | 0.42 | -12.52% | 62.31% |
CMBM | 195.4M | 302.6M | -18.62% | -57.04% | 9.27 | 0.65 | 5.89% | 210.09% |
-10.3%
-11.4%
-11.9%
-13.0%
100%
86.9%
73.5%
Y-axis is the maximum loss one would have experienced if Infinera was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | ||||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.1% | 1,644,686,000 | 1,626,443,000 | 1,573,242,000 | 1,487,563,000 | 1,452,930,000 | 1,433,172,000 | 1,425,205,000 | 1,378,473,000 | 1,362,870,000 | 1,356,230,000 | 1,355,596,000 | 1,386,638,000 | 1,371,768,000 | 1,336,431,000 | 1,298,865,000 | 1,246,356,000 | 1,121,428,000 | 1,033,405,000 | 943,379,000 | 807,137,000 | 799,304,000 |
Cost Of Revenue | -1.5% | 1,040,067,000 | 1,055,416,000 | 1,037,466,000 | 989,835,000 | 971,524,000 | 940,583,000 | 927,231,000 | 896,822,000 | 891,036,000 | 907,372,000 | 946,804,000 | 992,583,000 | 999,160,000 | 999,974,000 | 972,942,000 | 947,335,000 | 839,057,000 | 727,985,000 | 622,223,000 | 523,199,000 | 517,719,000 |
Gross Profit | 5.9% | 604,619,000 | 571,027,000 | 535,776,000 | 497,728,000 | 481,406,000 | 492,589,000 | 497,974,000 | 481,651,000 | 471,834,000 | 448,858,000 | 408,792,000 | 394,055,000 | 372,608,000 | 336,457,000 | 325,923,000 | 299,021,000 | 282,371,000 | 305,420,000 | 321,156,000 | 283,938,000 | 281,585,000 |
Operating Expenses | 1.4% | 612,324,000 | 604,155,000 | 595,933,000 | 593,385,000 | 598,732,000 | 593,449,000 | 585,453,000 | 565,764,000 | 551,888,000 | 550,290,000 | 563,991,000 | 603,349,000 | 624,272,000 | 651,879,000 | 676,153,000 | 702,604,000 | 641,825,000 | 578,109,000 | 506,835,000 | 425,900,000 | 432,637,000 |
S&GA Expenses | 4.1% | 158,623,000 | 152,328,000 | 146,445,000 | 144,124,000 | 143,428,000 | 141,881,000 | 138,829,000 | 131,922,000 | 127,653,000 | 125,687,000 | 129,604,000 | 135,438,000 | 142,240,000 | 148,075,000 | 151,423,000 | 156,124,000 | 144,807,000 | 135,390,000 | 124,238,000 | 104,407,000 | 107,792,000 |
R&D Expenses | 0.2% | 314,530,000 | 313,819,000 | 306,188,000 | 303,985,000 | 304,477,000 | 299,776,000 | 299,894,000 | 288,839,000 | 277,827,000 | 270,983,000 | 265,634,000 | 269,538,000 | 275,650,000 | 282,497,000 | 287,977,000 | 298,150,000 | 277,060,000 | 259,281,000 | 244,302,000 | 220,789,000 | 226,747,000 |
EBITDA | -100.0% | - | 84,805,000 | 54,334,000 | -4,816,000 | -40,257,000 | -5,644,000 | 6,170,000 | -19,391,000 | -6,705,000 | -4,612,000 | -53,783,000 | -112,862,000 | -160,214,000 | -213,361,000 | -232,174,000 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.05 | 0.03 | 0.00 | -0.03 | 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | -0.04 | -0.08 | -0.12 | -0.16 | -0.18 | - | - | - | - | - | - |
Interest Expenses | 0.5% | 27,958,000 | 27,823,000 | 26,015,000 | 31,377,000 | 37,483,000 | 42,248,000 | 49,099,000 | 49,335,000 | 49,358,000 | 49,777,000 | 46,728,000 | 42,821,000 | 38,044,000 | 32,888,000 | 31,657,000 | 36,416,000 | 30,708,000 | 25,929,000 | 22,049,000 | 11,953,000 | 13,342,000 |
Earnings Before Taxes | 146.9% | 11,684,000 | -24,916,000 | -55,511,000 | -123,521,000 | -164,760,000 | -146,860,000 | -158,760,000 | -136,958,000 | -123,156,000 | -149,656,000 | -200,688,000 | -258,626,000 | -307,308,000 | -360,579,000 | -383,655,000 | -450,353,000 | -399,609,000 | -309,400,000 | -214,950,000 | -156,451,000 | -160,996,000 |
EBT Margin | 100.0% | - | -0.02 | -0.04 | -0.08 | -0.11 | -0.10 | -0.11 | -0.10 | -0.09 | -0.11 | -0.15 | -0.19 | -0.22 | -0.27 | -0.30 | - | - | - | - | - | - |
Net Income | 83.2% | -7,145,000 | -42,603,000 | -76,043,000 | -142,569,000 | -184,433,000 | -164,306,000 | -170,778,000 | -147,634,000 | -129,736,000 | -155,777,000 | -206,723,000 | -263,393,000 | -312,264,000 | -364,285,000 | -386,618,000 | -453,491,000 | -401,334,000 | -309,616,000 | -214,295,000 | -154,813,000 | -159,434,000 |
Net Income Margin | 100.0% | - | -0.03 | -0.05 | -0.10 | -0.13 | -0.11 | -0.12 | -0.11 | -0.10 | -0.11 | -0.15 | -0.19 | -0.23 | -0.27 | -0.30 | - | - | - | - | - | - |
Free Cashflow | 100.0% | - | -101,920,000 | -83,613,000 | -82,442,000 | -110,753,000 | -20,431,000 | -13,251,000 | 34,800,000 | 9,927,000 | -44,419,000 | -151,309,000 | -203,725,000 | -208,892,000 | -234,789,000 | -197,552,000 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -0.8% | 1,586 | 1,598 | 1,669 | 1,500 | 1,469 | 1,496 | 1,587 | 1,533 | 1,561 | 1,567 | 1,732 | 1,571 | 1,596 | 1,667 | 1,628 | 1,506 | 1,514 | 1,575 | 1,801 | 1,247 | 941 |
Current Assets | -1.4% | 1,055 | 1,070 | 1,133 | 982 | 926 | 927 | 992 | 910 | 914 | 916 | 1,062 | 926 | 952 | 1,017 | 943 | 823 | 822 | 875 | 957 | 856 | 536 |
Cash Equivalents | -0.5% | 163 | 164 | 179 | 198 | 131 | 192 | 203 | 203 | 220 | 234 | 298 | 197 | 203 | 262 | 133 | 95.00 | 109 | 167 | 242 | 416 | 63.00 |
Inventory | 3.5% | 427 | 413 | 375 | 331 | 310 | 292 | 291 | 290 | 274 | 263 | 269 | 276 | 288 | 320 | 340 | 325 | 339 | 332 | 312 | 212 | 219 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 149 | 151 | 157 | 159 | 161 | 343 | 132 | 137 |
Goodwill | -2.7% | 227 | 234 | 233 | 224 | 237 | 250 | 256 | 265 | 269 | 265 | 273 | 256 | 251 | 239 | 250 | 234 | 229 | 222 | 227 | 48.00 | 179 |
Current Liabilities | -0.8% | 629 | 634 | 704 | 578 | 555 | 563 | 612 | 520 | 515 | 506 | 634 | 500 | 562 | 605 | 715 | 558 | 532 | 491 | 503 | 219 | 241 |
Short Term Borrowings | - | - | - | - | - | - | - | - | 0.00 | 0.00 | 25.00 | 102 | 25.00 | 28.00 | 32.00 | 32.00 | 7.00 | - | - | - | - | - |
LT Debt, Non Current | 2.2% | 676 | 662 | 668 | 667 | 640 | 599 | 477 | 469 | 461 | 453 | 446 | 516 | 508 | 510 | 324 | 319 | 284 | 280 | 267 | 263 | - |
Shareholder's Equity | -10.2% | 167 | 186 | 180 | 114 | 117 | 170 | 324 | 340 | 377 | 393 | 426 | 349 | 330 | 362 | 387 | 427 | 515 | 617 | 704 | 704 | 637 |
Retained Earnings | -1.2% | -1,728 | -1,708 | -1,699 | -1,733 | -1,721 | -1,665 | -1,698 | -1,664 | -1,611 | -1,575 | -1,527 | -1,517 | -1,481 | -1,419 | -1,319 | -1,253 | -1,168 | -1,054 | -956 | -823 | -790 |
Additional Paid-In Capital | 0.9% | 1,942 | 1,925 | 1,901 | 1,886 | 1,867 | 1,851 | 2,026 | 2,015 | 1,996 | 1,984 | 1,965 | 1,888 | 1,839 | 1,827 | 1,741 | 1,730 | 1,716 | 1,703 | 1,686 | 1,547 | 1,450 |
Shares Outstanding | 0.7% | 226 | 225 | 220 | 219 | 216 | 212 | 211 | 209 | 207 | 203 | 201 | 190 | 186 | 182 | 181 | 180 | 179 | 176 | 175 | 153 | 152 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 134.0% | 19.00 | -55.12 | -37.56 | -35.63 | -68.44 | 25.00 | 28.00 | 79.00 | 56.00 | -2.15 | -112 | -174 | -175 | -202 | -167 | -228 | -211 | -141 | -99.08 | -28.54 | -29.02 |
Share Based Compensation | 0.3% | 64.00 | 64.00 | 61.00 | 58.00 | 58.00 | 54.00 | 52.00 | 51.00 | 50.00 | 49.00 | 49.00 | 48.00 | 46.00 | 46.00 | 43.00 | 41.00 | 42.00 | 41.00 | 43.00 | 45.00 | 45.00 |
Cashflow From Investing | -0.2% | -46.91 | -46.80 | -46.05 | -46.81 | -42.32 | -45.72 | -41.38 | -44.17 | -45.80 | -42.27 | -39.01 | -29.80 | -31.92 | -15.02 | -12.61 | -119 | -83.80 | -32.59 | 13.00 | 117 | 106 |
Cashflow From Financing | -31.6% | 55.00 | 81.00 | 82.00 | 82.00 | 40.00 | -22.66 | -101 | -39.42 | -6.84 | 7.00 | 334 | 300 | 296 | 311 | 72.00 | 47.00 | 364 | 214 | 208 | 209 | -133 |
Buy Backs | - | - | - | 4.00 | - | - | - | 7.00 | - | - | - | 2.00 | - | - | - | 0.00 | 1.00 | 1.00 | - | 1.00 | 1.00 | 2.00 |
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jul. 01, 2023 | Jun. 25, 2022 | Jul. 01, 2023 | Jun. 25, 2022 | |
Revenue: | ||||
Total revenue | $ 376,228 | $ 357,985 | $ 768,303 | $ 696,859 |
Cost of revenue: | ||||
Amortization of intangible assets | 3,537 | 6,229 | 7,093 | 12,460 |
Restructuring and other related costs | 0 | 13 | 0 | 163 |
Total cost of revenue | 233,436 | 248,785 | 478,613 | 476,012 |
Gross profit | 142,792 | 109,200 | 289,690 | 220,847 |
Operating expenses: | ||||
Research and development | 79,346 | 78,635 | 160,388 | 152,046 |
Sales and marketing | 41,624 | 35,329 | 83,331 | 71,153 |
General and administrative | 31,159 | 30,150 | 60,394 | 58,040 |
Amortization of intangible assets | 3,523 | 3,667 | 7,112 | 7,413 |
Restructuring and other related costs | 1,431 | 1,133 | 2,221 | 8,403 |
Total operating expenses | 157,083 | 148,914 | 313,446 | 297,055 |
Loss from operations | (14,291) | (39,714) | (23,756) | (76,208) |
Other income (expense), net: | ||||
Interest income | 717 | 104 | 1,188 | 157 |
Interest expense | (7,387) | (7,252) | (14,187) | (12,244) |
Other gain (loss), net | 7,170 | (3,520) | 18,126 | 2,500 |
Total other income (expense), net | 500 | (10,668) | 5,127 | (9,587) |
Loss before income taxes | (13,791) | (50,382) | (18,629) | (85,795) |
Provision for income taxes | 6,472 | 5,339 | 10,044 | 11,776 |
Net loss | $ (20,263) | $ (55,721) | $ (28,673) | $ (97,571) |
Net loss per common share: | ||||
Basic (in dollars per share) | $ (0.09) | $ (0.26) | $ (0.13) | $ (0.46) |
Diluted (in dollars per share) | $ (0.09) | $ (0.26) | $ (0.13) | $ (0.46) |
Weighted average shares used in computing net loss per common share: | ||||
Basic (in shares) | 225,922 | 215,509 | 224,159 | 213,846 |
Diluted (in shares) | 225,922 | 215,509 | 224,159 | 213,846 |
Product | ||||
Revenue: | ||||
Total revenue | $ 299,624 | $ 284,852 | $ 614,444 | $ 552,305 |
Cost of revenue: | ||||
Cost of revenue | 188,166 | 204,122 | 386,840 | 387,009 |
Services | ||||
Revenue: | ||||
Total revenue | 76,604 | 73,133 | 153,859 | 144,554 |
Cost of revenue: | ||||
Cost of revenue | $ 41,733 | $ 38,421 | $ 84,680 | $ 76,380 |
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Jul. 01, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 163,007 | $ 178,657 |
Short-term restricted cash | 2,449 | 7,274 |
Accounts receivable, net | 325,647 | 419,735 |
Inventory | 427,386 | 374,855 |
Prepaid expenses and other current assets | 136,776 | 152,451 |
Total current assets | 1,055,265 | 1,132,972 |
Property, plant and equipment, net | 190,596 | 172,929 |
Operating lease right-of-use assets | 32,104 | 34,543 |
Intangible assets, net | 33,558 | 47,787 |
Goodwill | 227,459 | 232,663 |
Long-term restricted cash | 1,303 | 3,272 |
Other long-term assets | 45,852 | 44,972 |
Total assets | 1,586,137 | 1,669,138 |
Current liabilities: | ||
Accounts payable | 279,641 | 304,880 |
Accrued expenses and other current liabilities | 116,766 | 141,450 |
Accrued compensation and related benefits | 71,678 | 78,849 |
Short-term debt, net | 7,022 | 510 |
Accrued warranty | 18,793 | 19,747 |
Deferred revenue | 135,511 | 158,501 |
Total current liabilities | 629,411 | 703,937 |
Long-term debt, net | 675,992 | 667,719 |
Long-term accrued warranty | 16,604 | 16,874 |
Long-term deferred revenue | 21,549 | 23,178 |
Long-term deferred tax liability | 2,268 | 2,348 |
Long-term operating lease liabilities | 42,340 | 45,862 |
Other long-term liabilities | 30,795 | 29,573 |
Commitments and contingencies (Note 11) | ||
Stockholders’ equity: | ||
Preferred stock, $0.001 par value Authorized shares – 25,000 and no shares issued and outstanding | 0 | 0 |
Common stock, $0.001 par value Authorized shares – 500,000 as of July 1, 2023 and December 31, 2022 Issued and outstanding shares – 226,488 as of July 1, 2023 and 220,408 as of December 31, 2022 | 226 | 220 |
Additional paid-in capital | 1,942,477 | 1,901,491 |
Accumulated other comprehensive loss | (47,259) | (22,471) |
Accumulated deficit | (1,728,266) | (1,699,593) |
Total stockholders' equity | 167,178 | 179,647 |
Total liabilities and stockholders’ equity | $ 1,586,137 | $ 1,669,138 |