INFN RSI Chart
Last 7 days
19.7%
Last 30 days
6.1%
Last 90 days
14.1%
Trailing 12 Months
-37%
Historical Charts for Stock Metrics
Year | Q1 | Q2 | Q3 | Q4 |
---|---|---|---|---|
2023 | 1.6B | 1.6B | 1.6B | 0 |
2022 | 1.4B | 1.5B | 1.5B | 1.6B |
2021 | 1.4B | 1.4B | 1.4B | 1.4B |
2020 | 1.3B | 1.4B | 1.4B | 1.4B |
2019 | 1.0B | 1.1B | 1.2B | 1.3B |
2018 | 767.9M | 799.3M | 807.1M | 943.4M |
2017 | 800.8M | 718.8M | 726.0M | 740.7M |
2016 | 944.7M | 996.1M | 949.1M | 870.1M |
2015 | 712.1M | 754.1M | 813.0M | 886.7M |
2014 | 562.3M | 589.3M | 620.9M | 668.1M |
2013 | 458.4M | 503.3M | 533.1M | 544.1M |
2012 | 416.7M | 414.2M | 422.4M | 438.4M |
2011 | 451.5M | 436.0M | 410.0M | 404.9M |
2010 | 0 | 357.5M | 405.9M | 454.4M |
2009 | 0 | 0 | 0 | 309.1M |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
Mar 05, 2024 | fernicola michael h | sold (taxes) | -16,819 | 5.15 | -3,266 | chief accounting officer |
Mar 05, 2024 | teichmann david | acquired | - | - | 4,583 | chief legal officer |
Mar 05, 2024 | walden nicholas | sold (taxes) | -14,996 | 5.15 | -2,912 | svp, worldwide sales |
Mar 05, 2024 | welch david f | acquired | - | - | 8,334 | - |
Mar 05, 2024 | heard david w | acquired | - | - | 19,259 | chief executive officer |
Mar 05, 2024 | teichmann david | sold (taxes) | -13,214 | 5.15 | -2,566 | chief legal officer |
Mar 05, 2024 | erba nancy | acquired | - | - | 7,708 | chief financial officer |
Mar 05, 2024 | heard david w | sold (taxes) | -38,846 | 5.15 | -7,543 | chief executive officer |
Mar 05, 2024 | welch david f | sold (taxes) | -17,592 | 5.15 | -3,416 | - |
Mar 05, 2024 | erba nancy | sold (taxes) | -23,442 | 5.15 | -4,552 | chief financial officer |
Which funds bought or sold INFN recently?
View All DetailsDatesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
Mar 22, 2024 | PNC FINANCIAL SERVICES GROUP, INC. | added | 4.91 | 1,374 | 8,526 | -% |
Mar 11, 2024 | VANGUARD GROUP INC | added | 1.93 | 16,069,400 | 117,564,000 | -% |
Mar 01, 2024 | GOLDMAN SACHS GROUP INC | added | 357 | 19,260,600 | 23,846,700 | -% |
Feb 28, 2024 | AMERICAN INTERNATIONAL GROUP, INC. | reduced | -0.4 | 54,862 | 471,148 | -% |
Feb 20, 2024 | Wellington Wealth Strategies, LLC. | new | - | 190,000 | 190,000 | 0.16% |
Feb 16, 2024 | PRICE T ROWE ASSOCIATES INC /MD/ | added | 11.34 | 142,000 | 674,000 | -% |
Feb 16, 2024 | GSA CAPITAL PARTNERS LLP | added | 3.03 | 88,000 | 607,000 | 0.05% |
Feb 15, 2024 | Virtus Investment Advisers, Inc. | new | - | 45,167 | 45,167 | 0.03% |
Feb 15, 2024 | Virtus Investment Advisers, Inc. | new | - | 44,727 | 44,727 | 0.03% |
Feb 15, 2024 | BARCLAYS PLC | added | 285 | 1,170,000 | 1,516,000 | -% |
Unveiling Infinera Corp's Major ShareHolders
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index
Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>
Returns of $10,000 invested in:
Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224
Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.
Peers (Alternatives to Infinera Corp)
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSCO | 201.6B | 57.2B | 15 | 3.52 | ||||
ANET | 90.2B | 5.9B | 43.21 | 15.39 | ||||
HPQ | 29.5B | 53.1B | 8.65 | 0.56 | ||||
HPE | 23.0B | 29.1B | 11.35 | 0.79 | ||||
LOGI | 13.9B | 4.2B | 28.68 | 3.28 | ||||
JNPR | 12.0B | 5.6B | 38.69 | 2.16 | ||||
MID-CAP | ||||||||
UI | 7.0B | 1.9B | 18.83 | 3.73 | ||||
BDC | 3.8B | 2.5B | 15.78 | 1.52 | ||||
LITE | 3.3B | 1.4B | -12.25 | 2.27 | ||||
SMALL-CAP | ||||||||
EXTR | 1.5B | 1.3B | 18.57 | 1.11 | ||||
AAOI | 536.0M | 217.6M | -9.56 | 2.46 | ||||
ADTN | 420.9M | 1.1B | -1.57 | 0.37 | ||||
ALOT | 132.9M | 148.3M | 39.72 | 0.9 | ||||
AKTS | 57.2M | 29.7M | -0.83 | 1.93 | ||||
AIRG | 56.8M | 56.0M | -4.57 | 1.01 |
Infinera Corp News
Income Statement (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Revenue | 4.3% | 392,369,000 | 376,228,000 | 392,075,000 | 485,936,000 | 390,447,000 | 357,985,000 | 338,874,000 | 400,257,000 | 355,814,000 | 338,227,000 | 330,907,000 | 353,525,000 | 340,211,000 | 331,587,000 | 330,273,000 | 384,567,000 | 325,341,000 | 296,250,000 | 292,707,000 | 332,058,000 | 200,413,000 |
Cost Of Revenue | 0.3% | 234,049,000 | 233,436,000 | 245,177,000 | 305,422,000 | 256,032,000 | 248,785,000 | 227,227,000 | 257,791,000 | 237,721,000 | 217,844,000 | 213,875,000 | 227,382,000 | 231,935,000 | 234,180,000 | 253,307,000 | 273,161,000 | 238,512,000 | 234,994,000 | 226,275,000 | 247,554,000 | 130,234,000 |
Gross Profit | 10.9% | 158,320,000 | 142,792,000 | 146,898,000 | 180,514,000 | 134,415,000 | 109,200,000 | 111,647,000 | 142,466,000 | 118,093,000 | 120,383,000 | 117,032,000 | 126,143,000 | 108,276,000 | 97,407,000 | 76,966,000 | 111,406,000 | 86,829,000 | 61,256,000 | 66,432,000 | 84,504,000 | 70,179,000 |
Operating Expenses | -4.1% | 150,665,000 | 157,083,000 | 156,363,000 | 155,156,000 | 143,722,000 | 148,914,000 | 148,141,000 | 152,608,000 | 149,069,000 | 143,631,000 | 140,145,000 | 132,919,000 | 135,193,000 | 142,033,000 | 153,846,000 | 172,277,000 | 156,116,000 | 169,640,000 | 178,120,000 | 198,728,000 | 95,337,000 |
S&GA Expenses | -1.3% | 41,075,000 | 41,624,000 | 41,707,000 | 41,373,000 | 33,919,000 | 35,329,000 | 35,824,000 | 39,052,000 | 33,223,000 | 33,782,000 | 32,772,000 | 32,145,000 | 28,954,000 | 31,816,000 | 36,689,000 | 37,979,000 | 35,756,000 | 37,651,000 | 40,037,000 | 42,680,000 | 24,439,000 |
R&D Expenses | -3.2% | 76,846,000 | 79,346,000 | 81,042,000 | 77,986,000 | 76,156,000 | 78,635,000 | 73,411,000 | 75,783,000 | 76,648,000 | 73,934,000 | 73,529,000 | 64,728,000 | 65,636,000 | 67,090,000 | 68,180,000 | 68,632,000 | 71,748,000 | 73,937,000 | 73,660,000 | 78,805,000 | 50,658,000 |
EBITDA Margin | -0.2% | 0.07 | 0.07 | 0.05 | 0.03 | 0.00 | -0.03 | -0.01 | -0.02 | 0.00 | 0.01 | 0.00 | -0.04 | - | - | - | - | - | - | - | - | - |
Interest Expenses | 3.0% | 7,608,000 | 7,387,000 | 6,800,000 | 7,255,000 | 6,516,000 | 7,252,000 | 4,992,000 | 12,617,000 | 12,622,000 | 12,017,000 | 11,843,000 | 12,853,000 | 12,645,000 | 12,436,000 | 8,794,000 | 8,946,000 | 7,868,000 | 7,280,000 | 7,563,000 | 13,705,000 | 2,160,000 |
Income Taxes | -61.5% | 2,500,000 | 6,500,000 | 3,600,000 | 3,983,500 | 4,792,000 | 5,300,000 | 6,437,000 | 2,447,000 | 5,455,000 | 3,100,000 | 1,011,000 | 1,105,000 | 1,359,000 | 2,635,000 | 936,000 | -163,000 | 1,548,000 | 1,385,000 | 193,000 | 12,000 | 135,000 |
Earnings Before Taxes | 50.0% | -6,900,000 | -13,800,000 | -4,838,000 | 37,403,000 | -7,100,000 | -50,382,000 | -35,413,000 | -30,621,000 | -48,300,000 | -32,500,000 | -47,300,000 | -8,819,000 | -34,537,000 | -59,000,000 | -98,332,000 | -66,757,000 | -83,219,000 | -112,271,000 | -121,408,000 | -133,455,000 | -32,475,000 |
EBT Margin | 1.3% | 0.01 | 0.01 | -0.02 | -0.04 | -0.08 | -0.11 | -0.10 | -0.11 | -0.10 | -0.09 | -0.11 | -0.15 | - | - | - | - | - | - | - | - | - |
Net Income | 53.5% | -9,413,000 | -20,263,000 | -8,410,000 | 33,458,000 | -11,930,000 | -55,721,000 | -41,850,000 | -33,068,000 | -53,794,000 | -35,594,000 | -48,322,000 | -9,924,000 | -35,896,000 | -61,635,000 | -99,268,000 | -66,594,000 | -84,767,000 | -113,656,000 | -121,601,000 | -133,467,000 | -32,610,000 |
Net Income Margin | 35.3% | 0.00 | 0.00 | -0.03 | -0.05 | -0.10 | -0.13 | -0.11 | -0.12 | -0.11 | -0.10 | -0.11 | -0.15 | - | - | - | - | - | - | - | - | - |
Free Cashflow | -360.9% | -43,111,000 | -9,353,000 | -18,578,000 | -8,867,000 | 8,611,000 | -83,086,000 | -271,000 | -7,696,000 | -19,700,000 | 7,236,000 | 6,909,000 | 40,355,000 | - | - | - | - | - | - | - | - | - |
Balance Sheet | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Assets | -1.1% | 1,568 | 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 |
Current Assets | -1.6% | 1,039 | 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 |
Cash Equivalents | -24.0% | 124 | 163 | 164 | 179 | 198 | 131 | 192 | 203 | 203 | 220 | 234 | 298 | 197 | 203 | 262 | 133 | 95.00 | 109 | 167 | 242 | 416 |
Inventory | 6.9% | 457 | 427 | 413 | 375 | 331 | 310 | 292 | 291 | 290 | 274 | 263 | 269 | 276 | 288 | 320 | 340 | 325 | 339 | 332 | 312 | 212 |
Net PPE | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 149 | 151 | 157 | 159 | 161 | 168 | 132 |
Goodwill | -1.0% | 225 | 227 | 234 | 233 | 224 | 237 | 250 | 256 | 265 | 269 | 265 | 273 | 256 | 251 | 239 | 250 | 234 | 229 | 222 | 227 | 48.00 |
Current Liabilities | -2.3% | 615 | 629 | 634 | 704 | 578 | 555 | 563 | 612 | 520 | 515 | 506 | 634 | 500 | 562 | 605 | 715 | 558 | 532 | 491 | 503 | 219 |
Short Term Borrowings | - | - | - | - | - | - | - | - | - | 0.00 | 0.00 | 25.00 | 102 | 25.00 | 28.00 | 32.00 | 32.00 | 7.00 | - | - | - | - |
Long Term Debt | -2.7% | 658 | 676 | 662 | 668 | 667 | 640 | 599 | 477 | 469 | 461 | 453 | 446 | 516 | 508 | 510 | 324 | 319 | 284 | 280 | 267 | 263 |
LT Debt, Non Current | -2.7% | 658 | 676 | 662 | 668 | 667 | 640 | 599 | 477 | 469 | 461 | 453 | 446 | 516 | 508 | 510 | 324 | 319 | 284 | 280 | 267 | 263 |
Shareholder's Equity | 8.4% | 181 | 167 | 186 | 180 | 114 | 117 | 170 | 324 | 340 | 377 | 393 | 426 | 349 | 330 | 362 | 387 | 427 | 515 | 617 | 704 | 704 |
Retained Earnings | -0.5% | -1,737 | -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 | -933 | -823 |
Additional Paid-In Capital | 1.1% | 1,964 | 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 |
Shares Outstanding | 1.3% | 229 | 226 | 225 | 220 | 215 | 216 | 212 | 211 | 209 | 207 | 203 | 188 | - | - | - | - | - | - | - | - | - |
Float | - | - | - | - | - | - | 835 | - | - | - | 1,602 | - | - | - | 778 | - | - | - | 372 | - | - | - |
Cashflow (Quarterly) | ||||||||||||||||||||||
Description | (%) Q/Q | 2023Q3 | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 |
Cashflow From Operations | -2198.1% | -29,793 | 1,420 | -1,769 | -564 | 19,635 | -72,419 | 15,788 | 1,369 | -13,175 | 21,304 | 18,630 | 52,216 | -36,427 | -36,572 | -91,517 | -10,190 | -37,193 | -63,813 | -56,154 | -71,554 | -20,411 |
Share Based Compensation | -12.5% | 15,745 | 17,997 | 15,651 | 16,597 | 13,696 | 17,783 | 12,939 | 13,267 | 13,632 | 13,939 | 10,974 | 12,919 | 12,063 | 12,776 | 11,703 | 11,659 | 9,946 | 13,047 | 8,713 | 9,016 | 11,367 |
Cashflow From Investing | -23.6% | -13,318 | -10,773 | -16,809 | -8,303 | -11,024 | -10,667 | -16,059 | -9,065 | -6,525 | -14,068 | -11,721 | -11,861 | -8,146 | -10,538 | -8,464 | -2,649 | -10,270 | 6,358 | -6,048 | -109,564 | 25,451 |
Cashflow From Financing | -68.7% | 2,910 | 9,309 | 4,807 | -4,326 | 45,429 | 34,831 | 6,412 | -4,815 | 3,814 | -28,074 | -72,469 | 57,313 | 36,390 | -14,562 | 255,021 | 23,237 | 32,799 | -450 | 16,324 | -1,262 | 349,049 |
Buy Backs | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 32.00 | 39.00 | 354 | - | 51.00 | 129 |
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands | 12 Months Ended | ||
---|---|---|---|
Dec. 31, 2022 | Dec. 25, 2021 | Dec. 26, 2020 | |
Revenue: | |||
Revenue | $ 1,573,242 | $ 1,425,205 | $ 1,355,596 |
Cost of revenue: | |||
Amortization of intangible assets | 23,138 | 19,621 | 29,247 |
Acquisition and integration costs | 0 | 0 | 1,828 |
Restructuring and other related costs | 222 | 1,531 | 4,146 |
Total cost of revenue | 1,037,466 | 927,231 | 946,804 |
Gross profit | 535,776 | 497,974 | 408,792 |
Operating expenses: | |||
Research and development | 306,188 | 299,894 | 265,634 |
Sales and marketing | 146,445 | 138,829 | 129,604 |
General and administrative | 118,602 | 115,415 | 112,240 |
Amortization of intangible assets | 14,576 | 17,455 | 18,581 |
Acquisition and integration costs | 0 | 614 | 13,346 |
Restructuring and other related costs | 10,122 | 13,246 | 24,586 |
Total operating expenses | 595,933 | 585,453 | 563,991 |
Loss from operations | (60,157) | (87,479) | (155,199) |
Other income (expense), net: | |||
Interest income | 893 | 455 | 118 |
Interest expense | (26,015) | (49,099) | (46,728) |
Gain on extinguishment of debt | 15,521 | 0 | 0 |
Other income (expense), net | 14,247 | (22,667) | 1,121 |
Total other income (expense), net | 4,646 | (71,311) | (45,489) |
Loss before income taxes | (55,511) | (158,790) | (200,688) |
Provision for income taxes | 20,532 | 11,988 | 6,035 |
Net loss | $ (76,043) | $ (170,778) | $ (206,723) |
Net loss per common share: | |||
Basic (in usd per share) | $ (0.35) | $ (0.82) | $ (1.10) |
Diluted (in usd per share) | $ (0.35) | $ (0.82) | $ (1.10) |
Weighted average shares used in computing net loss per common share: | |||
Basic (in shares) | 216,376 | 207,377 | 188,216 |
Diluted (in shares) | 216,376 | 207,377 | 188,216 |
Product | |||
Revenue: | |||
Revenue | $ 1,268,624 | $ 1,099,376 | $ 1,045,551 |
Cost of revenue: | |||
Cost of revenue | 852,476 | 732,071 | 751,465 |
Services | |||
Revenue: | |||
Revenue | 304,618 | 325,829 | 310,045 |
Cost of revenue: | |||
Cost of revenue | $ 161,630 | $ 174,008 | $ 160,118 |
CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 25, 2021 |
---|---|---|
Current assets: | ||
Cash and cash equivalents | $ 178,657 | $ 190,611 |
Short-term restricted cash | 7,274 | 2,840 |
Accounts receivable, net | 419,735 | 358,954 |
Inventory | 374,855 | 291,367 |
Prepaid expenses and other current assets | 152,451 | 147,989 |
Total current assets | 1,132,972 | 991,761 |
Property, plant and equipment, net | 172,929 | 160,218 |
Operating lease right-of-use assets | 34,543 | 45,338 |
Intangible assets, net | 47,787 | 86,574 |
Goodwill | 232,663 | 255,788 |
Long-term restricted cash | 3,272 | 9,070 |
Other long-term assets | 44,972 | 38,475 |
Total assets | 1,669,138 | 1,587,224 |
Current liabilities: | ||
Accounts payable | 304,880 | 216,404 |
Accrued expenses and other current liabilities | 141,450 | 147,029 |
Accrued compensation and related benefits | 78,849 | 88,021 |
Short-term debt, net | 510 | 533 |
Accrued warranty | 19,747 | 23,204 |
Deferred revenue | 158,501 | 137,297 |
Total current liabilities | 703,937 | 612,488 |
Long-term debt, net | 667,719 | 476,789 |
Long-term accrued warranty | 16,874 | 21,106 |
Long-term deferred revenue | 23,178 | 31,612 |
Long-term deferred tax liability | 2,348 | 2,364 |
Long-term operating lease liabilities | 45,862 | 54,326 |
Other long-term liabilities | 29,573 | 64,768 |
Commitments and contingencies (Note 13) | ||
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 in 2022 and 500,000 in 2021 Issued and outstanding shares—220,408 in 2022 and 211,381 in 2021 | 220 | 211 |
Additional paid-in capital | 1,901,491 | 2,026,098 |
Accumulated other comprehensive loss | (22,471) | (4,496) |
Accumulated deficit | (1,699,593) | (1,698,042) |
Total stockholders' equity | 179,647 | 323,771 |
Total liabilities and stockholders’ equity | $ 1,669,138 | $ 1,587,224 |