Last 7 days
-0.7%
Last 30 days
2.1%
Last 90 days
9.2%
Trailing 12 Months
-7.2%
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CSCO | 205.2B | 53.2B | 2.51% | -9.53% | 18.16 | 3.86 | 3.13% | -4.42% |
ANET | 49.9B | 4.4B | 13.09% | 26.94% | 36.91 | 11.39 | 48.62% | 60.84% |
MSI | 45.0B | 9.1B | -4.73% | 15.58% | 33.01 | 4.94 | 11.52% | 9.48% |
UI | 16.2B | 1.8B | -7.22% | 3.60% | 46.46 | 9.03 | -2.33% | -35.05% |
MID-CAP | ||||||||
FFIV | 8.5B | 2.7B | -5.73% | -28.67% | 28.14 | 3.13 | 1.62% | -10.71% |
CIEN | 7.6B | 3.8B | 0.65% | -12.07% | 41.4 | 1.97 | 3.69% | -62.64% |
LITE | 3.5B | 1.8B | -15.26% | -43.44% | 121.02 | 1.89 | 7.24% | -92.58% |
VSAT | 2.6B | 3.0B | 12.01% | -25.05% | -20.14 | 0.89 | 18.78% | -488.35% |
SMALL-CAP | ||||||||
INFN | 1.7B | 1.6B | 2.08% | -7.19% | -22 | 1.06 | 10.39% | 55.47% |
COMM | 1.3B | 9.2B | -26.59% | -14.07% | -1.01 | 0.14 | 7.47% | -178.19% |
ADTN | 1.2B | 1.0B | 6.86% | 8.53% | -596.12 | 1.18 | 82.15% | 76.41% |
NTGR | 514.6M | 932.5M | -9.20% | -25.11% | -7.46 | 0.55 | -20.17% | -239.69% |
CMBM | 493.0M | 296.9M | -17.34% | -22.91% | 24.41 | 1.66 | -11.60% | -46.02% |
Income Statement (Last 12 Months) | ||||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Revenue | 5.8% | 1,573,242,000 | 1,487,563,000 | 1,452,930,000 | 1,433,172,000 | 1,425,205,000 |
Cost Of Revenue | 4.8% | 1,037,466,000 | 989,835,000 | 971,524,000 | 940,583,000 | 927,231,000 |
Gross Profit | 7.6% | 535,776,000 | 497,728,000 | 481,406,000 | 492,589,000 | 497,974,000 |
Operating Expenses | 0.4% | 595,933,000 | 593,385,000 | 598,732,000 | 593,449,000 | 585,453,000 |
S&GA Expenses | 1.6% | 146,445,000 | 144,124,000 | 143,428,000 | 141,881,000 | 138,829,000 |
R&D Expenses | 0.7% | 306,188,000 | 303,985,000 | 304,477,000 | 299,776,000 | 299,894,000 |
EBITDA | 1228.2% | 54,334,000 | -4,816,000 | -40,257,000 | -5,644,000 | - |
EBITDA Margin | 1166.6% | 0.03 | 0.00 | -0.03 | 0.00 | - |
Earnings Before Taxes | 55.1% | -55,511,000 | -123,554,000 | -164,716,000 | -146,853,000 | -158,740,000 |
EBT Margin | 57.5% | -0.04 | -0.08 | -0.11 | -0.10 | - |
Interest Expenses | -17.1% | 26,015,000 | 31,377,000 | 37,483,000 | 42,248,000 | 49,099,000 |
Net Income | 46.7% | -76,043,000 | -142,569,000 | -184,433,000 | -164,306,000 | -170,778,000 |
Net Income Margin | 49.6% | -0.05 | -0.10 | -0.13 | -0.11 | - |
Free Cahsflow | -1.4% | -83,613,000 | -82,442,000 | -110,753,000 | -20,431,000 | - |
Balance Sheet | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Assets | 11.3% | 1,669 | 1,500 | 1,469 | 1,496 | 1,587 |
Current Assets | 15.4% | 1,133 | 982 | 926 | 927 | 992 |
Cash Equivalents | -9.8% | 179 | 198 | 131 | 192 | 191 |
Inventory | 13.2% | 375 | 331 | 310 | 292 | 291 |
Goodwill | 3.8% | 233 | 224 | 237 | 250 | 256 |
Current Liabilities | 21.8% | 704 | 578 | 555 | 563 | 612 |
LT Debt, Current | 0% | 1.00 | 1.00 | 1.00 | 1.00 | - |
LT Debt, Non Current | 0.1% | 668 | 667 | 640 | 599 | 477 |
Shareholder's Equity | 57.3% | 180 | 114 | 117 | 170 | 324 |
Retained Earnings | 1.9% | -1,699 | -1,733 | -1,721 | -1,665 | -1,698 |
Additional Paid-In Capital | 0.8% | 1,901 | 1,886 | 1,867 | 1,851 | 2,026 |
Shares Outstanding | 0.7% | 220 | 219 | 216 | 213 | 211 |
Cashflow (Last 12 Months) | (In Millions) | |||||
---|---|---|---|---|---|---|
Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
Cashflow From Operations | -5.4% | -37.56 | -35.63 | -68.44 | 25.00 | 28.00 |
Share Based Compensation | 5.8% | 61.00 | 58.00 | 58.00 | 54.00 | 52.00 |
Cashflow From Investing | 1.6% | -46.05 | -46.81 | -42.32 | -45.72 | -41.38 |
Cashflow From Financing | 0.6% | 82.00 | 82.00 | 40.00 | -22.66 | -101 |
Buy Backs | -48.3% | 4.00 | 7.00 | - | - | - |
100%
86.9%
73.1%
Y-axis is the maximum loss one would have experienced if Infinera was unfortunately bought at previous high price.
0.4%
-10.5%
-8.1%
20.1%
FIve years rolling returns for Infinera.
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-03-10 | BAILLIE GIFFORD & CO | unchanged | - | 5,822 | 19,822 | -% |
2023-03-10 | VICTORY CAPITAL MANAGEMENT INC | added | 23.51 | 9,526,510 | 22,759,500 | 0.03% |
2023-03-06 | Rockefeller Capital Management L.P. | unchanged | - | 12,000 | 42,000 | -% |
2023-02-28 | Voya Investment Management LLC | reduced | -27.1 | 48,440 | 3,258,440 | -% |
2023-02-24 | NATIXIS | reduced | -72.7 | -1,043,700 | 640,300 | -% |
2023-02-22 | Kovack Advisors, Inc. | added | 0.83 | 588,193 | 2,042,190 | 0.30% |
2023-02-21 | MACQUARIE GROUP LTD | sold off | -100 | -38,000 | - | -% |
2023-02-17 | Coppell Advisory Solutions Corp. | new | - | 9,348 | 9,348 | -% |
2023-02-15 | NOMURA HOLDINGS INC | reduced | -14.82 | 338,000 | 2,184,000 | 0.01% |
2023-02-15 | TD Capital Management LLC | unchanged | - | 793 | 1,793 | -% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
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 | |
Feb 03, 2022 | blackrock inc. | 6.5% | 13,801,595 | SC 13G/A |
Fair Value | Very Pessimistic | Pessimistic | Base Case | Optimistic | Very Optimistic |
---|---|---|---|---|---|
Very Low Inflation | 1.67 -78.00% | 2.07 -72.73% | 2.86 -62.32% | 4.24 -44.14% | 6.07 -20.03% |
Current Inflation | 1.55 -79.58% | 1.89 -75.10% | 2.57 -66.14% | 3.75 -50.59% | 5.33 -29.78% |
Very High Inflation | 1.39 -81.69% | 1.67 -78.00% | 2.21 -70.88% | 3.17 -58.23% | 4.46 -41.24% |
Date Filed | Form Type | Document | |
---|---|---|---|
Mar 13, 2023 | 4 | Insider Trading | |
Mar 13, 2023 | 4 | Insider Trading | |
Mar 13, 2023 | 4 | Insider Trading | |
Mar 13, 2023 | 4 | Insider Trading | |
Mar 13, 2023 | 4 | Insider Trading | |
Mar 13, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading | |
Mar 07, 2023 | 4 | Insider Trading |
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-03-05 | TEICHMANN DAVID | acquired | - | - | 24,042 | chief legal officer |
2023-03-05 | HEARD DAVID W | sold (taxes) | -417,920 | 7.33 | -57,015 | chief executive officer |
2023-03-05 | Walden Nicholas | acquired | - | - | 21,333 | svp, worldwide sales |
2023-03-05 | Walden Nicholas | sold (taxes) | -62,752 | 7.33 | -8,561 | svp, worldwide sales |
2023-03-05 | HEARD DAVID W | acquired | - | - | 108,288 | chief executive officer |
2023-03-05 | Erba Nancy | acquired | - | - | 37,292 | chief financial officer |
2023-03-05 | Welch David F | acquired | - | - | 39,584 | - |
2023-03-05 | Fernicola Michael H | acquired | - | - | 25,000 | chief accounting officer |
2023-03-05 | Erba Nancy | sold (taxes) | -145,339 | 7.33 | -19,828 | chief financial officer |
2023-03-05 | Welch David F | sold (taxes) | -104,460 | 7.33 | -14,251 | - |
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 |