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Infinera Corp (IX6.DU)

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As of February 28 at 9:14:46 AM GMT+1. Market Open.

Will the Acquisition of Infinera Propel Nokia's Share Performance?

NOK completes Infinera acquisition to expand portfolio and boost commercial prospects in the optical network business.

Zacks last month

NOKIA.HE

INFN
Infinera (INFN) Misses Q4 Earnings Estimates

Infinera (INFN) delivered earnings and revenue surprises of -66.67% and 0.33%, respectively, for the quarter ended December 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks last month

INFN
Infinera: Q4 Earnings Snapshot

SAN JOSE, Calif. AP) — Infinera Corp. INFN) on Thursday reported a loss of $26.3 million in its fourth quarter.

Associated Press Finance last month

INFN
Infinera Corporation Fourth Quarter and Fiscal 2024 Financial Results

FY’24 Highlights: Year-over-year growth in bookings and backlog; book-to-bill ratio of approximately 1.1x for FY'24 and 1.3x for Q4'24Record revenue with webscalers - total revenue exposure (direct and indirect) greater than 50% of FY'24 revenueSignificant design wins across the GX systems portfolio with webscalers and Tier 1 Communications Service Providers (CSPs)Substantial awards for ICE-X 400G and 800G pluggables from webscalers and Tier 1 CSPsLaunched ICE-D to address the projected multi-bi

GlobeNewswire last month

INFN

NOK
European Commission approves acquisition of Infinera by Nokia

The European Commission has approved unconditionally, under the EU Merger Regulation, the proposed acquisition of Infinera (INFN) by Nokia (NOK). “The Commission concluded that the transaction would raise no competition concerns in the European Economic Area,” the EC announced. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on NOK: Nokia announces collaboration with Globe

TipRanks last month

NOK

INFN
EU Commission approves Nokia’s $2.3bn takeover of Infinera

The Commission concluded that the combined market share in the supply of optical transport equipment would remain moderate.

Verdict last month

INFN

NOKIA.HE
EU approves $2.3 billion takeover of Infinera by Nokia

The EU Commission on Wednesday said it had unconditionally approved the $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera by Nokia. The commission said the takeover raised no concerns, as the companies' combined market share in the supply of optical transport equipment would be moderate and would still face credible competition. Reuters already reported earlier this month that Nokia was set for the unconditional approval for the deal, which it announced in June last year.

Reuters last month

INFN
3 Prominent US Stocks Estimated To Be Undervalued By Up To 34.8%

As the U.S. stock market seeks to recover from a recent four-day slump, with futures pointing to a higher open amid anticipation of Nvidia's earnings report, investors are closely monitoring economic indicators and policy developments for signs of stability. In this environment, identifying undervalued stocks can offer potential opportunities for growth, as these equities may be trading below their intrinsic value despite broader market fluctuations.

Simply Wall St. last month

INFN

GHLD

API
Infinera Announces Anticipated Closing Date of Acquisition by Nokia and Deadline for Infinera Stockholders to Revoke Election of Merger Consideration

SAN JOSE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Infinera Corporation (NASDAQ: INFN) (“Infinera”) today announced that its pending acquisition (the “Transaction”) by Nokia Corporation (“Nokia”) is anticipated to be completed on or about February 28, 2025, which date remains subject to receipt of remaining outstanding regulatory approvals and the satisfaction of other remaining customary closing conditions. Based on the anticipated February 28, 2025 completion date, Infinera today also announc

GlobeNewswire 2 months ago

INFN
Zayo Achieves Record-breaking 1 Tb/s Transmission on Live North American Network with Infinera’s ICE7 Coherent Optical Solution

DENVER and SAN JOSE, Calif., Feb. 18, 2025 (GLOBE NEWSWIRE) -- Zayo and Infinera (NASDAQ: INFN) announced today the successful completion of a live network trial using Infinera’s ICE7, a seventh-generation embedded optical engine, to deliver 1 Tb/s single 150GHz wavelength transmission over 1,391 kilometers (km) on a major North American route between Sacramento, CA and Salt Lake City. This achievement will enable Zayo to deliver a record-setting 32 terabits of C-Band capacity across this link,

GlobeNewswire 2 months ago

INFN
Exclusive-Nokia to gain unconditional EU nod for $2.3 billion Infinera deal, sources say

Nokia is set to secure unconditional EU antitrust clearance for its $2.3 billion acquisition of U.S. optical semiconductors and networking equipment maker Infinera, people with direct knowledge of the matter said on Friday. Nokia announced the deal in June last year, a move that would make it the second largest vendor in the optical networking market with a 20% share, behind Huawei, which is benefiting from the minimal presence of Western companies in China. The acquisition will allow Nokia to sell more equipment to big tech companies such as Amazon, Alphabet and Microsoft which are investing billions of dollars in building new data centres to service the artificial intelligence boom.

Reuters 2 months ago

INFN
Nokia Names Intel’s Data Center and AI Head Justin Hotard as New CEO

Nokia appointed Justin Hotard, a tech industry expert in data centers and AI, as its next CEO, in a move that reinforces the company’s ambition to expand into new growth areas.

The Wall Street Journal 2 months ago

KD

MSFT

INFN
Nokia Takes Aim at Data Center Market With Pledge to Increase Investments

The company plans to invest up to €100 million annually, to broaden its market in data-center networking, with a view to driving incremental net sales of 1 billion euros by 2028.

The Wall Street Journal 2 months ago

INFN

T

T-PA
Is Infinera Corporation (INFN) a Good Data Center Stock to Buy?

We recently compiled a list of the 30 Best and Worst Data Center Stocks. In this article, we are going to take a look at where Infinera Corporation (NASDAQ:INFN) stands against the other data stocks. We believe data centers are currently experiencing a remarkable growth phase as the demand for digital services, cloud computing, and broader […]

Insider Monkey 2 months ago

INFN
C3ntro Telecom Upgrades Data Center Network in Mexico with Infinera’s GX Series Solution

SAN JOSE, Calif., Jan. 21, 2025 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that C3ntro Telecom (C3ntro), Mexico’s leading provider in AI-enabled fiber networks and data center connectivity solutions in Mexico and the U.S., successfully deployed Infinera’s GX Series-based ICE6 800G solution and GX Open Line System (GX OLS) to upgrade and connect its long-haul network between Mexico City and Queretaro and interconnect all data centers across both cities with a groundbreaking capac

GlobeNewswire 3 months ago

INFN
Infinera Awarded Gold Medal by EcoVadis in Recognition of Sustainability Excellence

SAN JOSE, Calif., Jan. 07, 2025 (GLOBE NEWSWIRE) -- Infinera (NASDAQ: INFN) announced today that it has been awarded a Gold Medal by EcoVadis, a trusted provider of business sustainability ratings globally, in recognition of Infinera’s progress toward its environmental, social, and governance (ESG) goals. Infinera achieved an overall score of 79 across evaluation criteria including Environment, Labor & Human Rights, Ethics, and Sustainable Procurement, ranking in the 98th percentile and top five

GlobeNewswire 3 months ago

INFN
High Growth Tech Stocks To Watch In December 2024

Over the last 7 days, the United States market has dropped 3.5%, yet it remains up by 22% over the past year with earnings forecasted to grow by 15% annually. In this context, identifying high growth tech stocks involves looking for companies that demonstrate strong innovation and adaptability to capitalize on these positive earnings forecasts despite recent market volatility.

Simply Wall St. 4 months ago

AKBA

ALDX

INFN
3 US Stocks Estimated To Be Trading Up To 32.9% Below Intrinsic Value

As the U.S. stock market faces turbulence with major indices like the Dow and S&P 500 experiencing significant declines, investors are keenly observing opportunities that might arise from current valuations. In such a volatile environment, identifying stocks that trade below their intrinsic value can present potential investment opportunities, as these may offer room for appreciation when market conditions stabilize.

Simply Wall St. 4 months ago

ZYXI

GHLD

INFN
Infinera (INFN) Reports Break-Even Earnings for Q3

Infinera (INFN) delivered earnings and revenue surprises of -100% and 11.83%, respectively, for the quarter ended September 2024. Do the numbers hold clues to what lies ahead for the stock?

Zacks 5 months ago

INFN
Infinera: Q3 Earnings Snapshot

SAN JOSE, Calif. AP) — Infinera Corp. INFN) on Tuesday reported a loss of $14.3 million in its third quarter.

Associated Press Finance 5 months ago

INFN

Performance Overview

Return	IX6.DU	S&P 500 (^GSPC)
YTD	-100.00%	-6.75%
1-Year	-100.00%	+8.15%
3-Year	-100.00%	+28.40%

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Infinera Corp (IX6.DU)

Will the Acquisition of Infinera Propel Nokia's Share Performance?

Infinera (INFN) Misses Q4 Earnings Estimates

Infinera: Q4 Earnings Snapshot

Infinera Corporation Fourth Quarter and Fiscal 2024 Financial Results

European Commission approves acquisition of Infinera by Nokia

EU Commission approves Nokia’s $2.3bn takeover of Infinera

EU approves $2.3 billion takeover of Infinera by Nokia

3 Prominent US Stocks Estimated To Be Undervalued By Up To 34.8%

Infinera Announces Anticipated Closing Date of Acquisition by Nokia and Deadline for Infinera Stockholders to Revoke Election of Merger Consideration

Zayo Achieves Record-breaking 1 Tb/s Transmission on Live North American Network with Infinera’s ICE7 Coherent Optical Solution

Exclusive-Nokia to gain unconditional EU nod for $2.3 billion Infinera deal, sources say

Nokia Names Intel’s Data Center and AI Head Justin Hotard as New CEO

Nokia Takes Aim at Data Center Market With Pledge to Increase Investments

Is Infinera Corporation (INFN) a Good Data Center Stock to Buy?

C3ntro Telecom Upgrades Data Center Network in Mexico with Infinera’s GX Series Solution

Infinera Awarded Gold Medal by EcoVadis in Recognition of Sustainability Excellence

High Growth Tech Stocks To Watch In December 2024

3 US Stocks Estimated To Be Trading Up To 32.9% Below Intrinsic Value

Infinera (INFN) Reports Break-Even Earnings for Q3

Infinera: Q3 Earnings Snapshot

Performance Overview