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Infinera Corporation  (INFN)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology


 

Infinera Corporation

INFN's Financial Statements and Analysis



Infinera Corporation narrowed second quarter of 2023 net loss per share of $-0.09 compare to net loss per share of $-0.26 recorded in the same quarter a year ago a decrease compare to $-0.04 realized in previous quarter.


second quarter of 2023
Earnings Per Share Revenues
$ -0.09 $  376 Mill
$+0.17     $+18M     +4.97 %



Infinera's Revenue rose by 4.97 % in second quarter of 2023 (Jul 01 2023) year on year, to $376 million and declined by -4.15 % sequentially.


Infinera is

More on INFN's Income Statement



Infinera's in thesecond quarter of 2023 recorded net loss of $-20.263 million, an improvement compare to net loss of $-55.721 million in II. Quarter a year ago.

Sequentially net loss advanced

More on INFN's Growth

Infinera Inventories
Inventories grew by 38.04 % to $427 million from II. Quarter a year ago, sequentially inventories rose by 3.5 %. In Jul 01 2023 company's net cash and cash equivalents decreased by $-3 million, capital expenditures fell by -10.6670.99%, to $-11 millions compare to same quarter a year ago

More on INFN's Cash flow Statement


Infinera Corporation does not pay out common stock dividend.

In trailing twelve-month period Infinera Corporation earned $ 0.08 cash per share, on a free-cash flow basis .

Book value fell by -11.64 % sequentially to $0.74 per share, -289.75% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ -0.42 per share from $ -0.40.

Company issued 3.53 million shares or 1.59 % in Jul 01 2023.
Interest Coverage Ratio was 1.42. Debt Coverage Ratio was 0.06.

More on INFN's Dividends

 Market Capitalization (Millions) 1,152
 Shares Outstanding (Millions) 226
 Total Debt (Millions $) 683
 Revenue (TTM) (Millions $) 1,644
 Net Income (TTM) (Millions $) -7
 Cash Flow (TTM) (Millions $) 12
 Capital Exp. (TTM) (Millions $) -47
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 2,145




Infinera Corporation does not pay out common stock dividend.

In trailing twelve-month period Infinera Corporation had $ 0.08 cash flow per share, on a free-cash flow basis .

Book value fell by -11.64 % sequentially to $0.74 per share, -289.75% of net loss per share in trailing twelve-month period were subtructed from shareholder value.
Tangible Book value fell to $ -0.42 per share from $ -0.40.

Company issued 3.53 million shares or 1.59 % in Jul 01 2023.
Interest Coverage Ratio was 1.42. Debt Coverage Ratio was 0.06.

More on INFN's Balance Sheets

 Market Capitalization (Millions) 1,152
 Shares Outstanding (Millions) 226
 Total Debt (Millions $) 683
 Revenue (TTM) (Millions $) 1,644
 Net Income (TTM) (Millions $) -7
 Cash Flow (TTM) (Millions $) 12
 Capital Exp. (TTM) (Millions $) -47
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ 2,145
   


  News about Infinera Corporation Earnings

Infinera Corporation Defies Sector Contraction with Impressive 4.974% Rise in Revenue



As the financial results for Infinera Corporation (INFN) are analyzed, it becomes evident that the company has demonstrated resilience in the face of challenging market conditions. Amidst a sector-wide contraction in consumer electronics, Infinera Corporation has managed to post positive revenue improvements, thus marking its behavior as a new revelation. However, recent market trends have led to a decline in the company's share performance. Nonetheless, with its steadfast determination to bounce back, Infinera Corporation remains a promising investment opportunity.
Positive Revenue Growth Amidst Sector Contraction:
For the reporting season of May to July 01, 2023, Infinera Corporation show...

Infinera Corporation Shows Remarkable Revenue Growth, Yet Profitability Remains Elusive for the Fiscal Period Ending April 01, 2023

Infinera Corporation is a technology company that designs, develops, and manufactures networking equipment that helps companies transmit data quickly and efficiently. The company's products include networking equipment, optical transport systems, and other related software and services. The company has been successful in the market, with its equipment being used by a variety of customers including telecommunications companies, cloud services providers, and Internet content providers.
For the fiscal span ending April 01 2023, Infinera Corporation struggled financially, posting a net deficit of $-8.41 million. However, this is a marked improvement from the same quarter a year ago when it posted a deficit o...


Date modified: 2023-08-11T03:55:15+00:00





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