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Infinera Corporation (IX6.F)
| Previous close | 5.18 |
| Open | 5.26 |
| Bid | 5.35 x 80000 |
| Ask | 5.45 x 80000 |
| Day's range | 5.26 - 5.26 |
| 52-week range | 4.45 - 8.59 |
| Volume | |
| Avg. volume | 35 |
| Market cap | 1.156B |
| Beta (5Y monthly) | 1.05 |
| PE ratio (TTM) | N/A |
| EPS (TTM) | -0.75 |
| Earnings date | 01 Aug 2022 - 05 Aug 2022 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 10.50 |
- Motley Fool
Why Infinera Stock Is Plummeting Today
Shares of Infinera (NASDAQ: INFN) are sinking in today's trading. Infinera published its first-quarter results after yesterday's market close, and sales and earnings for the period fell short of the market's targets. Infinera's revenue climbed just 2.1% year over year in the first quarter, and its adjusted gross margin contracted to 36.2%, down from 37.6% in the prior-year period.
- Motley Fool
Infinera (INFN) Q1 2022 Earnings Call Transcript
Amitabh Passi, head of IR, you may begin your conference. Today's call will include projections and estimates that constitute forward-looking statements, including, but not limited to, statements about our business plans, including our product roadmap, sales, growth, market opportunities, manufacturing operations, product, technology and strategy, statements regarding the impact of industrywide supply chain challenges and COVID-19 on our business plans and results of operations as well as statements regarding future financial performance, including our financial outlook for the second quarter of fiscal year 2022. Please be reminded that all statements are made as of today and Infinera undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this call.
- Zacks
Infinera (INFN) Reports Q1 Loss, Lags Revenue Estimates
Infinera (INFN) delivered earnings and revenue surprises of -75% and 6.67%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
