Infinera Corporation provides optical transport networking equipment, software, and services worldwide. The company offers Infinera DTN-X family of platforms for subsea, long-haul, regional, and metro mesh networks; Infinera DTN platform for subsea, long-haul, and regional mesh networks that support a range of Ethernet and optical transport network client interfaces; and Infinera FlexILS Line System platform that connects various Infinera platforms over long distance fiber optic cable. It also provides Infinera TM-Series, a carrier-grade packet-optical transport platform; Infinera TS-Series, a passive optical wavelength-division multiplexing (WDM) product; Infinera Cloud Xpress Platform, a compact platform for cloud/data center interconnect applications; and Infinera ATN Platform, a small form-factor WDM platform. In addition, the company offers Infinera Open Transport Switch, a software platform that enables abstraction and virtualization of the underlying Infinera platforms; and Infinera Management Suite, a network management system used by network operators to manage various Infinera platforms. Further, it provides various support services for vraious hardware and software products. The company serves communications service providers, Internet content providers, cable providers, wholesale and enterprise carriers, research and education institutions, and government entities. It markets and sells its products and related support services primarily through its direct sales force. The company was formerly known as Zepton Networks. Infinera Corporation was founded in 2000 and is headquartered in Sunnyvale, California.
Infinera reports 3Q loss SUNNYVALE, Calif. (AP) _ Infinera Corp. (INFN) on Wednesday reported a third-quarter loss of $11.2 million, after reporting a profit in the same period a year earlier. The Sunnyvale, California-based company said it had a loss of 8 cents per share. Earnings, adjusted for one-time gains and costs, came to 5 cents per share. The results exceeded Wall Street expectations. The average estimate of nine analysts surveyed by Zacks Investment Research was breakeven on a per-share basis. The communications equipment maker posted revenue of $185.5 million in the period, which fell short of Street forecasts. Nine analysts surveyed by Zacks expected $196.3 million. Infinera shares have declined 49 percent since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $9.23, a drop of 50 percent in the last 12 months.
