0
Broadband

Infinera beats Q3 outlook with higher revenues, adjusted operating profit

Friday 6 November 2020 | 09:07 CET | News
Interactive webinar: Vodafone Ziggo deep dive. What is the strategy for the coming years? Where does it stand in relation to its competitors? Join us on January 21st 14:00 CET for a professional profile of VodafoneZiggo in 45 minutes. Register here ...
Infinera reported third quarter results at the high end of its outlook.. Revenues rose 4.6 percent year-on-year to USD 340.2 million, compared to an outlook for USD 324-344 million. The gross margin improved to 31.8 percent from 26.7 percent a year ago, and the adjusted operating margin was a positive 2.2 percent, above the company's forecast.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Infinera
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Alaska's KPU Telecommunications deploys Infinera XTM Packet Optical Platform

Published 22 Dec 2020 14:58 CET | United States
Infinera has announced that Alaska's KPU Telecommunications has deployed Infinera's XTM Series to enhance broadband service ...

SSE Enterprise Telecoms deploys Infinera XTM Series platform

Published 02 Dec 2020 13:41 CET | United Kingdom
UK connectivity provider SSE Enterprise Telecoms has selected the XTM Series optical network platform from Infinera to expand its ...

Infinera joins IOWN Global Forum to accelerate innovations in optical networks

Published 16 Nov 2020 14:49 CET | World
Infinera joined the Innovative Optical and Wireless Network (IOWN) Global Forum. The company said it will play a pivotal role in ...

Infinera to upgrade ESnet6 scientific data network

Published 27 Oct 2020 15:32 CET | United States
Infinera announced a contract award with the US Department of Energy's Energy Sciences Network (ESnet) to build the optical ...

Telefonica, TIP, Infinera expand cell site gateway deployments to Peru

Published 22 Oct 2020 15:50 CET | Peru
Infinera announced that Telefonica Peru will commercially deploy a Disaggregated Cell Site Gateways (DCSG) platform using its ...

Seaborn picks Infinera for AMX-1 submarine network connecting US, Brazil

Published 20 Oct 2020 16:36 CET | United States
Infinera and Seaborn Networks (Seaborn) announced the launch of new submarine network services on Seaborn's AMX-1 submarine ...

KT deploys Infinera platform for Nationwide Backbone Network

Published 08 Sep 2020 14:35 CET | Korea, Republic of
Infinera announced that South Korea's KT deployed the Infinera 7300 Series Multi-haul Transport Platform in its national backbone ...

Infinera CEO steps down, COO Heard to take over

Published 06 Aug 2020 10:14 CET | World
Tom Fallon is stepping down as CEO of Infinera, after 11 years in the job. He will remain a member of the board, while COO David ...

Infinera revenues up 13% in Q1, loss widens on forex effects

Published 13 May 2020 08:48 CET | World
Infinera reported first-quarter revenues up 12.8 percent year-on-year to USD 330.3 million, near the high end of its guidance. ...

Infinera prices USD 200 mln bond offering

Published 05 Mar 2020 10:20 CET | World
Infinera has priced its offering of USD 200 million worth of convertible senior notes due 2027. The unsecured notes will be ...





Calendar   /   Industry Events

19 Jan Netflix Q4 2020
19 Jan Telefonica Germany Strategy Update
21 Jan Intel Q4 2020
21 Jan Modern Times Group EGM
25 Jan Edgeware EGM
25 Jan The Things Conference 2021
26 Jan F5 Networks fiscal Q1
26 Jan Microsoft fiscal Q2
26 Jan Verizon Communications Q4 2020
26 Jan Meetup MENA
::: More Calendar Items