INFN - Infinera Corporation
NASDAQ
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Communication Equipment
San Jose,
United States
Type: Equity
INFN price evolution
INFN
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Jan 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $125.65 | $165.46 | $167.64 | $185.93 |
| Short term investments | ||||
| Net receivables | $328.86 | $325.65 | $334.43 | $419.74 |
| Inventory | $456.88 | $427.39 | $412.94 | $374.86 |
| Total current assets | $1038.54 | $1055.27 | $1070.24 | $1132.97 |
| Long term investments | $0.98 | $1.3 | $2.1 | $3.27 |
| Property, plant & equipment | $230.59 | $222.7 | $211.44 | $207.47 |
| Goodwill & intangible assets | $252.29 | $261.02 | $274.44 | $280.45 |
| Total noncurrent assets | $529.78 | $530.87 | $528.15 | $536.17 |
| Total investments | $0.98 | $1.3 | $2.1 | $3.27 |
| Total assets | $1568.33 | $1586.14 | $1598.39 | $1669.14 |
| Current liabilities | ||||
| Accounts payable | $282.12 | $279.64 | $275.18 | $304.88 |
| Deferred revenue | $121.95 | $157.06 | $175.55 | $181.68 |
| Short long term debt | $25.64 | $7.02 | $7.15 | $0.51 |
| Total current liabilities | $614.83 | $629.41 | $634.23 | $703.94 |
| Long term debt | $697.09 | $718.33 | $706.38 | $667.72 |
| Total noncurrent liabilities | $772.26 | $789.55 | $777.9 | $785.55 |
| Total debt | $722.74 | $725.35 | $713.53 | $714.09 |
| Total liabilities | $1387.1 | $1418.96 | $1412.13 | $1489.49 |
| Shareholders' equity | ||||
| Retained earnings | -$1737.68 | -$1728.27 | -$1708 | -$1699.59 |
| Other shareholder equity | -$45.16 | -$47.26 | -$31.03 | -$22.47 |
| Total shareholder equity | $181.23 | $167.18 | $186.26 | $179.65 |
| (in millions $) | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $185.93 | $193.45 | $301.31 | $113.54 |
| Short term investments | ||||
| Net receivables | $419.74 | $358.95 | $319.43 | $349.64 |
| Inventory | $374.86 | $291.37 | $269.31 | $340.43 |
| Total current assets | $1132.97 | $991.76 | $1061.87 | $942.83 |
| Long term investments | $3.27 | $9.07 | $14.08 | $19.26 |
| Property, plant & equipment | $207.47 | $205.56 | $221.98 | $218.87 |
| Goodwill & intangible assets | $280.45 | $342.36 | $398.31 | $420.19 |
| Total noncurrent assets | $536.17 | $595.46 | $670.62 | $685.51 |
| Total investments | $3.27 | $9.07 | $14.08 | $19.26 |
| Total assets | $1669.14 | $1587.22 | $1732.5 | $1628.34 |
| Current liabilities | ||||
| Accounts payable | $304.88 | $216.4 | $175.76 | $273.4 |
| Deferred revenue | $181.68 | $168.91 | $163.06 | $139.82 |
| Short long term debt | $0.51 | $0.53 | $101.98 | $31.67 |
| Total current liabilities | $703.94 | $612.49 | $633.89 | $715.32 |
| Long term debt | $667.72 | $531.12 | $523.5 | $390.28 |
| Total noncurrent liabilities | $785.55 | $650.97 | $672.33 | $526.48 |
| Total debt | $714.09 | $531.65 | $625.49 | $421.95 |
| Total liabilities | $1489.49 | $1263.45 | $1306.21 | $1241.8 |
| Shareholders' equity | ||||
| Retained earnings | -$1699.59 | -$1698.04 | -$1527.26 | -$1319.89 |
| Other shareholder equity | -$22.47 | -$4.5 | -$11.9 | -$34.64 |
| Total shareholder equity | $179.65 | $323.77 | $426.28 | $386.54 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $392.37 | $376.23 | $392.07 | $485.94 |
| Cost of revenue | $234.05 | $233.44 | $245.18 | $305.42 |
| Gross Profit | $158.32 | $142.79 | $146.9 | $180.51 |
| Operating activities | ||||
| Research & development | $76.85 | $79.35 | $81.04 | $77.99 |
| Selling, general & administrative | $70.44 | $72.78 | $70.94 | $73.01 |
| Total operating expenses | $150.66 | $157.08 | $156.36 | $155.16 |
| Operating income | $7.66 | -$14.29 | -$9.46 | $25.36 |
| Income from continuing operations | ||||
| EBIT | $0.66 | -$6.4 | $1.96 | $44.68 |
| Income tax expense | $2.47 | $6.47 | $3.57 | $3.96 |
| Interest expense | $7.61 | $7.39 | $6.8 | $7.25 |
| Net income | ||||
| Net income | -$9.41 | -$20.26 | -$8.41 | $33.46 |
| Income (for common shares) | -$9.41 | -$20.26 | -$8.41 | $33.46 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1573.24 | $1425.2 | $1355.6 | $1298.87 |
| Cost of revenue | $1037.47 | $927.23 | $946.8 | $972.94 |
| Gross Profit | $535.78 | $497.97 | $408.79 | $325.92 |
| Operating activities | ||||
| Research & development | $306.19 | $299.89 | $265.63 | $287.98 |
| Selling, general & administrative | $265.05 | $254.24 | $241.84 | $277.77 |
| Total operating expenses | $595.93 | $585.45 | $563.99 | $676.15 |
| Operating income | -$60.16 | -$87.48 | -$155.2 | -$350.23 |
| Income from continuing operations | ||||
| EBIT | -$29.5 | -$109.69 | -$153.96 | -$352 |
| Income tax expense | $20.53 | $11.99 | $6.04 | $2.96 |
| Interest expense | $26.02 | $49.1 | $46.73 | $31.66 |
| Net income | ||||
| Net income | -$76.04 | -$170.78 | -$206.72 | -$386.62 |
| Income (for common shares) | -$76.04 | -$170.78 | -$206.72 | -$386.62 |
| (in millions $) | 30 Sep 2023 | 30 Jun 2023 | 31 Mar 2023 | 31 Dec 2022 |
|---|---|---|---|---|
| Net income | -$9.41 | -$20.26 | -$8.41 | $33.46 |
| Operating activities | ||||
| Depreciation | $20 | $19.8 | $19.6 | $19.82 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $15.74 | $18 | $15.65 | $16.6 |
| Total cash flows from operations | -$29.79 | $1.42 | -$1.77 | -$0.56 |
| Investing activities | ||||
| Capital expenditures | -$13.32 | -$10.77 | -$16.81 | -$8.3 |
| Investments | ||||
| Total cash flows from investing | -$13.32 | -$10.77 | -$16.81 | -$8.3 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $6.19 | $8.74 | ||
| Net borrowings | -$0.52 | $13.06 | -$0.51 | -$1.63 |
| Total cash flows from financing | $2.91 | $9.31 | $4.81 | -$4.33 |
| Effect of exchange rate | $0.08 | -$2.93 | -$5.7 | -$7.62 |
| Change in cash and equivalents | -$40.12 | -$2.98 | -$19.47 | -$20.81 |
| (in millions $) | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 | 31 Dec 2019 |
|---|---|---|---|---|
| Net income | -$76.04 | -$170.78 | -$206.72 | -$386.62 |
| Operating activities | ||||
| Depreciation | $83.83 | $83.58 | $100.14 | $119.82 |
| Business acquisitions & disposals | -$10 | |||
| Stock-based compensation | $61.02 | $51.81 | $49.46 | $43.29 |
| Total cash flows from operations | -$37.56 | $28.13 | -$112.3 | -$167.35 |
| Investing activities | ||||
| Capital expenditures | -$46.05 | -$41.38 | -$39.01 | -$30.2 |
| Investments | $27.59 | |||
| Total cash flows from investing | -$46.05 | -$41.38 | -$39.01 | -$12.61 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $15.19 | $16.5 | $109.99 | $12.05 |
| Net borrowings | $78.61 | -$103.59 | $231.88 | $60.28 |
| Total cash flows from financing | $82.35 | -$101.54 | $334.16 | $71.91 |
| Effect of exchange rate | -$12.05 | $1.93 | -$0.27 | -$1.49 |
| Change in cash and equivalents | -$13.32 | -$112.86 | $182.59 | -$109.54 |
News
Fundamentals
| Market cap | $1.14B |
|---|---|
| Enterprise value | $1.74B |
| Shares outstanding | 229.44M |
| Revenue | $1.65B |
|---|---|
| EBITDA | $120.12M |
| EBIT | $40.90M |
| Net Income | -$4.63M |
| Revenue Q/Q | 0.49% |
| Revenue Y/Y | 10.69% |
| P/E ratio | -246.89 |
|---|---|
| EV/Sales | 1.06 |
| EV/EBITDA | 14.48 |
| EV/EBIT | 42.54 |
| P/S ratio | 0.69 |
| P/B ratio | 5.05 |
| Book/Share | 0.99 |
| Cash/Share | 0.55 |
| EPS | -$0.02 |
|---|---|
| ROA | -0.29% |
| ROE | -2.59% |
| Debt/Equity | 8.29 |
|---|---|
| Net debt/EBITDA | 10.50 |
| Current ratio | 1.69 |
| Quick ratio | 0.95 |