INFN - Infinera Corporation
NASDAQ
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Technology
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Communication Equipment
San Jose,
United States
Type: Equity
INFN price evolution
INFN
| (in millions $) | 30 Jun 2024 | 30 Apr 2024 | 30 Jan 2024 | 30 Sep 2023 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $115 | $191.33 | $173.02 | $125.65 |
| Short term investments | ||||
| Net receivables | $284.38 | $265.07 | $381.98 | $328.86 |
| Inventory | $384.26 | $420.67 | $431.16 | $456.88 |
| Total current assets | $950.79 | $1014.39 | $1115.38 | $1038.54 |
| Long term investments | $0.65 | $0.83 | $0.84 | $0.98 |
| Property, plant & equipment | $259 | $244.34 | $246.97 | $230.59 |
| Goodwill & intangible assets | $250.99 | $252.22 | $265.38 | $252.29 |
| Total noncurrent assets | $568.05 | $550.77 | $563.85 | $529.78 |
| Total investments | $0.65 | $0.83 | $0.84 | $0.98 |
| Total assets | $1518.84 | $1565.16 | $1679.24 | $1568.33 |
| Current liabilities | ||||
| Accounts payable | $237.9 | $239.24 | $299 | $282.12 |
| Deferred revenue | $162.91 | $166.2 | $157.58 | $121.95 |
| Short long term debt | $25.27 | $25.38 | $25.51 | $25.64 |
| Total current liabilities | $604.45 | $614.3 | $673.99 | $614.83 |
| Long term debt | $705.22 | $659.58 | $658.76 | $697.09 |
| Total noncurrent liabilities | $782.8 | $789.32 | $788.65 | $772.26 |
| Total debt | $730.49 | $729.58 | $731.73 | $722.74 |
| Total liabilities | $1387.25 | $1403.62 | $1462.65 | $1387.1 |
| Shareholders' equity | ||||
| Retained earnings | -$1834.49 | -$1786.2 | -$1724.81 | -$1737.68 |
| Other shareholder equity | -$32.83 | -$43.03 | -$34.85 | -$45.16 |
| Total shareholder equity | $131.59 | $161.54 | $216.59 | $181.23 |
| (in millions $) | 30 Jan 2024 | 31 Jan 2023 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Current assets | ||||
| Cash | $173.02 | $185.93 | $193.45 | $301.31 |
| Short term investments | ||||
| Net receivables | $381.98 | $419.74 | $358.95 | $319.43 |
| Inventory | $431.16 | $374.86 | $291.37 | $269.31 |
| Total current assets | $1115.38 | $1132.97 | $991.76 | $1061.87 |
| Long term investments | $0.84 | $3.27 | $9.07 | $14.08 |
| Property, plant & equipment | $246.97 | $207.47 | $205.56 | $221.98 |
| Goodwill & intangible assets | $265.38 | $280.45 | $342.36 | $398.31 |
| Total noncurrent assets | $563.85 | $536.17 | $595.46 | $670.62 |
| Total investments | $0.84 | $3.27 | $9.07 | $14.08 |
| Total assets | $1679.24 | $1669.14 | $1587.22 | $1732.5 |
| Current liabilities | ||||
| Accounts payable | $299 | $304.88 | $216.4 | $175.76 |
| Deferred revenue | $157.58 | $181.68 | $168.91 | $163.06 |
| Short long term debt | $25.51 | $0.51 | $0.53 | $101.98 |
| Total current liabilities | $673.99 | $703.94 | $612.49 | $633.89 |
| Long term debt | $658.76 | $667.72 | $531.12 | $523.5 |
| Total noncurrent liabilities | $788.65 | $785.55 | $650.97 | $672.33 |
| Total debt | $731.73 | $714.09 | $531.65 | $625.49 |
| Total liabilities | $1462.65 | $1489.49 | $1263.45 | $1306.21 |
| Shareholders' equity | ||||
| Retained earnings | -$1724.81 | -$1699.59 | -$1698.04 | -$1527.26 |
| Other shareholder equity | -$34.85 | -$22.47 | -$4.5 | -$11.9 |
| Total shareholder equity | $216.59 | $179.65 | $323.77 | $426.28 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $342.74 | $306.92 | $453.46 | $392.37 |
| Cost of revenue | $207.15 | $196.48 | $278.55 | $234.05 |
| Gross Profit | $135.59 | $110.44 | $174.9 | $158.32 |
| Operating activities | ||||
| Research & development | $74.68 | $77.26 | $79.64 | $76.85 |
| Selling, general & administrative | $76 | $73.59 | $77.64 | $70.44 |
| Total operating expenses | $165.4 | $153.42 | $163.64 | $150.66 |
| Operating income | -$29.81 | -$42.98 | $11.26 | $7.66 |
| Income from continuing operations | ||||
| EBIT | -$40.2 | -$48.07 | $16.98 | $0.66 |
| Income tax expense | -$0.07 | $4.69 | -$4.71 | $2.47 |
| Interest expense | $8.16 | $8.63 | $8.81 | $7.61 |
| Net income | ||||
| Net income | -$48.29 | -$61.4 | $12.87 | -$9.41 |
| Income (for common shares) | -$48.29 | -$61.4 | $12.87 | -$9.41 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Revenue | ||||
| Total revenue | $1614.13 | $1573.24 | $1425.2 | $1355.6 |
| Cost of revenue | $991.22 | $1037.47 | $927.23 | $946.8 |
| Gross Profit | $622.91 | $535.78 | $497.97 | $408.79 |
| Operating activities | ||||
| Research & development | $316.88 | $306.19 | $299.89 | $265.63 |
| Selling, general & administrative | $291.81 | $265.05 | $254.24 | $241.84 |
| Total operating expenses | $627.75 | $595.93 | $585.45 | $563.99 |
| Operating income | -$4.84 | -$60.16 | -$87.48 | -$155.2 |
| Income from continuing operations | ||||
| EBIT | $13.2 | -$29.5 | -$109.69 | -$153.96 |
| Income tax expense | $7.8 | $20.53 | $11.99 | $6.04 |
| Interest expense | $30.61 | $26.02 | $49.1 | $46.73 |
| Net income | ||||
| Net income | -$25.21 | -$76.04 | -$170.78 | -$206.72 |
| Income (for common shares) | -$25.21 | -$76.04 | -$170.78 | -$206.72 |
| (in millions $) | 30 Jun 2024 | 31 Mar 2024 | 31 Dec 2023 | 30 Sep 2023 |
|---|---|---|---|---|
| Net income | -$48.29 | -$61.4 | $12.87 | -$9.41 |
| Operating activities | ||||
| Depreciation | $15.54 | $15.45 | $19.38 | $20 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $9.8 | $14.53 | $12.76 | $15.74 |
| Total cash flows from operations | -$59.95 | $24.03 | $79.65 | -$29.79 |
| Investing activities | ||||
| Capital expenditures | -$14.58 | -$8.08 | -$21.41 | -$13.32 |
| Investments | ||||
| Total cash flows from investing | -$14.58 | -$8.08 | -$21.41 | -$13.32 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $0 | $6.19 | ||
| Net borrowings | -$0.38 | -$0.23 | -$0.37 | -$0.52 |
| Total cash flows from financing | -$4.33 | -$3.02 | -$3.31 | $2.91 |
| Effect of exchange rate | $2.36 | $5.38 | -$7.7 | $0.08 |
| Change in cash and equivalents | -$76.51 | $18.3 | $47.22 | -$40.12 |
| (in millions $) | 31 Dec 2023 | 31 Dec 2022 | 31 Dec 2021 | 31 Dec 2020 |
|---|---|---|---|---|
| Net income | -$25.21 | -$76.04 | -$170.78 | -$206.72 |
| Operating activities | ||||
| Depreciation | $78.78 | $83.83 | $83.58 | $100.14 |
| Business acquisitions & disposals | ||||
| Stock-based compensation | $62.15 | $61.02 | $51.81 | $49.46 |
| Total cash flows from operations | $49.51 | -$37.56 | $28.13 | -$112.3 |
| Investing activities | ||||
| Capital expenditures | -$62.31 | -$46.05 | -$41.38 | -$39.01 |
| Investments | ||||
| Total cash flows from investing | -$62.31 | -$46.05 | -$41.38 | -$39.01 |
| Financing activities | ||||
| Dividends paid | ||||
| Sale and purchase of stock | $14.93 | $15.19 | $16.5 | $109.99 |
| Net borrowings | $11.66 | $78.61 | -$103.59 | $231.88 |
| Total cash flows from financing | $13.71 | $82.35 | -$101.54 | $334.16 |
| Effect of exchange rate | -$16.25 | -$12.05 | $1.93 | -$0.27 |
| Change in cash and equivalents | -$15.34 | -$13.32 | -$112.86 | $182.59 |
News
Fundamentals
| Market cap | $1.55B |
|---|---|
| Enterprise value | $2.17B |
| Shares outstanding | 235.13M |
| Revenue | $1.50B |
|---|---|
| EBITDA | -$260.00K |
| EBIT | -$70.63M |
| Net Income | -$106.22M |
| Revenue Q/Q | -8.90% |
| Revenue Y/Y | -9.07% |
| P/E ratio | -14.63 |
|---|---|
| EV/Sales | 1.45 |
| EV/EBITDA | -8.35K |
| EV/EBIT | -30.72 |
| P/S ratio | 1.04 |
| P/B ratio | 9.45 |
| Book/Share | 0.70 |
| Cash/Share | 0.49 |
| EPS | -$0.45 |
|---|---|
| ROA | -6.71% |
| ROE | -61.49% |
| Debt/Equity | 6.75 |
|---|---|
| Net debt/EBITDA | -4.89K |
| Current ratio | 1.57 |
| Quick ratio | 0.94 |