Infinera Corp financial data

Symbol
INFN on Nasdaq
Industry
Telephone & Telegraph Apparatus
Location
6373 San Ignacio Avenue, San Jose, California
State of incorporation
Delaware
Fiscal year end
December 28
Former names
ZEPTON NETWORKS INC (to 8/28/2002)
Latest financial report
Q1 2024 - May 24, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 167 % +0.26%
Quick Ratio 68.6 % +18.6%
Return On Assets -4.89 % -79%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 234 M shares +3.25%
Common Stock, Shares, Outstanding 232 M shares +3.17%
Entity Public Float 688 M USD -17.7%
Common Stock, Value, Issued 232 K USD +3.11%
Weighted Average Number of Shares Outstanding, Basic 232 M shares +4.11%
Weighted Average Number of Shares Outstanding, Diluted 232 M shares +4.11%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 1.53 B USD -5.99%
Cost of Revenue 943 M USD -10.7%
Research and Development Expense 313 M USD -0.23%
Selling and Marketing Expense 166 M USD +8.96%
General and Administrative Expense 128 M USD +7.12%
Operating Income (Loss) -38.4 M USD -15.8%
Nonoperating Income (Expense) -30.9 M USD -477%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -69.3 M USD -178%
Income Tax Expense (Benefit) 8.93 M USD -49.5%
Net Income (Loss) Attributable to Parent -78.2 M USD -83.6%
Earnings Per Share, Basic -0.34 USD/shares -78.9%
Earnings Per Share, Diluted -0.34 USD/shares -78.9%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 191 M USD +16.5%
Accounts Receivable, after Allowance for Credit Loss, Current 265 M USD -20.7%
Inventory, Net 421 M USD +1.87%
Assets, Current 1.01 B USD -5.22%
Operating Lease, Right-of-Use Asset 37.6 M USD +9.12%
Intangible Assets, Net (Excluding Goodwill) 22.6 M USD -44.5%
Goodwill 230 M USD -1.76%
Other Assets, Noncurrent 53.4 M USD +32.9%
Assets 1.57 B USD -2.08%
Accounts Payable, Current 239 M USD -13.1%
Employee-related Liabilities, Current 88.9 M USD +49%
Accrued Liabilities, Current 103 M USD -14.5%
Contract with Customer, Liability, Current 142 M USD -7.66%
Liabilities, Current 614 M USD -3.14%
Contract with Customer, Liability, Noncurrent 24.6 M USD +10.7%
Deferred Income Tax Liabilities, Net 1.68 M USD -28.8%
Operating Lease, Liability, Noncurrent 44.6 M USD -0.07%
Other Liabilities, Noncurrent 43.4 M USD +46.8%
Accumulated Other Comprehensive Income (Loss), Net of Tax -43 M USD -38.7%
Retained Earnings (Accumulated Deficit) -1.79 B USD -4.58%
Stockholders' Equity Attributable to Parent 162 M USD -13.3%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 180 M USD -44.5%
Liabilities and Equity 1.57 B USD -2.08%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 24 M USD
Net Cash Provided by (Used in) Financing Activities -3.02 M USD -163%
Net Cash Provided by (Used in) Investing Activities -8.08 M USD +52%
Common Stock, Shares Authorized 500 M shares 0%
Common Stock, Shares, Issued 232 M shares +3.17%
Common Stock, Par or Stated Value Per Share 0 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 18.3 M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 192 M USD +13.2%
Interest Paid, Excluding Capitalized Interest, Operating Activities 12.9 M USD +17.7%
Deferred Tax Assets, Valuation Allowance 577 M USD +5.24%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent 0.21 pure 0%
Deferred Tax Assets, Gross 604 M USD +4.69%
Operating Lease, Liability 56.4 M USD +0.25%
Depreciation 56.4 M USD +20%
Payments to Acquire Property, Plant, and Equipment 8.08 M USD -52%
Comprehensive Income (Loss), Net of Tax, Attributable to Parent -90.2 M USD -55.5%
Lessee, Operating Lease, Liability, to be Paid 107 M USD +51.9%
Operating Lease, Liability, Current 11.8 M USD +1.48%
Lessee, Operating Lease, Liability, to be Paid, Year Two 11 M USD -19.7%
Lessee, Operating Lease, Liability, to be Paid, Year One 14.4 M USD -6.92%
Operating Lease, Weighted Average Discount Rate, Percent 0.11 pure +10.8%
Deferred Income Tax Expense (Benefit) -2.18 M USD +15%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 50.5 M USD +258%
Lessee, Operating Lease, Liability, to be Paid, Year Three 8.67 M USD -16.1%
Deferred Tax Assets, Operating Loss Carryforwards 296 M USD +1.12%
Preferred Stock, Shares Issued 0 shares
Deferred Federal Income Tax Expense (Benefit) 0 USD
Current Income Tax Expense (Benefit) 9.99 M USD -56.8%
Preferred Stock, Shares Authorized 25 M shares 0%
Unrecognized Tax Benefits 74.2 M USD +28.2%
Lessee, Operating Lease, Liability, to be Paid, Year Four 6.56 M USD -17.8%
Operating Lease, Payments 4.15 M USD +2.47%
Preferred Stock, Shares Outstanding 0 shares
Current State and Local Tax Expense (Benefit) 3.04 M USD +97.5%
Current Federal Tax Expense (Benefit) 1.28 M USD +35.2%
Amortization of Intangible Assets 18.2 M USD -47.7%
Deferred Tax Assets, Net of Valuation Allowance 27 M USD -5.95%
Share-based Payment Arrangement, Expense 61 M USD -4.23%
Deferred State and Local Income Tax Expense (Benefit) 0 USD
Interest Expense 32.4 M USD +16.6%
Preferred Stock, Par or Stated Value Per Share 0 USD/shares 0%