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Infinera Corp (INFN.OQ)

INFN.OQ on NASDAQ Stock Exchange Global Select Market

6.25USD
17 Oct 2018
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Latest Key Developments (Source: Significant Developments)

Infinera Corporation Announces Proposed $275 Mln Convertible Senior Notes Offering
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Infinera Corp ::INFINERA CORPORATION ANNOUNCES PROPOSED $275 MILLION CONVERTIBLE SENIOR NOTES OFFERING.INFINERA - INTENDS TO OFFER $275 MILLION CONVERTIBLE SENIOR NOTES DUE 2024.INFINERA CORP - INTENDS TO OFFER $275 MILLION AGGREGATE PRINCIPAL AMOUNT OF CONVERTIBLE SENIOR NOTES DUE 2024.INFINERA - TO USE PORTION OF NET PROCEEDS FROM OFFERING TO PAY COST OF CERTAIN CAPPED CALL TRANSACTIONS.INFINERA - TO USE PORTION OF NET PROCEEDS FROM OFFERING TO PAY PURCHASE PRICE OF ANNOUNCED CORIANT DEAL.  Full Article

Infinera Corp Files For Potential Mixed Shelf Size Not Disclosed
Wednesday, 5 Sep 2018 

Sept 5 (Reuters) - Infinera Corp ::INFINERA CORP FILES FOR POTENTIAL MIXED SHELF; SIZE NOT DISCLOSED .  Full Article

Infinera reports Q3 results, announces restructuring plan
Wednesday, 8 Nov 2017 

Nov 8 (Reuters) - Infinera Corp :Infinera Corporation reports third quarter 2017 financial results and announces restructuring plan.Q3 non-GAAP loss per share $0.11.Q3 GAAP loss per share $0.25.Q3 revenue $192.6 million versus I/B/E/S view $191.1 million.Q3 earnings per share view $-0.16 -- Thomson Reuters I/B/E/S.Infinera Corp - ‍announced a plan to restructure its worldwide operations​.Infinera - ‍as part of restructuring plan, co to reduce headcount, rationalize certain products and programs, and close a remote research and development facility​.Infinera Corp - ‍anticipates annual savings from restructuring to be approximately $40.0 million​.Infinera Corp - ‍estimates total costs related to restructuring will be in range of $21.0 million to $27.0 million​.Infinera Corp - ‍anticipates a majority of restructuring will be completed during Q4 of 2017​.  Full Article

BRIEF-Infinera Corp Q1 GAAP Loss Per Share $0.17

* Q1 REVENUE $202.7 MILLION VERSUS I/B/E/S VIEW $200.7 MILLION