Optical and Routing Hardware Spending Drops 15% in 1Q24 [Yahoo! Finance]
Infinera Corporation (INFN)
Last infinera corporation earnings: 2/25 04:03 pm
Check Earnings Report
US:NASDAQ Investor Relations:
investors.infinera.com
Company Research
Source: Yahoo! Finance
Transport equipment, according to the 1Q24 Transport Hardware Report from research firm Cignal AI. While spending by cloud operators continued to grow, it was more than offset by the ongoing decline in purchasing among traditional service providers. "Cloud Operators continue to provide the financial and technical leadership in the transport equipment market," said Kyle Hollasch, Lead Analyst at Cignal AI. "Based on our discussions within the supply chain, we don't expect a recovery in spending from traditional service providers until 2025, at the earliest." Additional 1Q24 Transport Hardware Report Findings: Spending in North America on Optical Transport equipment declined for the 4 th straight quarter, while Routing dropped to levels last seen in 2020. Cloud Operator expenditures hit double digits while traditional service providers continued to cut back. Sales to Cloud & Colo operators exceeded Service Provider spending for the second consecutive quarter. Ciena remains the p
Show less
Read more
Impact Snapshot
Event Time:
INFN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
INFN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
INFN alerts
High impacting Infinera Corporation news events
Weekly update
A roundup of the hottest topics
INFN
News
- Infinera, DZS, and Calnex Successfully Demonstrate 5G Mobile xHaul with Open XR Point-to-Multipoint Optics in European Open Test & Integration Center in Torino [Yahoo! Finance]Yahoo! Finance
- Infinera, DZS, and Calnex Successfully Demonstrate 5G Mobile xHaul with Open XR Point-to-Multipoint Optics in European Open Test & Integration Center in TorinoGlobeNewswire
- Digicel Deploys Infinera's GX Series for Deep Blue One Subsea Cable System [Yahoo! Finance]Yahoo! Finance
- Digicel Deploys Infinera’s GX Series for Deep Blue One Subsea Cable SystemGlobeNewswire
- Infinera receives notification of delinquency from Nasdaq [Seeking Alpha]Seeking Alpha
INFN
Earnings
- 5/14/24 - Miss
INFN
Sec Filings
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- 6/14/24 - Form 4
- INFN's page on the SEC website