Infinera posts $128.1 million revenues in Q4 2012

Telecom Lead America: Infinera posted revenues of $128.1 million in Q4 2012 compared to $112 million in the fourth quarter of 2011.

Infinera’s net loss for the quarter was $16.1 million against net loss of $19.4 million in the fourth quarter of 2011.

Revenues for the full year were $438.4 million compared to $404.9 million in 2011.

Net loss for the year was $85.3 million compared to $81.7 million in 2011.

Infinera said its fourth quarter results reflected solid execution of its growth strategy and represented a strong finish to a productive year for Infinera.

Tom Fallon, president and chief executive officer , Infinera

Tom Fallon, president and chief executive officer, said its DTN-X continues to gain traction and to date, we have purchase commitments from 22 customers, including seven new to Infinera. These customers represent a broad cross section of our market segments. Revenue from the DTN-X platform continues to ramp.

During the fourth quarter, Infinera announced its first domestic Tier 1 backbone deployment with CenturyLink.

The company also completed the OSMINE certification process, another key milestone in demonstrating its US Tier 1 readiness. It also added four new DTN customers during the quarter for a total of 111 customers worldwide.

editor@telecomlead.com

Latest

More like this
Related

AI RAN investment plans: What leading operators are doing

Artificial Intelligence is increasingly becoming integral to Radio Access...

Deutsche Telekom taps IBM for AI-driven Patch Management with IBM Concert

Deutsche Telekom, a leading telecom and IT services provider,...

Benefits of Intel Xeon 6 for Nokia Core Network customers

Intel and Nokia have expanded their collaboration to enhance...

Why Buying a Partner Billing and Settlement Platform is Smarter Than Building One

The telecom ecosystem is expanding faster than ever. New...