Wednesday, October 24, 2012

Infinera Cites 16 Purchase Commitments for DTN-X

Infinera reported Q3 revenues of $112.2 million, compared to $93.5 million in the second quarter of 2012 and $104.0 million in the third quarter of 2011.  GAAP net loss for the 2012 third quarter was $(19.1) million, or $(0.17) per share, compared to net loss of $(29.5) million, or $(0.27) per share, in the second quarter of 2012 and net loss of $(21.8) million, or $(0.21) per share, in the third quarter of 2011.

“The DTN-X is experiencing strong traction around the world,” said Tom Fallon, president and chief executive officer. “We now have 16 purchase commitments, representing five new customers and 11 existing customers. These commitments come from customers in North America, Europe and Asia Pacific and include commitments from all of our vertical markets. The DTN-X is in full deployment across the globe and, as forecasted, we began recognizing revenue from this platform in the third quarter. "

On a conference call, Infinera confirmed that it has shipped over one thousand 100G ports for revenue as of the end of the quarter.

http://www.infinera.com
  • Infinera's new DTN-X platform features 5 Tbps of optical transport network (OTN) switching capacity. It uses large scale Photonic Integrated Circuits (PICs) to enable 500 Gbps, long-haul FlexCoherent super-channels. 

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