Infinera Corporation (NASDAQ:INFN) Q3 2023 Earnings Conference Call November 8, 2023 5:00 PM ET
Company Participants
Amitabh Passi - Head, Investor Relations
David Heard - Chief Executive Officer
Nancy Erba - Chief Financial Officer
Conference Call Participants
Ruben Roy - Stifel
Alex Henderson - Needham
Simon Leopold - Raymond James
Mike Genovese - Rosenblatt Securities
Dave Kang - B. Riley
George Notter - Jefferies
Christian Schwab - Craig-Hallum Capital
Operator
Hello, my name is Chris, and I’ll be your conference operator today. At this time, I would like to welcome everyone to the Infinera Corp’s Q3 2023 Earnings Call. All lines have been placed on mute to prevent any background noise. After the speakers’ remarks, there’ll be a question-and-answer session. [Operator Instructions]
Thank you. Amitabh Passi, Head of Investor Relations, you may begin.
Amitabh Passi
Thank you, Chris and good afternoon, everyone. Welcome to Infinera’s third quarter of fiscal 2023 conference call. The copy of the press release issued by Infinera today is available on the Investor Relations section of the website. Additionally, this call is being recorded and will be available for replay from our website.
Today’s call will include projections and estimates that constitute forward-looking statements, including, but not limited to, statements related to the accounting and financial matters referenced in the press release, current Form 8-K and notification of late filing that we’ll file today. Our business plans, product development and growth opportunities, including progress against strategic priorities, including with respect to vertical integrations, and its anticipated benefits, trends, competition and customers.
Furthermore, expectations regarding the macroeconomic environment, expectations regarding our inventory levels and industry-wide CapEx dynamics, expectations regarding our subsystems group and its impact on our financial results, expectations regarding potential governmental funding, projected year-over-year drivers of our key financial performance metrics, expectations regarding the future performance, revenue growth, margin expansion, generation of cash flow from operations and EPS expansion, and preliminary financial outlook for the fourth quarter of 2023.
The statements are subject to risks and uncertainties that could cause Infinera’s results to differ materially from management’s current expectations. Actual results may differ materially as a result of various risk factors, including those set forth in our annual report on Form 10-K for the year ended on December 31st, 2022, as filed with the SEC on February 27th, 2023 and in our quarterly report on Form 10-Q for the quarter ended July 1st, 2023 as filed with the SEC on August 9th, 2023, as well as subsequent reports filed with or furnished to the SEC from time to time.