Infinera Corporation (NASDAQ:INFN) Q2 2022 Earnings Conference Call July 28, 2022 5:00 PM ET

Company Participants

Amitabh Passi - Investor Relations

David Heard - Chief Executive Officer

Nancy Erba - Chief Financial Officer

Conference Call Participants

Rod Hall - Goldman Sachs

Alex Henderson - Needham

Michael Genovese - Rosenblatt Securities

Simon Leopold - Raymond James

Meta Marshall - Morgan Stanley

Jim Suva - Citigroup

George Notter - Jefferies

Operator

Good day. My name is Savannah and I will be your conference operator today. At this time, I would like to welcome everyone to the Infinera Corporation Q2 2022 Earnings Call. Today’s call is being recorded. All lines have been placed on mute to prevent any background noise. And after the speakers’ remarks, there will be a question-and-answer session [Operator Instructions]. Thank you.

And I would now like to turn the conference to Amitabh Passi. Please go ahead.

Amitabh Passi

Thank you, operator, and good afternoon. Welcome to Infinera's second quarter of fiscal 2022 conference call. A copy of today's earnings and investor slides are available on the Investor Relations section of the Web site. Additionally, this call is being recorded and will be available for replay from our Web site. Today's call will include projections and estimates that constitute forward-looking statements, including but not limited to, statements about our business plans, including our product road map, sales, growth, market opportunities, manufacturing operations, products, technology and strategy, statements regarding the impact of industry wide supply chain challenges, macroeconomic factors and COVID-19 on our business plans and results of operations, as well as statements regarding future financial performance, including our financial outlook for the third quarter and second half of 2022.

These 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 25, 2021, as filed with the SEC on February 23, 2022 and its quarterly report and 10-Q for quarter ended March 26, 2022 as filed with the SEC on May 30, 2022, as well as subsequent reports filed with or furnished to the SEC from time-to-time. Please be reminded that all statements are made as of today, and Infinera undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances that may arise after the date of this call. Today's conference call includes certain non-GAAP financial measures. Pursuant to Regulation G, we've provided a reconciliation of these non-GAAP financial measures to the most directly comparable GAAP financial measures in our earnings release and investor slides for this quarter, each of which is available on the Investor Relations section of our Web site. And finally as a reminder we will have plenty of time for Q&A today, so we ask that you limit yourselves to one question and one follow up, please.