Market Leader Programs
5G Transport - A 2023 Heavy Reading Survey 2023 Open RAN Operator Survey Coherent Optics at 100G, 400G, and Beyond Open RAN Platforms and Architectures Operator Survey Cloud Native 5G Core Operator Survey Bridging the Digital Divide 5G Network Slicing Operator Survey Open, Automated & Programmable Transport The Journey to Cloud Native
INFN use of "invoice shipments" is intended to show investors revenue growth and a GM in a more acceptable range. But... as the SEC warns, be cautious of pro-forma... They state they sell initial systems below cost, their revenue (as they measure it using invoiced shipments) is flat for three quarters, L(3) is 50% (what if they build out and stop ordering?),Operations is not yet generating cash (very key indices as mentioned earlier), and they spend a high % of revenue on R&D to stay ahead of competition (40G/100G?). How long before the gap between their costs and competitions costs closes? Any Tier 1 wins? Is a $250M-$300M/yr concern sufficient to support +$20/share price (what would they have to earn to achieve a PE ration of say 20:1)?
Just rambling, sorry...