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Technology Stocks : Infinera
INFN 6.6400.0%Feb 28 4:00 PM EST
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From: Tartuffe3/17/2018 10:05:56 PM
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Century Level 3 will be interesting to watch - They have a lot of legacy equipment and have the a lot of potential. They will have to unleash the capex and even decrease the dividend to make the company more profitable than it has been in the past imo, but 16% of 21.3 billion revenue for the capex budget is nothing to sneeze at- If they can not get on the cutting edge, the smaller more nimble players like Zayo might get more of their market share-

2018 OutlookAdjusted EBITDA is anticipated in the range of $8.75 - $8.95 billion. Free cash flow is expected in the range of $3.15 - $3.35 billion. Free cash flow after dividend will be $0.85 - $1.05 billion. Capital expenditure will be around 16% of revenues.

finance.yahoo.com
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