Infinera Message Board - Msg: 32065147

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Technology Stocks : Infinera

INFN 6.640

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Feb 28 4:00 PM EST

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To: FJB who wrote (3980)	3/11/2019 4:42:34 PM
From: FJB	Read Replies (1) of 4443

In Q4 we awarded our first consortium opportunity and we also achieved our first Marea cable win with a major ICP. The Groove platform continues to be well received by the market and now out from the under the cloud of private equity ownership branding into a number of significant opportunities. In 2018, 23 new customer selected the group and platform revenue grew by 90% year-over-year. On the ICP front, we've been invited to several new opportunities for the combined portfolio in particular with the group, but also with ICE4 for subsea. A pipeline of opportunities is exceptional with significant decisions that will be made over the next couple of quarters. While we continue to be in the early phase of the new combined company I see the opportunity we envisioned beginning to materialize.

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