In other recent news, Infinera Corporation, a global supplier of optical networking solutions, has been grappling with Nasdaq noncompliance notices due to delays in filing required financial reports. The company has since submitted the overdue annual report and is actively working on regaining compliance within the stipulated timeframe by Nasdaq. On the financial front, Infinera recently reported a revenue shortfall for the first quarter of fiscal 2024, with a projected year-over-year revenue decline of 1% to 5% compared to 2023.