Ciena

Ciena Corp. engages in the provision of network and communication infrastructure. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. The Networking Platforms segment consists of Converged Packet Optical and Packet Networking portfolios. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing Ciena’s Networking Platforms products in their networks. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into “service ready” networks. The Global Services segment offers a broad suite of value-added services. The company was founded by Patrick H. Nettles in November 1992 and is headquartered in Hanover, MD.

Earnings data Q1 2021

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Earnings data Q1 2024

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Earnings data Q4 2024

Ciena reports stellar Q1 results, eyes growth in India's 5G market

Ciena's Q1 performance reflects robust demand drivers, market-leading technologies, and strategic investments in expanding its addressable market. The company's focus on addressing backlog challenges, expanding into new regions, and leveraging AI in its business presents promising growth prospects.

Ciena excels in Q2, eyes stable growth amid supply challenges

Ciena's Q2 performance reflects strong financials, operational improvements, and strategic growth initiatives amidst supply chain challenges and evolving customer dynamics.
The company's focus on innovation, customer adoption, and market expansion positions it well for future success, with positive outlooks for fiscal '24 and long-term growth.
Navigating through industry shifts and demand fluctuations, Ciena remains agile, leveraging strengths in technology advancements and customer-centric solutions for sustained profitability.

Ciena excels in Q3 with record revenue and market growth

Ciena's Q3 performance was robust with revenue growth across key segments.
Despite challenges like high DSOs, the company is capitalizing on market opportunities.
Strong customer relationships and market expansions drive Ciena's growth strategy.
Focus on sustainability aligns with environmental impact reduction goals.

Ciena reports robust earnings, eyes growth in emerging technologies

Ciena's strong performance in Q4 and FY '23 showcases growth across segments and market share gains.
While facing challenges in margin improvement and service provider orders, the company is optimistic about future growth opportunities.
Investments in technology and market expansion indicate a strategic focus on innovation and capturing emerging trends.
Overall, Ciena's financial outlook for '24 and beyond reflects a balanced approach to growth and profitability.

Ciena reports strong Q1 results, eyes cloud growth opportunities

Ciena's Q1 performance reflects strength in non-telco revenue and cloud provider growth, despite challenges in inventory absorption and supply chain delays. The company remains optimistic about its market position and growth prospects, focusing on improving operational efficiencies and seizing opportunities in the cloud DCI business.

Ciena reports strong Q2 performance and eyes growth opportunities

Ciena's Q2 performance reflects solid revenue, margin, and cash flow metrics, with strong growth in key sectors and confidence in future revenue.
Strengths lie in design wins, cloud provider momentum, market positioning, and strategic investments.
Challenges include inventory management, timing of product releases, core business growth, and navigating new market opportunities.
Opportunities stem from industry trends, service provider investments, cloud partnerships, and technological advancements driving growth potential.

Ciena reports strong Q3 earnings, eyes cloud growth for future

CFO James Moylan announced retirement after strong Q3 results. Ciena sees potential in cloud provider investments and anticipates improved North American spending.

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Ciena Corp. is involved in the optical and routing systems, services, and automation software business, which engages in the provision of network and communication infrastructure. It operates through the following segments: Networking Platforms, Platform Software and Services, Blue Planet Automation Software and Services, and Global Services. The Networking Platforms segment consists of Converged Packet Optical and Packet Networking portfolios. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing Ciena’s Networking Platforms products. The Blue Planet Automation Software and Services segment enables customers to implement large-scale software and IT-led OSS transformations by transforming legacy networks into “service ready” networks. The Global Services segment offers a broad suite of value-added services. The company was founded by Patrick H. Nettles and Kevin B. Kimberlin in 1992 and is headquartered in Hanover, MD.

Boldyn Networks is utilizing Ciena's scalable wavelength service, offering up to 1.6Tb/s per channel.

CIEN's WaveLogic 6 Technology Used by Boldyn Networks: Stock to Gain?

This represents the shortest distance route commercially available between the Pacific Northwest and Midwest; Ziply offers lowest latency and 4X capacity found on most West-East commodity routes This represents the shortest distance route commercially available between the Pacific Northwest and Midwest; Ziply offers lowest latency and 4X capacity found on most West-East commodity routes

Ziply® Fiber announces 400 Gig “Northern Link Route” connecting Pacific Northwest to Minneapolis and Chicago

Advanced network enhancements powered by Ciena's WaveLogic 6 coherent optical technology benefits carriers, enterprises and hyperscalers with reliable, high-speed connections between data centers NEW YORK , Oct. 21, 2024 /PRNewswire/ -- Boldyn Networks (Boldyn), one of the world's largest shared network infrastructure providers, today announced the deployment of scalable wavelength service up to 1.6Tb/s per channel across its fiber network in New York and New Jersey. Boldyn is one of the first in the world to implement WaveLogic 6 technology from Ciena (NYSE: CIEN), significantly enhancing network capacity and efficiency to meet the growing demands of carriers, enterprises and hyperscalers seeking reliable, high-capacity connections between data centers.

Boldyn Networks Adds Scalable 1.6Tb/s Wavelengths to its Fiber Network in New York and New Jersey

AI could give this optical networking company a big boost.

Up 35% in 3 Months, This Tech Stock Could Become the Next Big Artificial Intelligence (AI) Play

NetApp

The artificial intelligence (AI) boom has been underway throughout 2024 despite many legacy technologies still undergoing normalization after a fantastic post-pandemic reopening surge in 2021. The acceleration of AI deployment is helping to lift legacy technologies like cloud computing, virtualization, networking, and hard disk drives (HDDs) as enterprises work through the inventory glut.

2 Stocks Riding the Recovery in Cloud Computing Driven by AI

Ciena Corporation CIEN has announced that On Net Fibra Colombia (ON NET FIBRA) is utilizing automation software from Blue Planet, a division of Ciena, to facilitate its transition to a cloud-native Operations Support System (OSS). The adoption of the Blue Planet Cloud Native Platform enables ON NET FIBRA to streamline service delivery with advanced inventory, orchestration and assurance applications built on this platform, enhancing customer connectivity and improving operational efficiency.

Will Increasing Uptake of Ciena's Solutions Aid CIEN Shares?

BOGOTA, Colombia--(BUSINESS WIRE)--On Net Fibra Colombia (ON NET FIBRA) is leveraging software from Blue Planet, a division of Ciena (NYSE:CIEN), to support its transition to a cloud-native Operations Support System (OSS) and automate the delivery of services to its customers. Through the deployment of inventory, orchestration, and assurance applications built on the Blue Planet Cloud Native Platform, ON NET FIBRA is enabling its customers to significantly improve the digital connectivity exper.

On Net Fibra Colombia Deploys Blue Planet to Streamline Delivery of Wholesale Fiber Optic Services

Ciena Co. CIEN can be considered a legacy company in the computer and technology sector when it comes to the Internet. It was one of the original manufacturers of optical fiber, which provided networking switches and connectivity solutions since 1992.

Ciena Stock Powers the AI Cloud Boom—Don't Miss Out

Ciena Corporation's CIEN optical technology has been deployed by Sify Technologies to link its seven Metro Area Networks throughout India. The upgrade begins with an express route connecting Mumbai and New Delhi, enhancing Sify's National Long-Distance network to support services of up to 600G.

Will Ciena's Optical Technology Adoption by Sify Aid CIEN Shares?

Ciena Corporation CIEN shares are trading lower on Monday. JP Morgan analyst Samik Chatterjee downgraded the company to Neutral from Overweight with a price target of $65.

Ciena Downgraded: Analyst Cites Telco Spending Slump And Margins Squeeze

CHENNAI, India--(BUSINESS WIRE)--Sify Technologies (Sify) today announced that it has deployed Ciena's (NYSE: CIEN) optical technology to connect its seven Metro Area Networks across India. Starting with an express path between Mumbai and New Delhi, Sify has upgraded its countrywide National Long Distance network to support services up to 600G. This upgrade will help interconnect its key Artificial Intelligence (AI) ready data center hubs in Mumbai, Chennai and Noida and the surrounding metro a.

Sify Doubles National Long Distance Network Capacity with Ciena Technology

Ciena (CIEN) reported earnings 30 days ago. What's next for the stock?

Ciena (CIEN) Up 24.5% Since Last Earnings Report: Can It Continue?

CIEN's board of directors approves $1 billion for share buybacks for 2025-2027 to maximize shareholder returns.

Ciena's $1B Buyback Program Cheers Investors, Stock Rises 7.4%

Shares of Ciena Corp (CIEN, Financial) surged 6.54% in mid-day trading on Oct 2. The stock reached an intraday high of $65.95, before settling at $65.47, up from its previous close of $61.45.

Ciena Corp (CIEN) Trading 6.54% Higher on Oct 2

HANOVER, Md.--(BUSINESS WIRE)--Ciena announced that its Board of Directors has authorized a program to repurchase up to $1 billion of the company's common stock.

Ciena Announces $1 Billion Share Repurchase Authorization

Altice USA

Raises ceiling for high-availability network services while using 80% less power NEW YORK , Sept. 25, 2024 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, and  Ciena (NYSE: CIEN), a global leader in networking systems, services, and software, recently deployed the industry's first known 400 Gb/s protected optical circuit utilizing power-efficient and high-performance pluggable technologies.

Lightpath Deploys Industry's First 400G Protected Circuit Utilizing Power-Efficient Ciena WaveLogic 5 Nano Coherent Optics

Ciena Corporation CIEN is advancing technology with the launch of a 1.6 terabits-per-second (Tb/s) Coherent-Lite pluggable, designed to assist cloud and data center providers in managing anticipated increases in traffic from cloud services, machine learning and artificial intelligence (AI). The WaveLogic 6 Nano (WL6n) 1.6 Tb/s prototype will be featured at Ciena's booth (A14) during ECOC 2024.

Will Ciena's New 1.6 Tb/s Coherent Pluggable Solution Drive Top Line?

HANOVER, Md.--(BUSINESS WIRE)--Sipartech is leveraging Ciena's GeoMesh Extreme solution to provide wholesale 400GbE services over an 800Gb/s wavelength on its submarine network.

Sipartech Enhances European Network Resilience and Quality with Ciena Technology

Citigroup flipped from sell to buy on Ciena stock this morning. Weak sales of telecom equipment in 2024 could inflect to sales growth in 2025.

Why Ciena Stock Popped 5% on Monday

Ciena Corp (NYSE:CIEN) stock is on the rise today, up 4.2% at $61.18 at last glance, after a rare double upgrade from Citigroup.

Double Upgrade Pushes Ciena Stock Near Record Highs

Ciena Corp (NYSE: CIEN) saw its stock rise by about 4% in premarket trading on September 23 after analysts at Citi double-upgraded the shares from Sell to Buy. Citi also raised the price target significantly from $44 to $68, indicating a potential upside of approximately 30.48% from the current price levels.

Citi double upgrades Ciena to ‘Buy' with $68 target: best time to invest?

HANOVER, Md.--(BUSINESS WIRE)--Ciena (NYSE: CIEN) continues to push technology boundaries by bringing to market a 1.6 Tb/s Coherent-Lite pluggable to help cloud and data center providers cope with the expected growth in cloud, machine learning, and Artificial Intelligence (AI) related traffic. To address high-performance data center fabric and campus applications, Ciena's industry-leading WaveLogic 6 Nano (WL6n) will now be offered as both 1.6 Tb/s and 800G coherent pluggable solutions. The 3nm.

Ciena Unveils 1.6 Tb/s Coherent Pluggable Solution for Hyperscale Cloud Providers' Capacity Surge

Ciena Corporation CIEN recently announced that Danish network provider TDC NET has adopted automation software from Blue Planet, a Ciena division, to enhance its Operating Support System. Utilizing Blue Planet Inventory (BPI), running on Blue Planet's Cloud Native Platform, TDC NET will gain a precise and unified view of its mobile and fixed network resources and services.

Ciena's Solutions Witness Healthy Momentum: Will the Stock Benefit?

EDINBURGH, Scotland & HANOVER, Md.--(BUSINESS WIRE)--ISP Commsworld is leveraging Ciena's broadband solution for its new business-grade ‘Ethernet over Fibre to the Premises (EoFTTP)' broadband service.

Commsworld Launches Commercial Broadband Service Using Ciena's XGS-PON

COPENHAGEN, Denmark--(BUSINESS WIRE)--Danish network provider TDC NET is transforming its Operating Support System (OSS) using automation software from Blue Planet, a division of Ciena (NYSE:CIEN). Blue Planet Inventory (BPI), supported on Blue Planet's Cloud Native Platform, will give TDC NET an accurate, unified view of its current mobile and fixed network resources and services. “Denmark is spearheading digitization across Europe and TDC NET is creating and operating the communications infra.

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