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.

Omantel Launches Middle East's First 400GbE DCI Service with Ciena

WIOCC to Activate Fiber Pair on Equiano Cable with Ciena

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Will Facebook Spending Spree On Metaverse Boost Arista, Nvidia, Ciena?

Ciena's (CIEN) Waveserver 5 powered by WaveLogic 5 Extreme leveraged by the U.S. DOE ESnet.

Ciena's (CIEN) Coherent Optical Technology Used by ESnet

BERKELEY, Calif. & HANOVER, Md.--(BUSINESS WIRE)--The U.S. Department of Energy's (DOE) Energy Sciences Network (ESnet) has deployed Ciena's (NYSE:CIEN) coherent optical technology across ESnet6 – the newest generation of the DOE's high-performance network dedicated to science. Providing 46.1 Terabits per second (Tbps) of bandwidth and intelligent network services, ESnet6 will support multi-petabyte dataflows typical of science research today and will also scale to manage the emerging exabyte d

ESnet6 Sets New Benchmark in Research Networks With Ciena's WaveLogic Optics

HANOVER, Md.--(BUSINESS WIRE)--A new global study commissioned by Ciena has uncovered just how ready business professionals are to collaborate in the virtual world.

78% of Business Professionals Are Ready for the Metaverse

HANOVER, Md.--(BUSINESS WIRE)--A new study commissioned by Ciena has uncovered just how ready business professionals are to collaborate in the virtual world.

U.S. Business Professionals Want to Get ‘Meta' About Meetings

HANOVER, Md.--(BUSINESS WIRE)--Workers in Latin America are ready to collaborate in the virtual world, according to a new study commissioned by Ciena.

Latin American Business Professionals Are Ready for the Metaverse

HANOVER, Md.--(BUSINESS WIRE)--A study commissioned by Ciena found that 92% of Brazilian business professionals would be comfortable using virtual reality to hold formal meetings.

Brazilian Business Pros Are Ready for the Metaverse

Ciena's (CIEN) GeoMesh Extreme is being utilized by C&W Networks to meet increasing broadband and IP needs

Ciena's (CIEN) GeoMesh Extreme Powers C&W Networks' Upgrade

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2 Beaten-Down Value Stocks That Could Crush the Market

HANOVER, Md.--(BUSINESS WIRE)--C&W Networks is leveraging Ciena's GeoMesh Extreme to upgrade its CFX-1 and EWC submarine cable networks.

C&W Networks Upgrades CFX-1 and EWC Submarine Cables with Ciena

HANOVER, Md.--(BUSINESS WIRE)--Blue Planet, a division of Ciena (NYSE:CIEN), has added new software enhancements to its intelligent automation product portfolio, helping communication service providers (CSPs) accelerate their digital transformation and quickly monetize innovative digital services built on 5G and multi-cloud infrastructure. These enhancements deliver end-to-end observability and control to automate service lifecycle management, improve operational agility and optimize customer e

Blue Planet Automation Accelerates CSP Adoption of 5G and Multi-Cloud

Biznet will utilize Ciena's (CIEN) 6500 Packet Optical Platform, powered by WaveLogic coherent optics to expand its network across 180 cities in Indonesia.

Ciena's (CIEN) Packet Optical Solutions Utilized by Biznet

Ciena's (CIEN) Q3 revenues are affected by lingering supply chain issues.

Ciena (CIEN) Q3 Earnings & Revenues Miss Estimates, Down Y/Y

Ciena Corporation (NYSE:CIEN ) Q3 2022 Results Conference Call September 1, 2022 8:30 AM ET Company Participants Gregg Lampf - Head, IR Gary Smith - CEO James Moylan - CFO Scott Alexander - SVP, Global Products & Services Conference Call Participants George Notter - Jefferies Meta Marshall - Morgan Stanley Paul Silverstein - Cowen & Company Simon Leopold - Raymond James Alex Henderson - Needham & Company Jim Suva - Citi Tim Long - Barclays Rod Hall - Goldman Sachs Amit Daryanani - Evercore Operator Good day, and thank you for standing by. Welcome to the Ciena Fiscal Third Quarter 2022 Financial Results Conference Call.

Ciena Corporation (CIEN) Q3 2022 Earnings Call Transcript

The shares of Ciena Corporation (NYSE:CIEN) are down 6.1% at $47.66 this morning, following the company's fiscal third-quarter earnings report.

Ciena Stock Eyes Worst Day Since March After Earnings

Ciena (CIEN) delivered earnings and revenue surprises of -5.71% and 4.38%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?

Ciena (CIEN) Q3 Earnings and Revenues Miss Estimates

Shares of Ciena Corp. CIEN, -1.86% tumbled 11.3% in premarket trading Thursday, after the networking systems company missed fiscal third-quarter profit and sales, as component supply issues which hurt deliveries offset strong customer demand. Net income for the quarter to July 30 dropped to $10.5 million, or 7 cents a share, from $238.2 million, or $1.52 a share, in the year-ago period.

Ciena stock tumbles after profit and sales miss expectations, with component supply issues expected to continue

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal third quarter ended July 30, 2022. Q3 Revenue: $868.0 million Q3 Net Income per Share: $0.07 GAAP; $0.33 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 3.2 million shares of common stock for an aggregate price of $155.0 million during the quarter. "Despite continued strong customer demand, our fiscal thi

Ciena Reports Fiscal Third Quarter 2022 Financial Results

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) today announced its expected participation in the following upcoming events with the financial community. These events will be webcast live and recorded. Archived versions will be made available approximately 24 hours following the conclusion of the live event in the Events & Presentations page of the Investors section of Ciena's website. Citi's 2022 Global Technology Conference Wednesday, September 7, 2022 @ 1:45 p.m. Eastern T

Ciena to Webcast Financial Community Events

Ciena's (CIEN) fiscal third-quarter performance will likely benefit from a robust demand environment. However, supply chain troubles are likely to act as a major headwind.

What to Expect Ahead of Ciena's (CIEN) Q3 Earnings Release?

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal third quarter financial results on Thursday, September 1, 2022 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web

Ciena Announces Reporting Date and Web Broadcast for Fiscal Third Quarter 2022 Results

Ciena's (CIEN) Waveserver 5 platform, powered by WL5e coherent optics, is being deployed by Mob Telecom.

Ciena's (CIEN) Optics Solutions Used by Brazil's Mob Telecom

HANOVER, Md.--(BUSINESS WIRE)--Mob Telecom has deployed Ciena's Waveserver 5 platform, powered by WaveLogic 5 Extreme coherent optics.

News for Ciena Stock (CIEN)