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

Earnings data Q2 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.

Adaptive network solutions provider Ciena Corporation (NYSE: CIEN) stock has lost (-43%) in the 2022 bear market falling for 11 straight weeks

Ciena Stock Giving Window of Opportunity

Ciena (CIEN) 6500, WL5e coherent optical solution and MCP domain controller are being used by MSAR to build the Digital Super Highway Network.

Ciena's (CIEN) Solutions Used by MSAR to Boost Connectivity

Ciena's (CIEN) WaveLogic 5 Extreme (WL5e) coherent optical solution is being used by Media Commerce to provide high-bandwidth connectivity across Columbia.

Ciena's (CIEN) Optical Solutions Continue to Gain Traction

KUALA LUMPUR, Malaysia--(BUSINESS WIRE)--MSA Resources Sdn Bhd has selected Ciena to help build its Digital Super Highway Network.

MSAR Selects Ciena to Bring Unmatched Connectivity Speeds and Capacity Across Malaysia

HANOVER, Md.--(BUSINESS WIRE)--Media Commerce has rolled out a new high-speed network using Ciena's WaveLogic 5 Extreme coherent optical technology.

Media Commerce Picks Ciena's 800G Technology to Build Backbone Network in Colombia

A massive backlog and healthy demand for its products could bring this company out of its slump.

Down 36%, This Tech Stock Could Go on a Bull Run

Ciena's (CIEN) Q2 revenues reflect gains from strong demand trends. However, widespread supply chain issues acted as a headwind

Ciena (CIEN) Q2 Earnings Miss Estimates, Revenues Up Y/Y

Ciena Corporation (NYSE:CIEN ) Q2 2022 Earnings Conference Call June 2, 2022 8:30 AM ET Company Participants Gregg Lampf - Vice President, Investor Relations Gary Smith - President and CEO Jim Moylan - Chief Financial Officer Scott McFeely - Senior Vice President, Global Product and Services Conference Call Participants Paul Silverstein - Cowen Amit Daryanani - Evercore ISI George Notter - Jefferies Fahad Najam - Loop Capital Tim Long - Barclays David Vogt - UBS Rod Hall - Goldman Sachs Tal Liani - Bank of America Simon Leopold - Raymond James Operator Good morning. My name is Rob, and I will be your conference operator today.

Ciena Corporation's (CIEN) CEO Gary Smith on Q2 2022 Results - Earnings Call Transcript

Ciena (CIEN) delivered earnings and revenue surprises of -7.41% and 0.38%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?

Ciena (CIEN) Lags Q2 Earnings and Revenue Estimates

Ciena Corp (NYSE: CIEN) reported second-quarter FY22 revenue growth of 13.8% year-on-year to $949.2 million, missing the consensus of $950.8 million. Segments: Total Networking Platforms revenue rose by 15.3% Y/Y to $734.5 million, and Total Global Services increased 10.9% Y/Y.

Ciena Shares Drop On Q2 Miss; Clocks 14% Revenue Growth Aided By Order Flow, Backlog

Shares of Ciena Corp. CIEN, +1.04% slumped 3.6% in premarket trading Thursday, after the networking systems and services company reported fiscal second-quarter profit and revenue that missed expectations, amid "an increasingly challenging supply environment." Net income for the quarter to April 30 fell to $38.9 million, or 25 cents a share, from $103.1 million, or 66 cents a share, in the year-ago period.

Ciena stock drops after earnings miss expectations as supply constraints offset strong demand

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter ended April 30, 2022. Q2 Revenue: $949.2 million Q2 Net Income per Share: $0.25 GAAP; $0.50 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 1.5 million shares of common stock for an aggregate price of $87.0 million, and received 0.9 million shares of common stock pursuant to the final settl

Ciena Reports Fiscal Second Quarter 2022 Financial Results

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

What to Expect Ahead of Ciena's (CIEN) Q2 Earnings Release?

GTS Telecom will be able to provide steady high-bandwidth connectivity across Romania through Ciena's (CIEN) 6500 Packet-Optical solutions.

Ciena's (CIEN) Packet-Optical Solutions Adopted by GTS Telecom

HANOVER, Md.--(BUSINESS WIRE)--GTS Telecom, an IT&C provider in Romania, has selected Ciena to upgrade its network from 10G to 100G across the country.

GTS Telecom Taps Ciena for Network Upgrade Across Romania, Increases Capacity Tenfold

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal second quarter financial results on Thursday, June 2, 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 broa

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

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Leveraging the power of Ciena's (CIEN) Waveserver Ai platform, team.blue, will improve its cloud and network offerings, thereby delivering cutting-edge services to customers.

Ciena's (CIEN) Waveserver Ai Platform Adopted by team.blue

SKANDENBORG, Denmark & HANOVER, Md.--(BUSINESS WIRE)--team.blue Denmark has selected Ciena's Waveserver Ai platform to serve as the foundation for its WAN-ring.

team.blue Denmark Improves Cloud and Network Offerings With Ciena's Data Center Interconnect Platform

Ciena posted double-digit revenue growth in its fiscal first quarter, but growth was capped by significant supply chain challenges.

Ciena Tripped Up On Supply Chain Challenges, But No Real Change To A Strong Multiyear Story

Ciena's (CIEN) GeoMesh Extreme solution is adopted by EASSy to boost the capacity of its submarine cable system to meet the increasing demand and enhance global connectivity.

Ciena's (CIEN) GeoMesh Extreme Solution Leveraged by EASSy

HANOVER, Md.--(BUSINESS WIRE)--EASSy, the 10,000-km submarine cable system traversing Africa's coasts, is leveraging Ciena's GeoMesh Extreme, powered by WaveLogic 5 Extreme.

EASSy Submarine Cable Network Upgraded with Ciena GeoMesh Extreme

A solid order backlog could help this networking stock regain its mojo.

This Beaten-Down Tech Stock Could Explode in the Long Run

For second-quarter fiscal 2022, Ciena (CIEN) expects revenues in the range of $930-$970 million.

News for Ciena Stock (CIEN)