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 2023

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Earnings data Q1 2024

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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.

SEOUL & HANOVER, Md.--(BUSINESS WIRE)--Samsung Electronics Co., Ltd. and Ciena have entered into an agreement to deliver 5G network solutions to the market.

Samsung and Ciena Join Forces to Offer 5G Network Solutions

MUSCAT, Oman & HANOVER, Md.--(BUSINESS WIRE)--Oman Telecommunications Company has deployed Ciena's WaveLogic 5 Extreme 800G coherent optical technology

Omantel Deploys Ciena 800G Technology to Connect Data Centres, Submarine Cable Landing Stations and Telecom Exchanges

Accretive partnerships, higher demand for bandwidth, and focus on core optical networking solutions drive Ciena's (CIEN) momentum.

Ciena (CIEN) Gains From Focus on Core Optical Networking, Tie-Ups

FRANKFURT, Germany--(BUSINESS WIRE)--A recent survey conducted by Ciena found that adults in Germany expressed high expectations for a faster and more reliable internet as well as 5G.

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LONDON & HANOVER, Md.--(BUSINESS WIRE)--Colt Technology Services has deployed software from Blue Planet, a division of Ciena.

Colt Technology Services Enriches Customer Digital Experiences with Blue Planet

This company's latest earnings results suggest that a turnaround is in progress.

Buy This Networking Stock on the Verge of Breaking Out

WASHINGTON, Sept. 14, 2021 /PRNewswire/ --  Digital Promise and Ciena (NYSE:CIEN) are excited to announce the launch of the Ciena Solutions Challenge , a new global design challenge where educators around the world can submit student-led projects for funding and exhibition.

Digital Promise and Ciena Launch New Global Design Challenge

Ciena saw sequential acceleration in service provider and hyperscale enterprise demand, as well as better margins, but component/supply chain challenges are capping near-term revenue potential. Management sounds more bullish on the Huawei substitution opportunity and the 800G upgrade cycle, but component supply has to improve and there will be competition from coherent pluggables in hyperscale.

Ciena Struggling A Bit With Capped Near-Term Upside And Competitive Worries

HANOVER, Md.--(BUSINESS WIRE)--Crosslake Fibre is leveraging Ciena's coherent optical technology and analytics apps to build a new submarine cable network.

Crosslake Fibre Chooses Ciena for CrossChannel Submarine Network Across the English Channel

Ciena's (CIEN) third-quarter fiscal 2021 results reflect a combination of its increasingly differentiated position in the marketplace and a strong demand environment.

Ciena (CIEN) Beats Q3 Earnings Estimates on Record Revenues

Ciena Corporation (CIEN) CEO Gary Smith on Q2 2021 Fiscal Results - Earnings Call Transcript

Ciena (CIEN) delivered earnings and revenue surprises of 16.46% and 2.02%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?

Ciena (CIEN) Q3 Earnings and Revenues Beat Estimates

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These 2 Cutting-Edge Stocks Are Leading the Charge Thursday

Networking company Ciena Corp (NYSE: CIEN) reported third-quarter FY21 revenue growth of 1.2% year-on-year to $988.1 million, beating the analyst consensus of $971.6 million. Segments: Total Networking Platforms revenue declined 2.5% Y/Y to $782.6 million, and Total Global Services increased 13.1% Y/Y to $132 million.

Ciena Shares Pop After Q3 Earnings Beat, AT&T's Vyatta Acquisition

Shares of Ciena Corp. CIEN, -0.44% charged up 5.8% in premarket trading Thursday, after the optical networking company reported fiscal third-quarter profit that beat expectations and a surprise growth in revenue, and provided an upbeat outlook citing a robust demand environment. Net income for the quarter to July 31 rose to $238.2 million, or $1.52 a share, from $142.3 million, or 91 cents a share, in the year-ago period.

Ciena climbs in premarket after surprise revenue rise

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation has entered into a definitive agreement with AT&T to acquire its Vyatta virtual routing and switching technology.

Ciena Expands Edge and 5G Capabilities with Acquisition of Vyatta Routing and Switching Technology from AT&T

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, announced financial results for its fiscal third quarter ended July 31, 2021.

Ciena Reports Fiscal Third Quarter 2021 Financial Results

CIEN is set to give its latest quarterly earnings report on Thursday , 2021-09-02. Here's what investors need to know before the announcement.

Ciena's Earnings: A Preview

Ciena (CIEN) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Analysts Estimate Ciena (CIEN) to Report a Decline in Earnings: What to Look Out for

Ciena's (CIEN) GeoMesh Extreme submarine network solution uses the 6500 Packet-Optical Platform powered by the WaveLogic family.

Ciena (CIEN) to Boost Djibouti Telecom's Network Capacity

HANOVER, Md.--(BUSINESS WIRE)--Djibouti Telecom is leveraging Ciena's GeoMesh Extreme solution to upgrade its DARE1 network to increase digitization in the East Africa region.

Djibouti Telecom Doubles Capacity of DARE1 Submarine Cable Network With Ciena's GeoMesh Extreme

HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation expects to announce its fiscal third quarter financial results on Thursday, September 2, 2021.

Ciena Announces Reporting Date and Web Broadcast for Fiscal Third Quarter 2021 Results

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