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

Earnings data Q3 2021

Earnings data Q4 2021

Earnings data Q1 2022

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Earnings data Q1 2023

Earnings data Q2 2023

Earnings data Q3 2023

Earnings data Q4 2023

Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

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.

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Ciena is set to re-emerge from a period of negative year-over-year growth comps as carrier spending resumes and data center investments continue to grow. There is already evidence of accelerating orders, and Ciena continues to have attractive share growth opportunities in Europe, as well as leverage to a coming upgrade cycle in India.

Ciena Offers Attractive Upside Ahead Of A Reacceleration In Network Spending

Ciena (CIEN) partners with WIN Technology and Lightpath to expand their network capacity and performance on the back of its innovative technologies.

Ciena (CIEN) Secures Multiple Contracts to Enhance Network Capacity

Ciena (CIEN) teams up with Australia-based fiber network services provider, Lumea, to revamp the latter's network infrastructure on the back of the WaveLogic Ai technology.

Ciena (CIEN) WaveLogic Ai to Revamp Lumea Telco Infrastructure

NEW DELHI--(BUSINESS WIRE)--Airtel has implemented one of the world's newest photonic infrastructure designs from Ciena to almost triple optic fiber network capacity for 5G.

Airtel Deploys One of the World's Newest Photonic Designs from Ciena to Nearly Triple Optic Fiber Capacity for Rolling Out 5G

Should investors be excited or worried when a stock crosses above the 20-day simple moving average?

Ciena (CIEN) Just Reclaimed the 20-Day Moving Average

Ciena's (CIEN) networking solutions will enable AccessOn to better manage bandwidth-intensive applications, drive innovation and expand services in remote areas.

Ciena (CIEN) to Power Rural Connectivity of AccessOn Networks

HANOVER, Md.--(BUSINESS WIRE)--AccessOn Networks has chosen Ciena to expand its network across rural locations.

AccessOn Networks Deploys Ciena WaveLogic 5 Extreme to Expand Connectivity in Rural Communities

CHARLOTTE, N.C.--(BUSINESS WIRE)--Segra, one of the largest independent fiber infrastructure bandwidth companies in the Eastern U.S., announced a major expansion of its best-in-class fiber network. The new Optical Express Core network is powered by Ciena's 800G WaveLogic 5 Extreme solution to bolster overall network performance on critical routes in a region undergoing massive growth. With the anticipated increase in data traffic, this network upgrade will add reliable, high-capacity connection

Segra Adds Major Regional Transport Network Powered by Ciena WaveLogic 5 Extreme Solution

Ciena returned more than double that of the S&P 500 since Nov. 2020. Strong quarterly results lifted the stock recently.

Why Ciena Is Still A Stock To Hold

A recovery in network spending has triggered a turnaround at this company and supercharged its shares.

Buy This Hot Networking Stock Before It Soars Higher

Ciena (CIEN) teams up with Bahrain-based network services provider, Batelco, to revamp the network capacity of the Batelco Gulf Network cable system.

Ciena (CIEN) Augments Cable Capacity With Batelco Partnership

HANOVER, Md.--(BUSINESS WIRE)--Marcatel is leveraging Ciena's coherent optical technology to support a new network connecting Querétaro, Mexico, to McAllen, Texas.

Marcatel Deploys First 600G Long-haul Network in Mexico With Ciena

Ciena's (CIEN) second-quarter fiscal 2021 results reflect a year-over-year decline in product sales due to the pandemic.

Ciena (CIEN) Q2 Earnings Beat Estimates, Revenues Fall Y/Y

Ciena (CIEN) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Ciena (CIEN) Moves 7.3% Higher: Will This Strength Last?

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

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After markets closed Wednesday and before they opened Thursday morning, Ciena, Express, NetApp and Splunk all reported quarterly results.

Earnings Hits and Misses: Ciena, Express, NetApp, Splunk

The shares of Ciena Corporation (NYSE:CIEN) are getting a big boost this morning, last seen up 5.1% at $57.20, following the firm's fiscal second-quarter earnings report.

Ciena Stock Gets a Jolt After Earnings Beat

Ciena Corp (NYSE: CIEN) reported a second-quarter FY21 revenue decline of 6.7% year-on-year to $833.9 million, beating the analyst consensus of $829.3 million. Product revenue declined 9.4% Y/Y to $670 million, while Services revenue grew 6.3% Y/Y to $163.9 million.

Ciena Stock Gains on Q2 Earnings Beat, Expanding Gross Margins

Shares of Ciena Corp. rallied 2.0% in premarket trading Thursday, after the networking systems company reported fiscal second-quarter profit and revenue that beat expectations, amid signs of improved customer spending. Net income rose to $103.1 million, or 66 cents a share, from $91.7 million, or 59 cents a share, in the year-ago period.

Ciena's stock rallies after profit, revenue beats

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter.

Ciena Reports Fiscal Second Quarter 2021 Financial Results

After a pause to observe the Memorial Day holiday, quarterly earnings reports began rolling out Tuesday morning with results from cannabis producer and consumer products maker Canopy Growth and cloud software firm Cloudera.

Earnings Preview: Ciena, Express, NetApp, Splunk

The end-to-end network deployment and service rollout from Ciena (CIEN) will enable the U.K. carrier to extend network capabilities, gain greater control over its operations while reducing costs and improving its reliability quotient.

Ciena (CIEN) Solutions to Boost Openreach Network Connectivity

LONDON--(BUSINESS WIRE)--Openreach is deploying Ciena's Routing & Switching and WaveLogic Ai- based coherent optical platforms.

Openreach Boosts Connectivity Services for UK Carriers with Ciena

Ciena's (CIEN) division, Blue Planet, teams up with Neos Networks to automate the service provisioning across the latter's transport network with end-to-end visibility.

News for Ciena Stock (CIEN)