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 Q2 2021

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Earnings data Q1 2024

Earnings data Q2 2024

Earnings data Q3 2024

Earnings data Q4 2024

Earnings data Q1 2025

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.

Ciena excels in Q4, eyes growth in data centers and AI

Ciena's strong financial performance, focus on innovation, and strategic goals position it for sustained growth.
Challenges in margin management and market dynamics require strategic agility and operational efficiency.
Opportunities in expanding market segments and technological advancements offer avenues for future growth.
Long-term targets reflect Ciena's commitment to financial discipline and market leadership.

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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.

Ciena Corporation (NYSE:CIEN ) Q2 2024 Earnings Conference Call June 6, 2024 8:30 AM ET Company Participants Gregg Lampf - VP, IR Gary Smith - President and CEO Jim Moylan - SVP and CFO Scott McFeely - Executive Advisor Conference Call Participants Tim Long - Barclays Karl Ackerman - BNP Paribas Tal Liani - Bank of America Ruben Roy - Stifel George Notter - Jefferies Amit Daryanani - Evercore Simon Leopold - Raymond James Samik Chatterjee - JPMorgan Ryan Koontz - Needham & Co. Operator Ladies and gentlemen, welcome to Ciena's Fiscal Second Quarter 2024 Financial Results Conference Call. All participants will be listen-only mode.

Ciena Corporation (CIEN) Q2 2024 Earnings Call Transcript

While the top- and bottom-line numbers for Ciena (CIEN) give a sense of how the business performed in the quarter ended April 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Ciena (CIEN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates

Ciena (CIEN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.74 per share a year ago.

Ciena (CIEN) Q2 Earnings and Revenues Beat Estimates

Ciena earnings and revenue fell vs. a year earlier but topped fiscal Q2 consensus.

Ciena Earnings, Revenue Fall But Beat Estimates

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 2024 Financial Results

Ciena Corporation's CIEN cutting-edge optical technology has been deployed by India-based Space World Group's subsidiary, Constl. Constl is utilizing Ciena's optical technology to offer high-speed Metro Area Network and National Long Distance connectivity services across its “state-of-the-art pan-India network,” enhancing the connectivity solutions in the region.

Ciena's (CIEN) Advanced Optical Technology Leveraged by Constl

Get a deeper insight into the potential performance of Ciena (CIEN) for the quarter ended April 2024 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.

Wall Street's Insights Into Key Metrics Ahead of Ciena (CIEN) Q2 Earnings

Ciena's (CIEN) fiscal second-quarter performance is likely to have been affected by slower-than-expected normalization of order volumes from the service providers.

Here's How Ciena's (CIEN) Placed Before Q2 Earnings Release

NEW DELHI, India--(BUSINESS WIRE)--Constl, a subsidiary of Space World Group, is deploying Ciena's (NYSE: CIEN) optical technology to offer high speed Metro Area Network (MAN) and National Long Distance (NLD) connectivity services across its state-of-the-art pan-India network. A key aspect of this network is Ciena's 6500 Packet-Optical Platform, powered by WaveLogic 5 Extreme (WL5e), which will allow Constl to support up to 800G services today, and scale to 1.6T services with WaveLogic 6 (WL6).

Constl, a Space World Company, Selects Ciena Optical Technology to Offer High-Capacity Digital Connectivity in India

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.

Earnings Preview: Ciena (CIEN) Q2 Earnings Expected to Decline

HANOVER, Md.--(BUSINESS WIRE)--A global study commissioned by Ciena (NYSE: CIEN) sheds light on communications service providers' (CSPs) growing optimism toward Artificial Intelligence (AI). More than half of telecom and IT engineers surveyed believe the use of AI will improve network operational efficiency by 40% or more1. In addition, an overwhelming 85%2 of respondents express confidence in CSPs' ability to monetize AI traffic across networks. The research was conducted by Ciena in collabora.

Ciena Global Study Finds 60% of CSPs Believe AI Will Improve Network Operational Efficiency By 40% or More

By deploying Ciena's (CIEN) WaveLogic 5 Extreme technology, Conterra is able to offer 400Gb/s wavelength services to carrier clients in Louisiana, North Carolina and Texas.

Ciena's (CIEN) WaveLogic 5 Extreme Used by Conterra Networks

CHARLOTTE, N.C. , May 15, 2024 /PRNewswire/ -- Conterra Networks, a national leader in providing fiber-optic network-based infrastructure and services, is leveraging Ciena's industry-leading WaveLogic 5 Extreme (WL5e) to deliver 400Gb/s wavelength services to carrier clients in Texas, North Carolina, and Louisiana.

Conterra Networks Launches 400Gb/s Waves Service for Carrier Clients with Ciena

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation expects to announce its fiscal second quarter financial results on Thursday, June 6, 2024.

Ciena Announces Reporting Date and Web Broadcast for Fiscal Second Quarter 2024 Results

Airgain

Arrow Electronics

Adoption of 5G technology has admittedly been slower than many analysts expected with user levels remaining lower than the mainstream 4G and 3G connections around the world. Even so, 5G is the radio frequency technology of choice for US telecom companies with some talks about the next generation of 5G already underway.

Shhh! 3 Secret 5G Stocks Flying Below Wall Street's Radar

SANTA CLARA, Calif.--(BUSINESS WIRE)-- #Ciena--IP Infusion, the market leader in carrier-grade networking software systems, recently completed testing and certification of Ciena's WaveLogic™ 5 Nano (WL5n) interoperable 400ZR and 400G ZR+ pluggable transceivers with IP Infusion's OcNOS® network operating system for white box hardware. Customers can now purchase Ciena's 400G ZR/ZR+ pluggables directly from IP Infusion and receive 24/7 support for the entire white box solution through a single point of con.

IP Infusion Completes Certification for Ciena 400G ZR/ZR+ Optics for Converged IP/Optical White Box Solution

JAKARTA, Indonesia--(BUSINESS WIRE)--Indonesian internet services and integrated network access provider HSPnet (PT Parsaoran Global Datatrans) today announced that at the beginning of 2024 it launched high-capacity services of up to 6 Tb/s on its B3JS (Jakarta-Bangka-Bintan-Batam-Singapore) and BDMCS (Batam-Dumai-Medan) cable systems. The transmission routes, totaling around 2,000km across both underwater and land cables, are supported by Ciena's (NYSE: CIEN) WaveLogic Ai-powered 6500 platform.

HSPnet Launches High Capacity B3JS and BDMCS Networks

HANOVER, Md.--(BUSINESS WIRE)--Blue Planet, a division of Ciena (NYSE:CIEN), has launched a major enhancement to its intelligent automation software portfolio with the first-of-its-kind Blue Planet Cloud Native Platform. Leveraging Kubernetes (K8s) technology to support multiple modular Operating Support System (OSS) applications, the new platform will allow Communications Service Providers (CSPs) to simplify and automate their OSS environments. Converging inventory, orchestration, and assuranc.

Blue Planet Unveils Industry's Only Multi-Cloud Native OSS Platform

A sharp cyclical slowdown in service provider spending has driven weak guidance from Ciena and prompted a significant sell-off in the shares. Ciena has been gaining share from rivals like Nokia and Huawei among service providers, but this major customer segment is likely to remain soft through 2024. Ciena has built a strong business among major cloud providers, and this data center-driven business is now over a third of revenue and poised to grow well in the future.

Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment

Ciena (CIEN) and Toshiba partner to showcase quantum secure communication platform at OFC Conference 2024.

Ciena (CIEN), Toshiba Team Up for Quantum Safe Technology

HANOVER, Md.--(BUSINESS WIRE)--Ciena (NYSE: CIEN) is proud to kick off the first day of OFC 2024 with a celebration of significant customer success, new optical innovations and industry recognition. Highlighted customer milestones include recent wins with Vocus to deploy 1.6 Tb/s technology in Australia and Southern Cross to deploy 800 Gb/s across the Pacific as well as Ciena's recent selection by Verizon to continue to evolve its long-haul and metro network with Ciena's WaveLogic 6 Extreme (WL.

Ciena Celebrates Major Customer Milestones and Optical Leadership at OFC 2024 in San Diego

SAN DIEGO--(BUSINESS WIRE)-- #QKD--Toshiba will demonstrate its quantum secure communication platform with Ciena (NYSE:CIEN), a global leader in networking systems, services, and software, at OFC Conference 2024. The quantum secure link will connect the Ciena and Toshiba exhibition booths with the OFCnet by using both QKD trusted node and multiplexing technology that will help to secure the network traffic over existing fiber optic cables. Relentless progress in quantum computing can weaken much of th.

Toshiba, Ciena Collaborate to Demonstrate Quantum Secure Communication at OFC

Ciena Co. NYSE: CIEN is a leading network and optical communications solutions provider based out of Hanover, MD. The computer and technology sector leader has been around since the dawn of the internet and its broadband evolution.

What Does Ciena's Forecast Cut Say About Optical Demand for AI?

By implementing Ciena???s (CIEN) solutions, SEA-ME-WE 4 cable system?

Ciena's (CIEN) GeoMesh Extreme Solution Used by SEA-ME-WE 4

HANOVER, Md.--(BUSINESS WIRE)--To support growing demand for more bandwidth across the Asia-to-Europe route, SEA-ME-WE 4 (South East Asia – Middle East – Western Europe 4) recently completed an upgrade to its submarine cable system. Powered by Ciena's (NYSE: CIEN) GeoMesh Extreme submarine network solution, the upgrade enables a capacity increase from 65Tb/s to 122Tb/s on the SEA-ME-WE 4 cable system. “Ciena's cutting-edge technology is helping us in optimizing the resources of the SEA-ME-WE 4.

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