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 2023 Earnings Conference Call June 6, 2023 8:30 AM ET Company Participants Gregg Lampf - Vice President, Investor Relations Gary Smith - President and Chief Executive Officer James Moylan - Senior Vice President and Chief Financial Officer Scott McFeely - Senior Vice President, Global Products and Services Conference Call Participants Simon Leopold - Raymond James Tim Long - Barclays Amit Daryanani - Evercore Alex Henderson - Needham & Company George Notter - Jefferies Samik Chatterjee - JPMorgan David Vogt - UBS Tal Liani - Bank of America Michael Genovese - Rosenblatt Securities Meta Marshall - Morgan Stanley Greg Mesniaeff - WestPark Capital Dave Kang - B. Riley Securities Operator Good morning, everyone, and welcome to the Ciena Fiscal Second Quarter 2023 Financial Results Conference Call.

Ciena Corporation (CIEN) Q2 2023 Earnings Call Transcript

Although the revenue and EPS for Ciena (CIEN) give a sense of how its business performed in the quarter ended April 2023, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ciena (CIEN) Reports Q2 Earnings: What Key Metrics Have to Say

Shares of Ciena Corp. CIEN, -11.05% were falling 11.5% in morning trading Tuesday after the networking company gave a downbeat outlook for the current quarter, which overshadowed better-than-expected results for the period that recently concluded. The company generated fiscal second-quarter net income of $57.7 million, or 38 cents a share, compared with $38.9 million, or 25 cents a share, in the year-earlier period.

Ciena stock plummets after downbeat outlook, as customers push out orders

Ciena (CIEN) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.60 per share. This compares to earnings of $0.50 per share a year ago.

Ciena (CIEN) Q2 Earnings and Revenues Surpass Estimates

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, announced financial results for fiscal second quarter ended April 29, 2023.

Ciena Reports Fiscal Second Quarter 2023 Financial Results

Ciena is scheduled to report earnings before Tuesday's open. Here's a closer look.

Earnings Preview: What To Expect From Ciena On Tuesday

Options traders are targeting Ciena Corp (NYSE:CIEN) ahead of earnings.

Options Traders Eye Ciena Stock Before Earnings

Ciena Corporation (NYSE:CIEN) is expected to post a positive earnings surprise when it reports second-quarter results before the market opens on Tuesday. The telecommunications-equipment maker is likely to post a 20% rise in earnings per share to $0.60 for the quarter, with its full-year 2023 earnings expected to jump 48%, according to the Zacks Consensus Estimate.

Ciena 2Q earnings likely to reveal positive growth: earnings preview

Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q2 performance. However, global macro weakness remains a concern.

Ciena (CIEN) to Post Q2 Earnings: Here's What to Expect

FOSTER CITY, Calif. & HANOVER, Md.--(BUSINESS WIRE)-- #5G--MATRIXX Software, a global leader in 5G monetization solutions, is working with Blue Planet, a division of Ciena (NYSE:CIEN), to offer intelligent automation solutions. Together, the two companies are providing an integrated solution that enables Communications Service Providers (CSPs) to dynamically orchestrate and charge for complex networks, mobile edge computing and cloud environments at scale. See more about how the solution works here.

MATRIXX Software and Blue Planet to Offer Dynamic Monetization and Intelligent Automation at Scale

Tech stocks have risen steeply as margin debt declines this year. It has not been a major risk-on rally, and I find shares of Ciena as a hold when combining fundamentals and momentum trends.

Ciena: International Growth To Spark An EPS Climb, Technicals Underscore Risks Though

BLAIR, Neb. & HANOVER, Md.--(BUSINESS WIRE)--Great Plains Communications (GPC) is deploying Ciena's Coherent Routing solution and WaveLogic 5 Nano technology.

Great Plains Communications Upgrades Multi-state Network with Ciena's Coherent Routing Solution

EL SEGUNDO, Calif.--(BUSINESS WIRE)-- #bandwidth--MOX announced that it has collaborated with Ciena to increase optical network capacity along its next-generation dark fiber network.

MOX Deploys Ciena's WaveLogic 5 Extreme to Enable up to 400G Wavelength Service Offering

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation expects to announce second quarter 2023 financial results on Tuesday, June 6, 2023 before the open of the financial markets.

Ciena Announces Reporting Date and Web Broadcast for Fiscal Second Quarter 2023 Results

Ciena (CIEN) is set to launch WaveRouter to meet the increasing demands of metro networks while eliminating trade-offs in space power and cooling.

Ciena (CIEN) to Unveil WaveRouter to Support Rising Metro Traffic

HANOVER, Md.--(BUSINESS WIRE)--Ciena introduced WaveRouter, an industry-first platform architecture optimally designed for the converged metro network.

Ciena Debuts WaveRouter, Industry's First Purpose-Built Router for the Converged Metro

Ciena (CIEN) continues to expect revenues in the range of $1,035-$1,115 million for the second quarter of fiscal 2023.

Ciena (CIEN) Reiterates Guidance for Q2 and Fiscal 2023

Lumentum Holdings

Ciena Corp. reaffirmed its outlook Thursday after optical-networking component maker Lumentum Holdings Inc. lowered its own forecast the previous afternoon, citing an order cancellation from a major customer.

Ciena's stock pares losses as company reiterates forecast after Lumentum warning

HANOVER, Md.--(BUSINESS WIRE)--Ciena announced that it is reaffirming guidance for its fiscal second quarter and full year 2023.

Ciena Reaffirms Fiscal Second Quarter and Full Year 2023 Guidance

Ciena (CIEN) reported earnings 30 days ago. What's next for the stock?

Why Is Ciena (CIEN) Up 5.5% Since Last Earnings Report?

Ciena's (CIEN) performance gains from continued momentum in WaveLogic 5e and frequent product launches.

Here's Why Investors Should Consider Buying Ciena (CIEN)

Ciena (CIEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Earnings Estimates Rising for Ciena (CIEN): Will It Gain?

Oppenheimer and Raymond James financial analysts upgraded Ciena Corp.'s (NYSE: CIEN) rating from Outperform to Strong Buy this week. The sentiment bump also helped push share value up by 3.1% on the news, coincidentally raising the price target from $58 to $70.

Analysts Upgrade Ciena Corp to Strong Buy

Global networking solutions provider Ciena Corporation (NYSE: CIEN) stock has struggled to breakout of a weekly ascending triangle pattern despite its blowout Q1 2023 earnings report. Ciena is a network infrastructure company benefiting from the secular tailwinds of growing demand for higher-speed and higher-capacity networks.

After an Earnings Blowout, Is Ciena Stock a Buying Opportunity?

Ciena's entry into the edge router market for telecom firms will be a catalyst for shares, said one analyst who upgraded the stock. The post Ciena Is Taking On Cisco And Huawei In This New Router Market appeared first on Investor's Business Daily.

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