|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||21.80 - 22.19|
|52-week range||19.40 - 27.98|
|PE ratio (TTM)||2.90|
|Earnings date||6 Mar 2018 - 12 Mar 2018|
|Forward dividend & yield||N/A (N/A)|
|1y target est||26.96|
An analyst says Lumentum Holdings and Finisar are "warming up" to potential acquisitions amid industry consolidation.
Shares of telecom equipment supplier Ciena Corp. rose 3.2% in Tuesday morning trading following an upgrade to buy from analysts at Goldman Sachs. "We view Ciena as a key beneficiary of a more bullish ...
HANOVER, Md.--(BUSINESSWIRE)-- Germany’s leading cable operator cuts data center power consumption in half while delivering four times the bandwidth to meet today’s web-scale demands Cloud computing, network ...
Cloud computing, network virtualization, HD video and other high-bandwidth services are putting extra pressure on today’s data centers and networks. Escalating costs due to power consumption, rack space limitations and related cooling issues are prevalent on the minds of service providers today.
Ciena® Corporation today announced its expected participation in the following upcoming event with the financial community. The event will be webcast live and recorded.
The warning by fiber-optic component vendor Inphi (IPHI), back at the end of October, that China is still a problem for it, shouldn’t deter investors in the stock, writes Stifel Nicolaus’s Tore Svanberg today, as he reiterates a Buy rating on the stock, and a $47 price target, as the company has at least three product lines that can offset slow demand. Inphi’s CEO Ford Tamer said on October 31st that the company is "still waiting for a rebound in China long haul and metro” in telecommunications.
Ciena's (CIEN) fiscal fourth-quarter 2017 results benefit from its diversified product portfolio and expanding total addressable market. However, increase in expenses remains an overhang on the bottom line.
Stocks are poised to climb on Friday following an upbeat jobs report. S&P 500 futures and Dow Jones Industrial futures are both up 0.3%, while Nasdaq futures are climbing 0.6%. As for specific stocks, ...
The optical systems maker fell short on earnings and missed on revenue Thursday. Ciena also announced a stock buyback.
Following a report this morning by fiber-optic pioneer Ciena (CIEN) of fiscal Q4 revenue that topped analysts’ expectations, but lower-than-expected earnings per share, an outlook for revenue growth the next few years that is faster than the market overall, and an announcement of its first-ever share buyback ever, shares are down 27 cents, or 1.2%, at $20.90. Chief executive Gary Smith was kind enough to speak with me by phone following the results. "We continue to grow the top line and the bottom line,” said Smith, regarding the rise of revenue of 3.9% to $744.4 million, which topped onsnuss of $736.9 million.
Stocks stumbled out to a mixed start, then turned positive Thursday, helped by strong early moves from Broadcom, Lululemon and Dollar General.
On a per-share basis, the Hanover, Maryland-based company said it had profit of $7.32. Earnings, adjusted for one-time gains and costs, came to 46 cents per share. The results fell short of Wall Street ...
Shares of Ciena Corp. dropped 3.6% in premarket trade Thursday, after the networking technology company reported a fiscal fourth-quarter profit that missed expectation, although sales beat. Net income ...
Ciena® , a network strategy and technology company, today announced that its Board of Directors has authorized a program to repurchase up to $300 million of the company’s common stock through the end of fiscal 2020.
Ciena® Corporation , a network strategy and technology company, today announced unaudited financial results for its fiscal fourth quarter and year ended October 31, 2017.
Ciena's (CIEN) fiscal fourth-quarter 2017 results are likely to benefit from growing demand for its products. However, uncertainty related to government orders remains a concern.
Aecero, a data center provider in Southern California, has selected Ciena’s packet networking and converged packet optical platforms to support the launch of the Aecero Cloud Exchange service, helping to tackle the “last mile” challenge of cloud computing — reaching the cloud.
Ciena is well-positioned to rebound in 2018, says Bank of America/Merrill Lynch, which upgraded it to buy ahead of earnings.
Electro Scientific, Ciena, Exxon Mobil, BP and PetroChina as Zacks Bull and Bear of the Day
Vincent Communications and Controls Ltd. expands its service capabilities by deploying Ciena’s packet networking platforms to address growing bandwidth needs for mobile backhaul and business services.
Ciena (NYSE: CIEN) and its partner Kapsch CarrierCom have been selected by ONTRAS Gastransport GmbH to implement a highly-reliable packet network. The network upgrade will enable Germany’s second largest gas transmission operator to introduce new security features to its facilities, improve data processing and address current and forthcoming industry legislation. It will also enable ONTRAS to implement advanced remote control and security features for the transmission of control and measuring data between its SCADA system (Supervisory Control and Data Acquisition) and peripheral PLC (programmable logic controllers) and measuring systems to control ONTRAS’ natural gas transport in eastern Germany.
Ciena and its partner Kapsch CarrierCom have been selected by ONTRAS Gastransport GmbH to implement a highly-reliable packet network. The network upgrade will enable Germany’s second largest gas transmission operator to introduce new security features to its facilities, improve data processing and address current and forthcoming industry legislation.