Ciena Corporation (CIEN)
| Market Cap | 8.75B |
| Revenue (ttm) | 3.40B |
| Net Income (ttm) | 365.77M |
| Shares Out | 155.33M |
| EPS (ttm) | 2.34 |
| PE Ratio | 24.20 |
| Forward PE | 16.72 |
| Dividend | n/a |
| Dividend Yield | n/a |
| Trading Day | July 26 |
| Last Price | $56.61 |
| Previous Close | $56.21 |
| Change ($) | 0.40 |
| Change (%) | 0.71% |
| Day's Open | 56.12 |
| Day's Range | 56.10 - 56.97 |
| Day's Volume | 807,006 |
| 52-Week Range | 38.03 - 61.52 |
Ciena (CIEN) partners with WIN Technology and Lightpath to expand their network capacity and performance on the back of its innovative technologies.
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.
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.
Should investors be excited or worried when a stock crosses above the 20-day simple moving average?
Ciena's (CIEN) networking solutions will enable AccessOn to better manage bandwidth-intensive applications, drive innovation and expand services in remote areas.
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 ...
HANOVER, Md.--(BUSINESS WIRE)--AccessOn Networks has chosen Ciena to expand its network across rural locations.
The 5G upgrade cycle is in full swing, and company profits are rolling in.
A recovery in network spending has triggered a turnaround at this company and supercharged its shares.
Ciena (CIEN) teams up with Bahrain-based network services provider, Batelco, to revamp the network capacity of the Batelco Gulf Network cable system.
HANOVER, Md.--(BUSINESS WIRE)--Marcatel is leveraging Ciena's coherent optical technology to support a new network connecting Querétaro, Mexico, to McAllen, Texas.
Ciena's (CIEN) second-quarter fiscal 2021 results reflect a year-over-year decline in product sales due to the pandemic.
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.
After markets closed Wednesday and before they opened Thursday morning, Ciena, Express, NetApp and Splunk all reported quarterly results.
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 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 ...
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter.
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 so...
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.
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation today announced its expected participation in the following upcoming events with the financial community
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 imp...
LONDON--(BUSINESS WIRE)--Openreach is deploying Ciena's Routing & Switching and WaveLogic Ai- based coherent optical platforms.
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.
ARLINGTON, Va.--(BUSINESS WIRE)--Secure Systems Innovation Corporation (SSIC) the innovators behind X-Analytics, the premier cyber risk decisioning firm whose mission is to improve how businesses manage...
HANOVER, Md.--(BUSINESS WIRE)--Neos Networks is deploying Blue Planet to ensure better visibility across its network and improved flexibility to support the needs of its customers.
HANOVER, Md.--(BUSINESS WIRE)--Ciena Announces Reporting Date and Web Broadcast for Fiscal Second Quarter 2021 Results
DUBLIN & STOCKHOLM--(BUSINESS WIRE)-- #400G--Aqua Comms, Telia Carrier and Ciena Successfully Trial New 400GbE POP to POP Trans-Atlantic Service connecting New York, London and Frankfurt
HANOVER, Md.--(BUSINESS WIRE)--Angola Cables has upgraded its MONET submarine cable network using Ciena's GeoMesh, powered by WaveLogic Ai coherent optical technology.
HANOVER, Md.--(BUSINESS WIRE)--Altibox is utilizing Ciena to create a flexible network for cloud providers, global webscale providers and large enterprises.
Value investors may want to consider the stocks listed below, as they have low price-sales ratios, good profitability and stable financial situations.
HANOVER, Md.--(BUSINESS WIRE)--Japan Network Access Point (JPNAP), a leading Internet Exchange (IX) provider operated by INTERNET MULTIFEED CO. (IMF), has deployed Ciena's (NYSE: CIEN) data center inter...
Ciena (CIEN) and Viavi (VIAV) collaborate with Colt to successfully conclude a 600G wavelength live network trial in Japan on the back of their state-of-the-art optical solutions.
The deployment of Ciena's (CIEN) WaveLogic 5 Extreme technology enables Zayo to support its customers by providing greater optical network capacity.
With more companies utilizing 5G, CIEN stock, LITE stock, COMM stock and CCI stock are all poised to benefit from the trend. The post 4 5G Stocks to Buy appeared first on InvestorPlace.
BOULDER, Colo. & LONDON--(BUSINESS WIRE)--Zayo Group Holdings, Inc. today announced the deployment of Ciena's WaveLogic™ 5 Extreme (WL5e) technology between Dublin, Ireland and Amsterdam, Netherlands, p...
Ciena (CIEN) joins forces with Aqua Comms to modernize the latter's two Trans-Atlantic submarine cable channels on the back of its innovative networking solutions.
HANOVER, Md.--(BUSINESS WIRE)--Aqua Comms has upgraded its two Trans-Atlantic submarine cable routes with Ciena's GeoMesh Extreme submarine network solution.
This networking company is turning around and trades at an attractive valuation after the recent sell-off.
Despite soft revenues owing to the virus outbreak, Ciena (CIEN) beats first-quarter fiscal 2021 earnings estimates.
Ciena stock gained after the maker of optical communications network gear reported fiscal first-quarter earnings and revenue that topped estimates. But earnings were flat and sales fell.
Ciena (CIEN) delivered earnings and revenue surprises of 15.56% and 0.96%, respectively, for the quarter ended January 2021. Do the numbers hold clues to what lies ahead for the stock?
Ciena stock gained after the maker of optical communications network gear reported fiscal first-quarter earnings and revenue that topped estimates. But earnings were flat and sales fell.
Ciena stock slipped after the maker of optical communications network gear reported fiscal first quarter earnings and revenue that topped estimates. The post Ciena Stock Slips As Optical Network Gear Ma...
HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation, a networking systems, services and software company, announced financial results for its fiscal first quarter.
Ciena (CIEN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
HANOVER, Md.--(BUSINESS WIRE)--Japanese cable operator MCTV will deploy Ciena to deliver high-quality digital services across rural areas.
Let's see if Ciena (CIEN) stock is a good choice for value-oriented investors right now from multiple angles.
HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation, a networking systems, services and software company, announced today Internet Availability of 2021 Annual Meeting Proxy Materials
HANOVER, Md.--(BUSINESS WIRE)--Xiber, an Indianapolis-based nationwide Internet Service Provider, selected Ciena (NYSE: CIEN) to build an SDN and NFV network for a major retail chain that spans six stat...
Ciena Corporation (NYSE: CIEN) announced that Southern Cross Cable Limited had chosen its GeoMesh Extreme submarine solution, utilizing Ciena's 6500 Submarine Line Terminating Equipment for the 13,494 k...
About CIEN
Ciena Corporation provides network hardware, software, and services that support the transport, routing, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks worldwide. The company's Networking Platforms segment offers hardware networking products and solutions that optimized for the convergence of coherent optical transport, optical transport network switching, and packet switching. Its products include 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, Waveserve... [Read more...]
| Industry Communication Equipment | IPO Date Feb 7, 1997 |
| CEO Gary Smith | Employees 7,077 |
| Stock Exchange NYSE | Ticker Symbol CIEN |
Financial Performance
In 2020, CIEN's revenue was $3.53 billion, a decrease of -1.12% compared to the previous year's $3.57 billion. Earnings were $361.29 million, an increase of 42.56%.
Analyst Forecasts
According to 19 analysts, the average rating for CIEN stock is "Buy." The 12-month stock price forecast is 65.59, which is an increase of 15.86% from the latest price.