Ciena Stock: Powering the AI Boom - A Network Infrastructure Play
- Network infrastructure solutions provider Ciena Co. NYSE: CIEN plays a critical role in the artificial intelligence (AI) revolution. AI platforms require computing power, data storage speed and capacity, and optimal networking with low latency and high bandwidth to transmit oceans of data quickly.
- 06/24/2024
|
TDC NET Upgrades Optical Transport Network to 800G with Ciena
- HANOVER, Md.--(BUSINESS WIRE)--Danish digital infrastructure provider TDC NET will deploy Ciena's (NYSE: CIEN) converged packet optical solutions to upgrade its metro and long-haul networks with 800G technology. The network upgrades will enable TDC NET to sustainably launch new, advanced services that support its net-zero emissions goal by reducing power consumption compared to its existing DWDM platform. TDC NET will deploy a modern OTN network based on Ciena's 6500 family of Packet Optical pl.
- 06/20/2024
|
Ciena: Reiterate Buy Rating, Worst Of This Cycle May Be Over
- CIEN's 2Q24 earnings exceeded expectations, with revenue of $911 million and gross margins of 43.5%. Management guidance for 3Q23 was not positive, but FY24 revenue guide remains strong, indicating a potential for significant growth in 4Q24. CIEN is well-positioned to capture market share with innovative products, benefiting from rising demand for AI and machine learning among telecom players.
- 06/19/2024
|
Cloud Should Be An Outsized Growth Driver For Ciena Across Fiscal 2025: Morgan Stanley Analyst
- Morgan Stanley analyst Meta Marshall upgraded Ciena Corp CIEN from Equal-Weight to Overweight and raised the price target from $53 to $55.
- 06/12/2024
|
Ciena's (CIEN) GeoMesh Extreme Solution Used by Serene Juno
- Ciena's (CIEN) GeoMesh Extreme solution, powered by WL6e, is utilized by Seren Juno Network and Seren Juno Network America in order to accelerate the process of digitization in Japan.
- 06/12/2024
|
NTT DATA-led JUNO Submarine Cable Plans to Deploy Ciena's WaveLogic 6 to Boost Network Capacity
- TOKYO--(BUSINESS WIRE)--Seren Juno Network Co., Ltd. and Seren Juno Network America Inc (Seren), operator of the NTT DATA-led JUNO submarine cable system, will deploy Ciena's (NYSE: CIEN) GeoMesh Extreme, powered by WaveLogic 6 Extreme (WL6e), to support Japan's digital hub ambitions. Linking the United States and Japan, the 10,000km JUNO cable is estimated to launch at the end of 2024, supporting the delivery of high-capacity services across Asia Pacific. “NTT DATA is dedicated to providing re.
- 06/11/2024
|
Don't Overlook Ciena (CIEN) International Revenue Trends While Assessing the Stock
- Review Ciena's (CIEN) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
- 06/10/2024
|
Why Ciena Soared And Then Slumped After Q2 2024 Earnings
- Ciena's stock responded positively after posting Q2 2024 results, with shares spiking to $55.77, but then closed lower last week. Q2 revenue declined by 19.4% YoY to $910.8 million, causing concern among investors. Ciena is optimistic about future growth opportunities, particularly in the AI and cloud space, but risks remain due to telecom customer spending levels.
- 06/10/2024
|
Ciena (CIEN) Q2 Earnings Top Estimates, Revenues Decline Y/Y
- Ciena's (CIEN) fiscal Q2 performance is affected by slower-than-expected recovery of order volumes from service providers amid persistent macroeconomic concerns, especially internationally.
- 06/07/2024
|
Ciena (CIEN) Q2 Earnings: Taking a Look at Key Metrics Versus Estimates
- 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.
- 06/06/2024
|
Ciena (CIEN) Q2 Earnings and Revenues Beat 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.
- 06/06/2024
|
Ciena Reports Fiscal Second Quarter 2024 Financial Results
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter.
- 06/06/2024
|
Ciena's (CIEN) Advanced Optical Technology Leveraged by Constl
- 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.
- 06/04/2024
|
Wall Street's Insights Into Key Metrics Ahead of Ciena (CIEN) Q2 Earnings
- 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.
- 06/03/2024
|
Here's How Ciena's (CIEN) Placed Before Q2 Earnings Release
- 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.
- 06/03/2024
|
Constl, a Space World Company, Selects Ciena Optical Technology to Offer High-Capacity Digital Connectivity in India
- 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).
- 06/03/2024
|
Earnings Preview: Ciena (CIEN) Q2 Earnings Expected to Decline
- 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.
- 05/30/2024
|
Ciena Global Study Finds 60% of CSPs Believe AI Will Improve Network Operational Efficiency By 40% or More
- 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.
- 05/22/2024
|
Insider Selling: Ciena Co. (NYSE:CIEN) SVP Sells $63,112.00 in Stock
- Ciena Co. (NYSE:CIEN – Get Free Report) SVP Joseph Cumello sold 1,288 shares of Ciena stock in a transaction that occurred on Wednesday, May 15th. The shares were sold at an average price of $49.00, for a total value of $63,112.00. Following the completion of the transaction, the senior vice president now owns 49,883 shares of the company’s stock, valued at $2,444,267. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Joseph Cumello also recently made the following trade(s): On Monday, April 15th, Joseph Cumello sold 3,156 shares of Ciena stock. The shares were sold at an average price of $45.74, for a total value of $144,355.44. Ciena Trading Down 0.7 % Ciena stock opened at $48.85 on Monday. Ciena Co. has a 1 year low of $39.94 and a 1 year high of $63.24. The firm’s 50 day moving average price is $48.06 and its two-hundred day moving average price is $48.89. The firm has a market cap of $7.06 billion, a price-to-earnings ratio of 31.72, a price-to-earnings-growth ratio of 2.24 and a beta of 1.00. The company has a debt-to-equity ratio of 0.53, a quick ratio of 3.12 and a current ratio of 4.29. Ciena (NYSE:CIEN – Get Free Report) last announced its earnings results on Thursday, March 7th. The communications equipment provider reported $0.66 EPS for the quarter, beating the consensus estimate of $0.48 by $0.18. The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.02 billion. Ciena had a return on equity of 9.92% and a net margin of 5.22%. Ciena’s revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.48 earnings per share. On average, research analysts predict that Ciena Co. will post 1.46 EPS for the current fiscal year. Wall Street Analyst Weigh In Several research firms have recently commented on CIEN. Citigroup initiated coverage on shares of Ciena in a research report on Friday, April 12th. They set a “sell” rating and a $44.00 price target for the company. StockNews.com upgraded shares of Ciena from a “sell” rating to a “hold” rating in a research note on Friday, March 8th. BNP Paribas started coverage on Ciena in a research report on Thursday, April 11th. They set an “outperform” rating and a $57.00 price objective for the company. JPMorgan Chase & Co. lifted their target price on Ciena from $56.00 to $67.00 and gave the company an “overweight” rating in a research note on Tuesday, March 5th. Finally, Needham & Company LLC increased their price target on Ciena from $60.00 to $65.00 and gave the stock a “buy” rating in a research note on Monday, March 4th. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating, eight have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $58.79. Get Our Latest Stock Analysis on Ciena Institutional Inflows and Outflows Several institutional investors have recently made changes to their positions in CIEN. Hsbc Holdings PLC lifted its position in shares of Ciena by 87.0% in the 3rd quarter. Hsbc Holdings PLC now owns 50,597 shares of the communications equipment provider’s stock valued at $2,407,000 after acquiring an additional 23,544 shares in the last quarter. DigitalBridge Group Inc. raised its stake in Ciena by 34.4% during the 3rd quarter. DigitalBridge Group Inc. now owns 352,727 shares of the communications equipment provider’s stock valued at $16,670,000 after purchasing an additional 90,206 shares during the period. HighTower Advisors LLC lifted its holdings in shares of Ciena by 2.2% in the third quarter. HighTower Advisors LLC now owns 17,585 shares of the communications equipment provider’s stock valued at $833,000 after purchasing an additional 376 shares in the last quarter. Sowell Financial Services LLC acquired a new stake in shares of Ciena in the third quarter worth $483,000. Finally, Atreides Management LP purchased a new position in shares of Ciena during the third quarter valued at $77,883,000. 91.99% of the stock is owned by hedge funds and other institutional investors. Ciena Company Profile (Get Free Report) Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services. Read More Five stocks we like better than Ciena Best of the list of Dividend Aristocrats: Build wealth with the aristocrat index CVS Health Stock Has a Silver Lining Called Value What Are Dividend Achievers? An Introduction Magnificent 7 Still Magnificent as the Halfway Mark Approaches? Find and Profitably Trade Stocks at 52-Week Lows 3 Vital Copper Stocks Helping EVs and AI Data Centers Take Off
- 05/20/2024
|
Ciena Co. (NYSE:CIEN) Shares Purchased by Charles Schwab Investment Management Inc.
- Charles Schwab Investment Management Inc. raised its position in Ciena Co. (NYSE:CIEN – Free Report) by 2.0% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 949,476 shares of the communications equipment provider’s stock after buying an additional 18,860 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.66% of Ciena worth $42,736,000 at the end of the most recent quarter. Several other large investors also recently modified their holdings of CIEN. Mitsubishi UFJ Trust & Banking Corp acquired a new stake in Ciena in the third quarter valued at $101,000. Smithfield Trust Co lifted its position in shares of Ciena by 74.5% during the third quarter. Smithfield Trust Co now owns 2,999 shares of the communications equipment provider’s stock worth $142,000 after purchasing an additional 1,280 shares during the last quarter. Operose Advisors LLC grew its stake in Ciena by 19.0% in the third quarter. Operose Advisors LLC now owns 3,214 shares of the communications equipment provider’s stock worth $152,000 after purchasing an additional 514 shares in the last quarter. Claret Asset Management Corp bought a new stake in Ciena in the third quarter valued at about $203,000. Finally, Vestmark Advisory Solutions Inc. acquired a new stake in Ciena during the third quarter valued at approximately $207,000. 91.99% of the stock is currently owned by institutional investors and hedge funds. Ciena Stock Performance Shares of NYSE CIEN opened at $48.85 on Monday. Ciena Co. has a 12-month low of $39.94 and a 12-month high of $63.24. The company has a market cap of $7.06 billion, a PE ratio of 31.72, a P/E/G ratio of 2.24 and a beta of 1.00. The stock has a 50 day simple moving average of $48.06 and a 200-day simple moving average of $48.89. The company has a current ratio of 4.29, a quick ratio of 3.12 and a debt-to-equity ratio of 0.53. Ciena (NYSE:CIEN – Get Free Report) last posted its quarterly earnings data on Thursday, March 7th. The communications equipment provider reported $0.66 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.48 by $0.18. Ciena had a net margin of 5.22% and a return on equity of 9.92%. The business had revenue of $1.04 billion during the quarter, compared to analysts’ expectations of $1.02 billion. During the same period last year, the firm posted $0.48 earnings per share. The business’s revenue was down 1.8% on a year-over-year basis. On average, equities research analysts forecast that Ciena Co. will post 1.46 EPS for the current year. Insiders Place Their Bets In other news, SVP Brodie Gage sold 533 shares of Ciena stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $49.61, for a total value of $26,442.13. Following the transaction, the senior vice president now owns 41,372 shares of the company’s stock, valued at approximately $2,052,464.92. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other Ciena news, CEO Gary B. Smith sold 4,166 shares of the business’s stock in a transaction dated Monday, April 15th. The stock was sold at an average price of $44.80, for a total transaction of $186,636.80. Following the sale, the chief executive officer now owns 385,109 shares in the company, valued at approximately $17,252,883.20. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, SVP Brodie Gage sold 533 shares of the firm’s stock in a transaction dated Monday, April 1st. The stock was sold at an average price of $49.61, for a total transaction of $26,442.13. Following the completion of the transaction, the senior vice president now owns 41,372 shares of the company’s stock, valued at $2,052,464.92. The disclosure for this sale can be found here. Over the last three months, insiders have sold 33,473 shares of company stock worth $1,715,991. 0.83% of the stock is owned by corporate insiders. Wall Street Analysts Forecast Growth Several research analysts have recently commented on CIEN shares. Evercore ISI lifted their target price on Ciena from $57.00 to $63.00 and gave the stock an “outperform” rating in a research report on Friday, February 23rd. Citigroup started coverage on shares of Ciena in a report on Friday, April 12th. They set a “sell” rating and a $44.00 target price on the stock. JPMorgan Chase & Co. lifted their price target on shares of Ciena from $56.00 to $67.00 and gave the company an “overweight” rating in a report on Tuesday, March 5th. Needham & Company LLC boosted their price objective on shares of Ciena from $60.00 to $65.00 and gave the company a “buy” rating in a research report on Monday, March 4th. Finally, BNP Paribas started coverage on shares of Ciena in a report on Thursday, April 11th. They issued an “outperform” rating and a $57.00 target price on the stock. One research analyst has rated the stock with a sell rating, two have given a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $58.79. Check Out Our Latest Research Report on CIEN About Ciena (Free Report) Ciena Corporation provides hardware and software services for delivery of video, data, and voice traffic metro, aggregation, and access communications network worldwide. The company's Networking Platforms segment offers convergence of coherent optical transport, open optical networking, optical transport network switching, IP routing, and switching services.
- 05/20/2024
|
Ciena's (CIEN) WaveLogic 5 Extreme Used by Conterra Networks
- 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.
- 05/17/2024
|
Conterra Networks Launches 400Gb/s Waves Service for Carrier Clients with Ciena
- 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.
- 05/15/2024
|
Shhh! 3 Secret 5G Stocks Flying Below Wall Street's Radar
- 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.
- 04/30/2024
|
IP Infusion Completes Certification for Ciena 400G ZR/ZR+ Optics for Converged IP/Optical White Box Solution
- 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.
- 04/17/2024
|
HSPnet Launches High Capacity B3JS and BDMCS Networks
- 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.
- 04/16/2024
|
Ciena, Corteva, VF Corp | Top Calls
- Top calls today are Ciena, Corteva and VF Corp.
- 04/12/2024
|
Ciena's Large Legacy Business Weighing On Near-Term Growth And Sentiment
- 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.
- 04/05/2024
|
Ciena (CIEN), Toshiba Team Up for Quantum Safe Technology
- Ciena (CIEN) and Toshiba partner to showcase quantum secure communication platform at OFC Conference 2024.
- 03/27/2024
|
Ciena Celebrates Major Customer Milestones and Optical Leadership at OFC 2024 in San Diego
- 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.
- 03/27/2024
|
What Does Ciena's Forecast Cut Say About Optical Demand for AI?
- 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.
- 03/19/2024
|
Ciena's (CIEN) GeoMesh Extreme Solution Used by SEA-ME-WE 4
- By implementing Ciena???s (CIEN) solutions, SEA-ME-WE 4 cable system?
- 03/12/2024
|
SEA-ME-WE 4 Enables Global Digitalization with Enhanced Connectivity Powered by Ciena
- 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.
- 03/11/2024
|
Ciena (CIEN) Q1 Earnings Top Estimates, Revenues Decline Y/Y
- Ciena's (CIEN) fiscal first-quarter performance is affected by the macroeconomic concerns that are causing lower-than-expected order volumes from service providers in several overseas geographies.
- 03/08/2024
|
Why Ciena Stock Flopped Today
- Ciena beat expectations on sales and earnings for its fiscal Q1. Earnings declined year over year, mostly due to higher interest expenses.
- 03/07/2024
|
Ciena Corporation (CIEN) Q1 2024 Earnings Call Transcript
- Ciena Corporation (NYSE:CIEN ) Q1 2024 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Gregg Lampf - VP, IR Gary B. Smith - President and CEO James E.
- 03/07/2024
|
Ciena (CIEN) is a Top-Ranked Momentum Stock: Should You Buy?
- Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
- 03/07/2024
|
Ciena Tumbles as Revenue Outlook Misses on Soft Demand
- The company said service providers are taking longer than expected to work through inventory.
- 03/07/2024
|
Ciena (CIEN) Q1 Earnings and Revenues Beat Estimates
- Ciena (CIEN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.64 per share a year ago.
- 03/07/2024
|
Ciena Earnings Top Estimates, But Fiber-Optics Gear Maker Falls
- Ciena reported fiscal Q1 profit and revenue that topped estimates. Shares fell ahead of the fiber-optics gear maker's earnings call.
- 03/07/2024
|
Ciena Reports Fiscal First Quarter 2024 Financial Results
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation announced unaudited financial results for fiscal first quarter ended January 27, 2024.
- 03/07/2024
|
Will Ciena (CIEN) Beat Estimates Again in Its Next Earnings Report?
- Ciena (CIEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 03/06/2024
|
Ciena (CIEN) to Post Q1 Earnings: Here's What to Expect
- Ciena's (CIEN) fiscal first-quarter performance is likely to have been affected due to rising customer inventory levels owing to reduced spending by buyers amid economic troubles.
- 03/05/2024
|
Countdown to Ciena (CIEN) Q1 Earnings: Wall Street Forecasts for Key Metrics
- Evaluate the expected performance of Ciena (CIEN) for the quarter ended January 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
- 03/04/2024
|
New Strong Sell Stocks for February 6th
- AIRI, CIEN and HTBK have been added to the Zacks Rank #5 (Strong Sell) List on February 6, 2023.
- 02/06/2024
|
Ciena's (CIEN) WL6e Solution Utilized by Southern Cross
- Ciena's (CIEN) WaveLogic 6 Extreme is being utilized by Southern Cross to address the growing international connectivity.
- 01/24/2024
|
Q1's Rising Stars: 3 Tech Stocks for Your Must-Watch List
- Overall, technology as a sector impressed in 2023. While that might be a temptation to rotate to laggards, sticking with tech stocks in 2024 could be rewarding.
- 01/16/2024
|
Ciena's (CIEN) GeoMesh Extreme Solution Used by BW Digital
- Ciena's (CIEN) GeoMesh Extreme is being utilized by BW Digital to address the growing international connectivity demands.
- 01/12/2024
|
After A 13% Fall This Year How Does Ciena Compare With F5 Stock?
- Given its better prospects, we believe Ciena stock (NYSE: CIEN), a network hardware, software, and services provider, is a better pick than its sector peer, F5 Networks stock (NASDAQ NDAQ : FFIV), an application security and cloud networking company. Investors have assigned a higher valuation multiple of 3.7x revenues for FFIV compared to 1.5x revenues for CIEN due to F5's superior revenue growth and profitability.
- 12/19/2023
|
Ciena: Technological Leader In A Secular Growth Market
- Ciena is the technological leader in the coherent optical space, with a track record of outpacing the competition both in terms of product innovation and market share. Ciena should benefit from the increasing demand for internet bandwidth, potential margin expansion, and the rise of AI. The company is trading at 15x P/E 2024 adjusted EPS. An acceleration in business from H1 2024 onwards should drive earnings improvement and subsequently investor interest in the stock.
- 12/19/2023
|
Ciena (CIEN) Q4 Earnings & Revenues Top Estimates, Up Y/Y
- Ciena's (CIEN) fiscal fourth-quarter performance is driven by increasing demand momentum, especially from cloud provider customers.
- 12/08/2023
|
CIEN Stock Earnings: Ciena Beats EPS, Beats Revenue for Q4 2023
- Ciena (NYSE: CIEN ) just reported results for the fourth quarter of 2023. Ciena reported earnings per share of 75 cents.
- 12/07/2023
|
Ciena Stock Is Rallying. Cloud Demand Is Strong.
- Optical-networking company Ciena reported a strong fiscal fourth quarter. It caught up with delayed demand.
- 12/07/2023
|
Ciena (CIEN) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- While the top- and bottom-line numbers for Ciena (CIEN) give a sense of how the business performed in the quarter ended October 2023, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
- 12/07/2023
|
Ciena (CIEN) Beats Q4 Earnings and Revenue Estimates
- Ciena (CIEN) came out with quarterly earnings of $0.75 per share, beating the Zacks Consensus Estimate of $0.68 per share. This compares to earnings of $0.61 per share a year ago.
- 12/07/2023
|
Ciena sales jump boosted by optical networking arm
- Ciena Corporation (NYSE:CIEN) reported strong growth in sales and profit in the fourth quarter boosted by strong optical networking sales. The networking systems, services and software company said in the financial fourth quarter ended October 28 revenue rose to $1.13 billion from $971.0 million the year before.
- 12/07/2023
|
Countdown to Ciena (CIEN) Q4 Earnings: Wall Street Forecasts for Key Metrics
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Ciena (CIEN), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended October 2023.
- 12/04/2023
|
Ciena (CIEN) to Post Q4 Earnings: Here's What to Expect
- Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q4 performance. However, global macro weakness remains a concern.
- 12/04/2023
|
Ciena: Path To Recovery But Undervalued By The Market
- Ciena Corporation is a global provider of networking solutions and services, specializing in high-capacity network equipment. The company's diverse revenue streams and strong fundamentals make it undervalued compared to its peers. Ciena's recent quarterly results show robust revenue growth, driven by the conversion of a substantial backlog and market share gains.
- 10/16/2023
|
Ciena's (CIEN) GeoMesh Extreme Solution Utilized by SUBCO
- SUBCO has also partnered with Ciena (CIEN) to upgrade INDIGO cable earlier.
- 10/13/2023
|
Ciena's (CIEN) Blue Planet Powers Virgin Media's Fiber Service
- Ciena (CIEN) helps Virgin Media to modernize its Operational Support Systems and streamline the order-to-service process.
- 09/20/2023
|
Ciena's (CIEN) Coherent Solutions Being Leveraged by EdgeUno
- Ciena's (CIEN) Waveserver 5 is being utilized by EdgeUno to upgrade its data center interconnect.
- 09/14/2023
|
The 3 Best Communication Stocks to Buy Now: September 2023
- Communications stocks are arguably more important than ever. Whether it is broadband internet, text messages, telephone calls or voice mail, communications dominate our daily lives more than at anytime in human history.
- 09/06/2023
|
Does Ciena's Earnings Beat Signal New Networking Boom Ahead?
- Telecom gear maker Ciena Corp. NYSE: CIEN gapped up after reporting third-quarter earnings on August 31. Shares reversed lower in the following session, but not nearly enough to fill the gap; Ciena stock closed 16.82% higher for the week.
- 09/06/2023
|
Why Ciena Corporation Jumped Today
- Ciena Corporation delivered a strong beat on revenue and earnings for its latest quarter. Management cited "strength across all regions" and subsequently raised their full-year outlook for revenue growth.
- 08/31/2023
|
Ciena Corporation (CIEN) Q3 2023 Earnings Call Transcript
- Ciena Corporation (NYSE:CIEN ) Q3 2023 Results Conference Call August 31, 2023 8:30 AM ET Company Participants Gregg Lampf - VP, IR Gary Smith - President and CEO Jim Moylan - CFO Scott McFeely - SVP, Global Products and Services Conference Call Participants David Vogt - UBS Tim Long - Barclays George Notter - Jefferies Simon Leopold - Raymond James Michael Genovese - Rosenblatt Securities Samik Chatterjee - JP Morgan Alex Henderson - Needham Meta Marshall - Morgan Stanley Greg Mesniaeff - WestPark Capital Dave Kang - B. Riley FBR Tim Savageaux - Northland Capital Markets Operator Good morning, everyone, and welcome to Ciena's Fiscal Third Quarter 2023 Financial Results Conference Call.
- 08/31/2023
|
Ciena (CIEN) Q3 Earnings and Revenues Surpass Estimates
- Ciena (CIEN) came out with quarterly earnings of $0.59 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.33 per share a year ago.
- 08/31/2023
|
Ciena stock rises as broadband firm beats expectations
- Ciena Corporation (NYSE:CIEN) stock rose just over 4% in Thursday's premarket deals as the optical broadband networks operator reported expectation-beating quarterly results. At $1.07 billion, Ciena's third-quarter revenue was ahead of the $1.04 billion pencilled in by Wall Street analysts.
- 08/31/2023
|
Ciena's stock surges after profit and revenue rise above projections
- Shares of Ciena Corp. CIEN, +0.77% surged 2.0% toward a 2 1/2-month high in premarket trading Thursday, after the optical networking company reported fiscal third-quarter results that topped forecasts, citing increased customer activity and an elevated backlog. Net income for the quarter to July 29 rose to $29.7 million, or 20 cents a share, from $10.5 million, or 7 cents a share, in the year-ago period.
- 08/31/2023
|
3 Inexpensive Mid Cap Tech Stocks With Good Growth Prospects
- By far 2023's best-performing group, information technology companies are benefiting from job cuts, other cost-saving measures, a semiconductor recovery and of course, an artificial intelligence (AI) boom. Some of the year's biggest winners — NVIDIA, Meta Platforms and AMD — are beneficiaries of all of the above.
- 08/29/2023
|
Ciena (CIEN) to Post Q3 Earnings: Here's What to Expect
- Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q3 performance. However, global macro weakness remains a concern.
- 08/28/2023
|
Why Is Ciena (CIEN) Down 0.8% Since Last Earnings Report?
- Ciena (CIEN) reported earnings 30 days ago. What's next for the stock?
- 07/06/2023
|
Ciena (CIEN) Q2 Earnings & Revenues Top Estimates, Rise Y/Y
- Ciena's (CIEN) Q2 revenues benefit from improving supply-chain dynamics. However, Ciena lowers its revenue guidance for fiscal 2023.
- 06/07/2023
|
Ciena Hit Hard On Softer Short-Term Demand Trends
- Ciena shares face short-term challenges due to order push-outs from service providers and hyperscale cloud operators, impacting near-term growth expectations. Despite weaker near-term outlook, Ciena's long-term prospects remain positive, with opportunities in expanding addressable markets like converged optical edge routing. Investors willing to look past a few lackluster quarters can expect healthy upside, but the market may be cautious until there's evidence of improved order activity.
- 06/07/2023
|
Why Ciena Stock Crashed on Tuesday
- Ciena beat earnings on both the top and bottom lines Tuesday. Guidance, however, was a little disappointing, with Ciena warning sales could come in below prior expectations both in Q3 and for the year.
- 06/06/2023
|
Ciena (CIEN) Reports Q2 Earnings: What Key Metrics Have to Say
- 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.
- 06/06/2023
|
Ciena (CIEN) Q2 Earnings and Revenues Surpass Estimates
- 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.
- 06/06/2023
|
Earnings Preview: What To Expect From Ciena On Tuesday
- Ciena is scheduled to report earnings before Tuesday's open. Here's a closer look.
- 06/05/2023
|
Options Traders Eye Ciena Stock Before Earnings
- Options traders are targeting Ciena Corp (NYSE:CIEN) ahead of earnings.
- 06/05/2023
|
Ciena 2Q earnings likely to reveal positive growth: earnings preview
- 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.
- 06/05/2023
|
3 Intriguing Stocks to Watch as Earnings Approach
- Here are three stocks that are worthy of consideration ahead of their quarterly reports and may become more attractive as we progress through 2023.
- 06/02/2023
|
OKTA's Q1 Earnings Beat Estimates, Revenues Increase Y/Y
- Okta's (OKTA) first-quarter fiscal 2024 results reflect the benefits of an expanding clientele.
- 06/02/2023
|
Ciena (CIEN) to Post Q2 Earnings: Here's What to Expect
- Strong demand trends are likely to have boosted Ciena's (CIEN) fiscal Q2 performance. However, global macro weakness remains a concern.
- 06/02/2023
|
Ciena to Webcast Financial Community Event
- HANOVER, Md.--(BUSINESS WIRE)--June 2, 2023 Ciena® Corporation today announced its expected participation in the following upcoming event with the financial community.
- 06/02/2023
|
Ciena: International Growth To Spark An EPS Climb, Technicals Underscore Risks Though
- 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.
- 05/18/2023
|
Ciena (CIEN) to Unveil WaveRouter to Support Rising Metro Traffic
- Ciena (CIEN) is set to launch WaveRouter to meet the increasing demands of metro networks while eliminating trade-offs in space power and cooling.
- 04/13/2023
|
Ciena (CIEN) Reiterates Guidance for Q2 and Fiscal 2023
- Ciena (CIEN) continues to expect revenues in the range of $1,035-$1,115 million for the second quarter of fiscal 2023.
- 04/10/2023
|
Ciena's stock pares losses as company reiterates forecast after Lumentum warning
- 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.
- 04/06/2023
|
Why Is Ciena (CIEN) Up 5.5% Since Last Earnings Report?
- Ciena (CIEN) reported earnings 30 days ago. What's next for the stock?
- 04/05/2023
|
Earnings Estimates Rising for Ciena (CIEN): Will It Gain?
- Ciena (CIEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 03/30/2023
|
Analysts Upgrade Ciena Corp to Strong Buy
- 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.
- 03/30/2023
|
After an Earnings Blowout, Is Ciena Stock a Buying Opportunity?
- 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.
- 03/28/2023
|
1 Exceptional Growth Stock That's Set to Shoot Higher
- Ciena smashed Wall Street's estimates last quarter thanks to an improving supply chain and robust demand. Ciena raised its full-year revenue guidance thanks to a big order backlog and its expectation of gaining more share in the optical networking market.
- 03/16/2023
|
Ciena (CIEN) Solutions Being Leveraged by Colt Technology
- Ciena's (CIEN) Waveserver 5 and MCP domain controller used by Colt Technology to upgrade its network capacity.
- 03/15/2023
|
Ciena (CIEN) Q1 Earnings & Revenues Top Estimates, Up Y/Y
- Ciena's (CIEN) Q1 revenues benefit from robust customer demand amid easing supply-chain troubles.
- 03/08/2023
|
Ciena stock surges on Q1 earnings beat
- Yahoo Finance Live anchors Julie Hyman and Jared Blikre discuss Ciena quarterly earnings.
- 03/06/2023
|
Ciena (CIEN) Tops Q1 Earnings and Revenue Estimates
- Ciena (CIEN) delivered earnings and revenue surprises of 77.78% and 10.14%, respectively, for the quarter ended January 2023. Do the numbers hold clues to what lies ahead for the stock?
- 03/06/2023
|
Ciena Earnings Top Estimates As Supply Chain Problems Ease
- Ciena reported January-quarter profit and revenue that topped analyst estimates as supply chain problems eased. The post Ciena Earnings Top Estimates As Supply Chain Problems Ease appeared first on Investor's Business Daily.
- 03/06/2023
|
Ciena Smashes Expectations as Supply Chain and Demand Accelerate. The Stock Surges.
- The communications and network infrastructure provider, posted record revenue of $1.06 billion for the quarter that ended January.
- 03/06/2023
|
China stocks slip after growth target released, as Ciena shares pop on earnings beat
- Here are some of the most active premarket movers on Monday. U.S. stock futures ES00, -0.04% pointed to a slow start after a two-day rally.
- 03/06/2023
|
Ciena stock shoots up nearly 10% after big earnings beat, with strength in networking business
- Shares of Ciena Corp. CIEN, +0.57% shot up 9.6% toward a 6 1/2-month high in premarket trading Monday, after the optical networking company reported fiscal first-quarter results that beat expectations by wide margins, amid strength in its networking platforms business. Net income for the quarter to Jan. 28 rose to $76.2 million, or 51 cents a share, from $45.8 million, or 29 cents a share, in the year-ago period.
- 03/06/2023
|
Consumer Companies Due To Report Q4 Earnings; Will This Retailer Extend Streak Of 10 Straight Beats?
- The torrent of earnings reports is slowing down, with some consumer stocks left among the notable reports in the coming week.
- 03/02/2023
|
Here's What to Expect Ahead of Ciena's (CIEN) Q1 Earnings
- Strong secular demand trends are likely to have provided some cushioning to Ciena's (CIEN) fiscal Q1 performance. However, global macro weakness and supply-chain troubles remain concerns.
- 03/02/2023
|
Ciena Announces Reporting Date and Web Broadcast for Fiscal First Quarter 2023 Results
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal first quarter financial results on Monday, March 6, 2023 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website.
- 02/08/2023
|
Here's Why Investors Should Consider Buying Ciena (CIEN)
- Ciena's (CIEN) performance gains from continued momentum in Coherent Routing, PON and high-speed business services.
- 01/12/2023
|
Ciena to Webcast Financial Community Event
- HANOVER, Md.--( BUSINESS WIRE )--Ciena ® Corporation (NYSE: CIEN) today announced its expected participation in the following upcoming event with the financial community. This event will be webcast live and recorded. Archived versions will be made available approximately 24 hours following the conclusion of the live event in the Events & Presentations page of the Investors section of Ciena's website.
- 01/04/2023
|
Ciena's (CIEN) Coherent Optical Technology Used by Dedicado
- Ciena's (CIEN) 6500 Packet-Optical Platform powered by WL5e is used by Dedicado to support the rising demand for network connectivity.
- 12/16/2022
|
Charter Stock Dives On Higher Capital Spending While Supplier Harmonic Gains
- Shares in Charter Communications tumbled on its plans to hike capital spending while network equipment supplier Harmonic jumped on the news. The post Charter Stock Dives On Higher Capital Spending While Supplier Harmonic Gains appeared first on Investor's Business Daily.
- 12/14/2022
|
Time to Buy These 2 Tech Stocks for 2023?
- Considering their current valuation and earnings growth, Ciena (CIEN) and nVent (NVT) both look poised for a strong 2023.
- 12/13/2022
|
Ciena Spikes On Improving Supply, And The Backlog Remains Robust
- Ciena handily beat sell-side expectations for its fiscal fourth quarter, as a meaningful improvement in component availability allowed the company to deliver on higher-margin orders in the backlog. Per management guidance, improving component availability is putting the company back on its former revenue trajectory, but there are likely to still be some margin pressures in FY'23.
- 12/09/2022
|
Ciena (CIEN) Q4 Earnings & Revenues Top Estimates, Down Y/Y
- Ciena's (CIEN) Q4 revenues were affected by continued supply-chain constraints, partly offset by robust customer demand.
- 12/09/2022
|
Stocks in focus: Microsoft, Activision-Blizzard, Chinese stocks, GameStop, Ciena Corporation
- Yahoo Finance's Jared Blikre highlights which stocks are making moves at the end of the trading session on Thursday.
- 12/08/2022
|
Why Ciena Stock Just Soared 20%
- Ciena crushed earnings estimates in 2022 -- and plans to do it again in 2023.
- 12/08/2022
|
Ciena Corporation (CIEN) Q4 2022 Earnings Call Transcript
- Ciena Corporation (NYSE:CIEN ) Q4 2022 Earnings Conference Call December 8, 2022 8:30 AM ET Company Participants Gregg Lampf - Vice President, Investor Relations Gary Smith - President and Chief Executive Officer Jim Moylan - Chief Financial Officer Scott McFeely - Senior Vice President, Global Products and Services Conference Call Participants Paul Silverstein - Cowen Samik Chatterjee - JPMorgan Alex Henderson - Needham & Company George Notter - Jefferies Simon Leopold - Raymond James Amit Daryanani - Evercore ISI Jim Suva - Citi Catharine Trebnick - MKM Partners Mike Genovese - Rosenblatt Securities David Vogt - UBS Operator Good day and thank you for standing by. Welcome to the Ciena Fiscal Fourth Quarter and Year End 2022 Results.
- 12/08/2022
|
Ciena (CIEN) Beats Q4 Earnings and Revenue Estimates
- Ciena (CIEN) delivered earnings and revenue surprises of 662.50% and 14.04%, respectively, for the quarter ended October 2022. Do the numbers hold clues to what lies ahead for the stock?
- 12/08/2022
|
These 2 Stocks Could Lift the Market Thursday
- Good news from these businesses helped get investors in a better mood.
- 12/08/2022
|
Ciena Earnings Crush Views; CEO Expects 'Outsized Revenue Growth'
- Ciena reported October-quarter profit and revenue that topped estimates as supply chain problems eased. Management had lowered guidance earlier.
- 12/08/2022
|
Ciena stock jumps on top- and bottom-line beat
- Ciena Corp. CIEN, -2.46% stock surged 19.1% before market open Thursday, lifted by fourth-quarter results that beat Wall Street's top- and bottom-line expectations. Ciena reported net income of $57.6 million, or 39 cents a share, compared with net income of $103.5 million, or 66 cents a share, in the same period last year.
- 12/08/2022
|
Earnings Preview: What To Expect From Ciena On Thursday
- Earnings Preview: What To Expect From Ciena On Thursday. Here's a closer look.
- 12/07/2022
|
Earnings Previews: Ciena, Express, GameStop
- The three major U.S. equity indexes closed lower Monday. The Dow Jones industrials ended the day down by 1.4%, the S&P 500 closed 1.79% lower and the Nasdaq retreated 1.93%.
- 12/06/2022
|
Here's What to Expect Ahead of Ciena's (CIEN) Q4 Earnings
- Ciena's (CIEN) fiscal Q4 performance is likely to have been affected by global macro weakness and supply-chain troubles. Strong secular demand trends are likely to have provided some cushioning.
- 12/02/2022
|
Ciena (CIEN) Expands Portfolio With Tibit & Benu Acquisitions
- Ciena (CIEN) plans to acquire Tibit Communications to complement its existing portfolio and expand global footprint.
- 11/23/2022
|
Ciena Corporation: Enough Room To Grab 30.6% Potential Profit
- Ciena Corporation provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications. Ciena Corporation should grow due to six megatrends, a more favorable product and customer mix, and a strong balance sheet.
- 11/17/2022
|
Ciena Needs More Chips To Pull Out Of The Dip
- Supply issues have undermined Ciena's business, and those pressures likely continued through the fiscal fourth quarter. Ciena shares really need visibility on revenue reacceleration, and that's gated by supply availability - if management doesn't confirm meaningful improvement in component availability, estimates could head lower again.
- 11/16/2022
|
Will Facebook Spending Spree On Metaverse Boost Arista, Nvidia, Ciena?
- Facebook-parent Meta Platforms' spending spree to build the "metaverse" could provide upside for makers of advanced technology products. The post Will Facebook Spending Spree On Metaverse Boost Arista, Nvidia, Ciena?
- 10/27/2022
|
Ciena's (CIEN) Coherent Optical Technology Used by ESnet
- Ciena's (CIEN) Waveserver 5 powered by WaveLogic 5 Extreme leveraged by the U.S. DOE ESnet.
- 10/13/2022
|
Ciena's (CIEN) GeoMesh Extreme Powers C&W Networks' Upgrade
- Ciena's (CIEN) GeoMesh Extreme is being utilized by C&W Networks to meet increasing broadband and IP needs
- 09/27/2022
|
2 Beaten-Down Value Stocks That Could Crush the Market
- These companies are cheap and they have robust growth potential.
- 09/27/2022
|
Ciena's (CIEN) Packet Optical Solutions Utilized by Biznet
- Biznet will utilize Ciena's (CIEN) 6500 Packet Optical Platform, powered by WaveLogic coherent optics to expand its network across 180 cities in Indonesia.
- 09/16/2022
|
New Strong Sell Stocks for September 8th
- CIEN, CYH and ICUI have been added to the Zacks Rank #5 (Strong Sell) List on September 8, 2022.
- 09/08/2022
|
Ciena (CIEN) Q3 Earnings & Revenues Miss Estimates, Down Y/Y
- Ciena's (CIEN) Q3 revenues are affected by lingering supply chain issues.
- 09/02/2022
|
Ciena Corporation (CIEN) Q3 2022 Earnings Call Transcript
- Ciena Corporation (NYSE:CIEN ) Q3 2022 Results Conference Call September 1, 2022 8:30 AM ET Company Participants Gregg Lampf - Head, IR Gary Smith - CEO James Moylan - CFO Scott Alexander - SVP, Global Products & Services Conference Call Participants George Notter - Jefferies Meta Marshall - Morgan Stanley Paul Silverstein - Cowen & Company Simon Leopold - Raymond James Alex Henderson - Needham & Company Jim Suva - Citi Tim Long - Barclays Rod Hall - Goldman Sachs Amit Daryanani - Evercore Operator Good day, and thank you for standing by. Welcome to the Ciena Fiscal Third Quarter 2022 Financial Results Conference Call.
- 09/01/2022
|
Ciena Stock Eyes Worst Day Since March After Earnings
- The shares of Ciena Corporation (NYSE:CIEN) are down 6.1% at $47.66 this morning, following the company's fiscal third-quarter earnings report.
- 09/01/2022
|
Ciena (CIEN) Q3 Earnings and Revenues Miss Estimates
- Ciena (CIEN) delivered earnings and revenue surprises of -5.71% and 4.38%, respectively, for the quarter ended July 2022. Do the numbers hold clues to what lies ahead for the stock?
- 09/01/2022
|
Ciena stock tumbles after profit and sales miss expectations, with component supply issues expected to continue
- Shares of Ciena Corp. CIEN, -1.86% tumbled 11.3% in premarket trading Thursday, after the networking systems company missed fiscal third-quarter profit and sales, as component supply issues which hurt deliveries offset strong customer demand. Net income for the quarter to July 30 dropped to $10.5 million, or 7 cents a share, from $238.2 million, or $1.52 a share, in the year-ago period.
- 09/01/2022
|
Ciena to Webcast Financial Community Events
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) today announced its expected participation in the following upcoming events with the financial community. These events will be webcast live and recorded. Archived versions will be made available approximately 24 hours following the conclusion of the live event in the Events & Presentations page of the Investors section of Ciena's website. Citi's 2022 Global Technology Conference Wednesday, September 7, 2022 @ 1:45 p.m. Eastern T
- 08/30/2022
|
What to Expect Ahead of Ciena's (CIEN) Q3 Earnings Release?
- Ciena's (CIEN) fiscal third-quarter performance will likely benefit from a robust demand environment. However, supply chain troubles are likely to act as a major headwind.
- 08/29/2022
|
Ciena Announces Reporting Date and Web Broadcast for Fiscal Third Quarter 2022 Results
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal third quarter financial results on Thursday, September 1, 2022 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web
- 08/15/2022
|
New Strong Sell Stocks for August 1st
- BBY, CIEN, and FINW have been added to the Zacks Rank #5 (Strong Sell) List on August 1, 2022.
- 08/01/2022
|
Ciena's (CIEN) Optics Solutions Used by Brazil's Mob Telecom
- Ciena's (CIEN) Waveserver 5 platform, powered by WL5e coherent optics, is being deployed by Mob Telecom.
- 07/15/2022
|
Ciena Stock Giving Window of Opportunity
- Adaptive network solutions provider Ciena Corporation (NYSE: CIEN) stock has lost (-43%) in the 2022 bear market falling for 11 straight weeks
- 06/24/2022
|
Ciena's (CIEN) Solutions Used by MSAR to Boost Connectivity
- Ciena (CIEN) 6500, WL5e coherent optical solution and MCP domain controller are being used by MSAR to build the Digital Super Highway Network.
- 06/20/2022
|
Ciena's (CIEN) Optical Solutions Continue to Gain Traction
- Ciena's (CIEN) WaveLogic 5 Extreme (WL5e) coherent optical solution is being used by Media Commerce to provide high-bandwidth connectivity across Columbia.
- 06/16/2022
|
Down 36%, This Tech Stock Could Go on a Bull Run
- A massive backlog and healthy demand for its products could bring this company out of its slump.
- 06/09/2022
|
Two-minute drill: TJX, CIEN & ABBV
- Joanne Feeney, Advisors Capital Management partner and portfolio manager, joins ‘Closing Bell: Overtime' to discuss some of her top names for investors' portfolios in the current environment.
- 06/03/2022
|
Ciena (CIEN) Q2 Earnings Miss Estimates, Revenues Up Y/Y
- Ciena's (CIEN) Q2 revenues reflect gains from strong demand trends. However, widespread supply chain issues acted as a headwind
- 06/03/2022
|
Ciena Corporation's (CIEN) CEO Gary Smith on Q2 2022 Results - Earnings Call Transcript
- Ciena Corporation (NYSE:CIEN ) Q2 2022 Earnings Conference Call June 2, 2022 8:30 AM ET Company Participants Gregg Lampf - Vice President, Investor Relations Gary Smith - President and CEO Jim Moylan - Chief Financial Officer Scott McFeely - Senior Vice President, Global Product and Services Conference Call Participants Paul Silverstein - Cowen Amit Daryanani - Evercore ISI George Notter - Jefferies Fahad Najam - Loop Capital Tim Long - Barclays David Vogt - UBS Rod Hall - Goldman Sachs Tal Liani - Bank of America Simon Leopold - Raymond James Operator Good morning. My name is Rob, and I will be your conference operator today.
- 06/02/2022
|
Ciena (CIEN) Lags Q2 Earnings and Revenue Estimates
- Ciena (CIEN) delivered earnings and revenue surprises of -7.41% and 0.38%, respectively, for the quarter ended April 2022. Do the numbers hold clues to what lies ahead for the stock?
- 06/02/2022
|
Ciena Shares Drop On Q2 Miss; Clocks 14% Revenue Growth Aided By Order Flow, Backlog
- Ciena Corp (NYSE: CIEN) reported second-quarter FY22 revenue growth of 13.8% year-on-year to $949.2 million, missing the consensus of $950.8 million. Segments: Total Networking Platforms revenue rose by 15.3% Y/Y to $734.5 million, and Total Global Services increased 10.9% Y/Y.
- 06/02/2022
|
Ciena stock drops after earnings miss expectations as supply constraints offset strong demand
- Shares of Ciena Corp. CIEN, +1.04% slumped 3.6% in premarket trading Thursday, after the networking systems and services company reported fiscal second-quarter profit and revenue that missed expectations, amid "an increasingly challenging supply environment." Net income for the quarter to April 30 fell to $38.9 million, or 25 cents a share, from $103.1 million, or 66 cents a share, in the year-ago period.
- 06/02/2022
|
Earnings Preview: What To Expect From Ciena On Thursday
- Ciena Corporation is scheduled to report earnings before Thursday's open.
- 06/01/2022
|
Ciena to Webcast Financial Community Event
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) today announced its expected participation in the following upcoming event with the financial community. This event will be webcast live and recorded. Archived versions will be made available approximately 24 hours following the conclusion of the live event in the Events & Presentations page of the Investors section of Ciena's website. Bank of America Securities 2022 Global Technology Conference Tuesday, June 7, 2022 @ 11:45 a.m
- 05/31/2022
|
Ciena's (CIEN) Packet-Optical Solutions Adopted by GTS Telecom
- GTS Telecom will be able to provide steady high-bandwidth connectivity across Romania through Ciena's (CIEN) 6500 Packet-Optical solutions.
- 05/18/2022
|
Ciena Announces Reporting Date and Web Broadcast for Fiscal Second Quarter 2022 Results
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal second quarter financial results on Thursday, June 2, 2022 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broa
- 05/05/2022
|
3 Ways to Invest in 5G Growth
- Investors have several ways to invest in companies that have significant exposure to 5G, from service providers to equipment makers to materials specialists. These three stocks each represent unique ways to connect to the 5G revolution.
- 04/21/2022
|
Ciena's (CIEN) Waveserver Ai Platform Adopted by team.blue
- Leveraging the power of Ciena's (CIEN) Waveserver Ai platform, team.blue, will improve its cloud and network offerings, thereby delivering cutting-edge services to customers.
- 04/13/2022
|
Ciena Tripped Up On Supply Chain Challenges, But No Real Change To A Strong Multiyear Story
- Ciena posted double-digit revenue growth in its fiscal first quarter, but growth was capped by significant supply chain challenges.
- 04/01/2022
|
This Beaten-Down Tech Stock Could Explode in the Long Run
- A solid order backlog could help this networking stock regain its mojo.
- 03/24/2022
|
Ciena (CIEN) Matches Q1 Earnings Estimates, Misses on Revenues
- For second-quarter fiscal 2022, Ciena (CIEN) expects revenues in the range of $930-$970 million.
- 03/08/2022
|
Why Ciena Stock Got Slammed on Monday
- The tech company missed on Q1 revenue.
- 03/07/2022
|
Ciena Corporation (CIEN) CEO Gary Smith on Q1 2022 Results - Earnings Call Transcript
- Ciena Corporation (CIEN) CEO Gary Smith on Q1 2022 Results - Earnings Call Transcript
- 03/07/2022
|
7 Telecom Stocks to Buy for March
- One reason Telecom stocks like CFLD stock are attractive is because they are less susceptible to consumer spending trends than tech stocks. The post 7 Telecom Stocks to Buy for March appeared first on InvestorPlace.
- 03/07/2022
|
Ciena (CIEN) Matches Q1 Earnings Estimates
- Ciena (CIEN) delivered earnings and revenue surprises of 0% and 0.24%, respectively, for the quarter ended January 2022. Do the numbers hold clues to what lies ahead for the stock?
- 03/07/2022
|
Ciena (CIEN) to Report Q1 Earnings: What's in the Offing?
- Ciena's (CIEN) fiscal first-quarter performance will likely benefit from a robust demand environment. However, supply chain troubles are likely to act as a headwind.
- 03/02/2022
|
Earnings Preview: Ciena (CIEN) Q1 Earnings Expected to Decline
- 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.
- 02/28/2022
|
Jefferies ‘Strong Buy' Value Stocks Poised to Trade Much Higher in 2022
- In the past two years, investors have seen plenty of companies that made little or no money, burned through available cash and regularly posted disappointing numbers.
- 02/18/2022
|
JPMorgan Announces ‘Viable' Quantum Secure Blockchain Network
- JPMorgan Chase, Toshiba and telecom equipment company Ciena say they have demonstrated the “full viability” of a first-of-its-kind Quantum Key Distribution (QKD) network for metropolitan areas. The companies announced the test in a news release Thursday (Feb. 17), saying the network could resist quantum computing attacks and support 800 Gbps data rates for mission-critical applications […]
- 02/17/2022
|
JPMorgan, Toshiba, Ciena find new way to protect blockchain with quantum network
- A team of quantum computing engineers from JPMorgan Chase & Co, Toshiba Corp and Ciena Corp say they have successfully shown that a powerful, newly-developed encryption network can be used to protect communications on the blockchain, according to a paper published Thursday.
- 02/17/2022
|
Ciena Is In A Prime Position To Leverage Robust Data Infrastructure Spending
- Ciena's fiscal fourth quarter provided evidence of reacceleration, but guidance was the real star, as exceptionally strong order flow drove a sizable backlog expansion. The Huawei replacement opportunity should start translating into real business in '22, with opportunities across the board in India, Europe, and the U.S.
- 02/01/2022
|
7 Big Tech Stocks Likely to Outperform the Nasdaq in 2022
- These tech stocks are in rapidly growing sectors, generate strong profits and high revenue growth, and have reasonable valuations. The post 7 Big Tech Stocks Likely to Outperform the Nasdaq in 2022 appeared first on InvestorPlace.
- 01/27/2022
|
Ciena Delivering Positive Results More Than Expectations
- Ciena maintains its market leadership with a long-term goal of improving free cash flow and operating margin against its peers. Secured meaningful partnerships and acquisition that will drive top line growth.
- 01/25/2022
|
Ciena (CIEN) Optical Solutions Leveraged by India-Based Vi
- Ciena's (CIEN) coherent optical solutions are being used by India-based telecom operator???Vodafone Idea Limited.
- 01/14/2022
|
Ciena (CIEN) Deploys Solutions to Boost GBI's Submarine Network
- Ciena (CIEN) partners Gulf Bridge International to boost the latter's submarine network infrastructure with GeoMesh Extreme solution.
- 01/13/2022
|
The “Best of” 2021: Don't Scour Reddit for Your Next Profit Opportunity
- A year ago, Reddit investors seemed like the most important trend on Wall Street, but the actual important factors have remained the same. The post The “Best of” 2021: Don't Scour Reddit for Your Next Profit Opportunity appeared first on InvestorPlace.
- 01/04/2022
|
Best-Performing Stocks of the Top U.S. ETF of December
- iShares North American Tech-Multimedia Networking ETF (IGN) topped the list of best-performing U.S. equity ETFs in December, gaining about 13%.
- 12/30/2021
|
7 of the Best Tech Stocks for 2022 to Buy Now
- Here are seven stocks of the best tech stocks that should make perfect year-end gifts for investors The post 7 of the Best Tech Stocks for 2022 to Buy Now appeared first on InvestorPlace. More From InvestorPlace Stock Prodigy Who Found NIO at $2… Says Buy THIS Now Man Who Called Black Monday: “Prepare Now.
- 12/22/2021
|
After Strong Post-Earnings Jump, Ciena Corporation Stock Rally Could Fizzle Out
- Ciena Corporation stock (NYSE: CIEN) is up more than 20% in just one month (21 trading days), outperforming the S&P 500 which was up just a little under 1%. If you look at the change over the last five and ten days, too, the stock has returned 20% and 24%, beating the market on both occasions.
- 12/17/2021
|
This Explosive 5G Stock Is a Screaming Buy Right Now
- This networking company has stepped on the gas and is crushing Wall Street expectations.
- 12/15/2021
|
Is it too late to buy Ciena shares after a 16% post-earnings spike?
- On Monday, Ciena Corp (NYSE:CIEN) shares edged slightly lower, trimming last week's massive post-earnings gains. Ciena announced its most recent quarterly results Thursday before markets opened, sparking a 16% post-earnings rally in the stock price.
- 12/13/2021
|
Why Ciena Surged 20.1% Last Week
- The networking specialist is capitalizing on strong demand from telcos, cable companies, and cloud giants.
- 12/12/2021
|
Ciena: Even With The 5G Revolution, There Are Supply Chain Risks
- Ciena is a networking system, services, and software company. I believe that it is the right moment to carefully study the company's services for the 5G industry. Experts believe that 5G solutions could experience more than 58% sales growth.
- 12/12/2021
|
Ciena (CIEN) Misses Q4 Earnings Estimates, Beats on Revenues
- Ciena's (CIEN) fourth-quarter fiscal 2021 results reflect solid top-line expansion as a result of robust demand dynamics and new wins supported by strong order flow and liquidity position.
- 12/10/2021
|
Why Ciena Stock Blasted 16% Higher Today
- Investors were encouraged by the guidance that followed the networking specialist's latest earnings report.
- 12/09/2021
|
Ciena Corporation (CIEN) CEO Gary Smith on Q4 2021 Results - Earnings Call Transcript
- Ciena Corporation (CIEN) CEO Gary Smith on Q4 2021 Results - Earnings Call Transcript
- 12/09/2021
|
Ciena Stock (CIEN): Why The Price Jumped Today
- The stock price of Ciena Corporation (NYSE: CIEN) increased by over 14% during intraday trading. This is why it happened.
- 12/09/2021
|
Ciena (CIEN) Q4 Earnings Lag Estimates
- Ciena (CIEN) delivered earnings and revenue surprises of -1.16% and 0.97%, respectively, for the quarter ended October 2021. Do the numbers hold clues to what lies ahead for the stock?
- 12/09/2021
|
Ciena Clocks 26% Revenue Growth In Q4, Beats Consensus; Plans Share Buyback Up To $1B
- Ciena Corp (NYSE: CIEN) reported fourth-quarter FY21 revenue growth of 25.7% year-on-year to $1.04 billion, beating the consensus of $1.03 billion. Segments: Total Networking Platforms revenue rose by 30.5% Y/Y to $828.8 million, and Total Global Services increased 7.6% Y/Y to $126.8 million.
- 12/09/2021
|
Ciena stock slips after profit misses expectations as gross margin falls, while revenue tops forecasts
- Shares of Ciena Corp. CIEN, -1.22% slipped 0.3% in premarket trading Thursday, after the networking systems company reported fiscal fourth-quarter revenue that rose above expectations, but profit that came up shy as cost of goods growth outpaced the revenue increase. Net income rose to $103.5 million, or 66 cents a share, from $65.0 million, or 42 cents a share, in the year-ago period.
- 12/09/2021
|
Ciena's Earnings Outlook
- Ciena (NYSE:CIEN) is set to give its latest quarterly earnings report on Thursday, 2021-12-09. Here's what investors need to know before the announcement.
- 12/08/2021
|
Ciena (CIEN) Earnings Expected to Grow: Should You Buy?
- 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.
- 12/02/2021
|
Ciena (CIEN) Wins Network Deployment Deals From Multiple Telcos
- Ciena (CIEN) teams up with CityFibre and Telecom Egypt to augment their respective network capacities on the back of advanced optical technology.
- 11/26/2021
|
Ciena (CIEN) Gains From Focus on Core Optical Networking, Tie-Ups
- Accretive partnerships, higher demand for bandwidth, and focus on core optical networking solutions drive Ciena's (CIEN) momentum.
- 10/13/2021
|
German Consumers Believe a Fast and Reliable Internet Will Support a More Sustainable Lifestyle
- FRANKFURT, Germany--(BUSINESS WIRE)--A recent survey conducted by Ciena found that adults in Germany expressed high expectations for a faster and more reliable internet as well as 5G.
- 10/12/2021
|
Buy This Networking Stock on the Verge of Breaking Out
- This company's latest earnings results suggest that a turnaround is in progress.
- 09/14/2021
|
Digital Promise and Ciena Launch New Global Design Challenge
- WASHINGTON, Sept. 14, 2021 /PRNewswire/ -- Digital Promise and Ciena (NYSE:CIEN) are excited to announce the launch of the Ciena Solutions Challenge , a new global design challenge where educators around the world can submit student-led projects for funding and exhibition.
- 09/14/2021
|
Ciena Struggling A Bit With Capped Near-Term Upside And Competitive Worries
- Ciena saw sequential acceleration in service provider and hyperscale enterprise demand, as well as better margins, but component/supply chain challenges are capping near-term revenue potential. Management sounds more bullish on the Huawei substitution opportunity and the 800G upgrade cycle, but component supply has to improve and there will be competition from coherent pluggables in hyperscale.
- 09/13/2021
|
Ciena (CIEN) Beats Q3 Earnings Estimates on Record Revenues
- Ciena's (CIEN) third-quarter fiscal 2021 results reflect a combination of its increasingly differentiated position in the marketplace and a strong demand environment.
- 09/03/2021
|
Ciena Corporation (CIEN) CEO Gary Smith on Q2 2021 Fiscal Results - Earnings Call Transcript
- Ciena Corporation (CIEN) CEO Gary Smith on Q2 2021 Fiscal Results - Earnings Call Transcript
- 09/02/2021
|
Ciena (CIEN) Q3 Earnings and Revenues Beat Estimates
- Ciena (CIEN) delivered earnings and revenue surprises of 16.46% and 2.02%, respectively, for the quarter ended July 2021. Do the numbers hold clues to what lies ahead for the stock?
- 09/02/2021
|
Ciena Shares Pop After Q3 Earnings Beat, AT&T's Vyatta Acquisition
- Networking company Ciena Corp (NYSE: CIEN) reported third-quarter FY21 revenue growth of 1.2% year-on-year to $988.1 million, beating the analyst consensus of $971.6 million. Segments: Total Networking Platforms revenue declined 2.5% Y/Y to $782.6 million, and Total Global Services increased 13.1% Y/Y to $132 million.
- 09/02/2021
|
Ciena climbs in premarket after surprise revenue rise
- Shares of Ciena Corp. CIEN, -0.44% charged up 5.8% in premarket trading Thursday, after the optical networking company reported fiscal third-quarter profit that beat expectations and a surprise growth in revenue, and provided an upbeat outlook citing a robust demand environment. Net income for the quarter to July 31 rose to $238.2 million, or $1.52 a share, from $142.3 million, or 91 cents a share, in the year-ago period.
- 09/02/2021
|
Ciena Expands Edge and 5G Capabilities with Acquisition of Vyatta Routing and Switching Technology from AT&T
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation has entered into a definitive agreement with AT&T to acquire its Vyatta virtual routing and switching technology.
- 09/02/2021
|
Ciena Reports Fiscal Third Quarter 2021 Financial Results
- HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, announced financial results for its fiscal third quarter ended July 31, 2021.
- 09/02/2021
|
Ciena's Earnings: A Preview
- CIEN is set to give its latest quarterly earnings report on Thursday , 2021-09-02. Here's what investors need to know before the announcement.
- 09/01/2021
|
Ciena to Webcast Financial Community Events
- HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation today announced its expected participation in the following upcoming events with the financial community.
- 08/31/2021
|
Analysts Estimate Ciena (CIEN) to Report a Decline in Earnings: What to Look Out for
- 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.
- 08/26/2021
|
Ciena (CIEN) to Boost Djibouti Telecom's Network Capacity
- Ciena's (CIEN) GeoMesh Extreme submarine network solution uses the 6500 Packet-Optical Platform powered by the WaveLogic family.
- 08/24/2021
|
7 Coronavirus Stocks to Buy as the Delta Variant Rises
- Investors should be more selective in uncertain times. These coronavirus stocks are fundamentally strong enough to rebound after another potential pullback.
- 08/05/2021
|
5 Stocks to Watch Amid the Continued 5G Boom
- 5G deployment is making steady progress and investors should keep a close watch on Skyworks Solutions (SWKS), Broadcom (AVGO), American Tower (AMT), Qualcomm (QCOM) and Ciena (CIEN).
- 07/29/2021
|
Ciena Offers Attractive Upside Ahead Of A Reacceleration In Network Spending
- 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.
- 07/22/2021
|
Ciena (CIEN) WaveLogic Ai to Revamp Lumea Telco Infrastructure
- 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.
- 07/07/2021
|
Ciena (CIEN) to Power Rural Connectivity of AccessOn Networks
- Ciena's (CIEN) networking solutions will enable AccessOn to better manage bandwidth-intensive applications, drive innovation and expand services in remote areas.
- 06/15/2021
|
Why Ciena Is Still A Stock To Hold
- Ciena returned more than double that of the S&P 500 since Nov. 2020. Strong quarterly results lifted the stock recently.
- 06/10/2021
|
Buy This Hot Networking Stock Before It Soars Higher
- A recovery in network spending has triggered a turnaround at this company and supercharged its shares.
- 06/08/2021
|
Ciena (CIEN) Q2 Earnings Beat Estimates, Revenues Fall Y/Y
- Ciena's (CIEN) second-quarter fiscal 2021 results reflect a year-over-year decline in product sales due to the pandemic.
- 06/04/2021
|
Ciena (CIEN) Moves 7.3% Higher: Will This Strength Last?
- 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.
- 06/04/2021
|
Ciena Corporation (CIEN) CEO Gary Smith on Q2 2021 Results - Earnings Call Transcript
- Ciena Corporation (CIEN) CEO Gary Smith on Q2 2021 Results - Earnings Call Transcript
- 06/03/2021
|
Earnings Hits and Misses: Ciena, Express, NetApp, Splunk
- After markets closed Wednesday and before they opened Thursday morning, Ciena, Express, NetApp and Splunk all reported quarterly results.
- 06/03/2021
|
Ciena Stock Gets a Jolt After Earnings Beat
- 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.
- 06/03/2021
|
Ciena Stock Gains on Q2 Earnings Beat, Expanding Gross Margins
- 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.
- 06/03/2021
|
Ciena's stock rallies after profit, revenue beats
- 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.
- 06/03/2021
|
Earnings Preview: Ciena, Express, NetApp, Splunk
- 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.
- 06/01/2021
|
Earnings Preview: Ciena (CIEN) Q2 Earnings Expected to Decline
- 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.
- 05/27/2021
|
Ciena (CIEN) Solutions to Boost Openreach Network Connectivity
- 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.
- 05/26/2021
|
Ciena (CIEN) Arm's Automation Software Boosts Neos Networks
- 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.
- 05/19/2021
|
Aqua Comms, Telia Carrier and Ciena Successfully Trial New 400GbE POP to POP Trans-Atlantic Service
- 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
- 05/12/2021
|
A Trio of Low Price-Sales Ratio Stocks
- Value investors may want to consider the stocks listed below, as they have low price-sales ratios, good profitability and stable financial situations.
- 04/28/2021
|
Ciena (CIEN), Colt Finalize 600G Wavelength Live Network Trial
- 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.
- 03/30/2021
|
Ciena (CIEN) Enhances Zayo's Network Capacity Across Europe
- The deployment of Ciena's (CIEN) WaveLogic 5 Extreme technology enables Zayo to support its customers by providing greater optical network capacity.
- 03/26/2021
|
4 5G Stocks to Buy
- 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.
- 03/25/2021
|
Zayo Deploys Ciena's WaveLogic™ 5 Extreme Technology Enabling Up To 400G Wavelength Services Across Its Pan European Network
- 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, providing increased optical network capacity and reach between these key markets. By leveraging Ciena's WL5e technology, Zayo is able to deliver multi-terabit capacity across its Pan-European network, enabling higher transmission rates, reduced cost per bit and optimized network performance. “This
- 03/25/2021
|
Ciena (CIEN) Spurs Trans-Atlantic Channels With Aqua Comms Tie-Up
- 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.
- 03/24/2021
|
Why You Should Be Buying This Top Networking Play
- This networking company is turning around and trades at an attractive valuation after the recent sell-off.
- 03/15/2021
|
Ciena (CIEN) Beats on Q1 Earnings Despite Revenue Contraction
- Despite soft revenues owing to the virus outbreak, Ciena (CIEN) beats first-quarter fiscal 2021 earnings estimates.
- 03/05/2021
|
Ciena Corporation (CIEN) CEO Gary Smith on Q1 2021 Results - Earnings Call Transcript
- Ciena Corporation (CIEN) CEO Gary Smith on Q1 2021 Results - Earnings Call Transcript
- 03/04/2021
|
Ciena (CIEN) Q1 Earnings and Revenues Beat Estimates
- 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?
- 03/04/2021
|
Ciena Stock Gains As Optical Network Gear Maker's Earnings Top Views
- 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.
- 03/04/2021
|
Ciena Stock Slips As Optical Network Gear Maker's Earnings Top Views
- 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 Maker's Earnings Top Views appeared first on Investor's Business Daily.
- 03/04/2021
|
Ciena tops profit, revenue expectations but stock drops toward 3-month low
- Ciena Corp. reported Thursday fiscal first-quarter profit and revenue that beat expectations, with networking revenue falling less than forecast, while the company did not provide financial guidance. The optical networking company's stock 2.9% toward a three-month low in premarket trading.
- 03/04/2021
|
Ciena Reports Fiscal First Quarter 2021 Financial Results
- HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation, a networking systems, services and software company, announced financial results for its fiscal first quarter.
- 03/04/2021
|
Is a Surprise Coming for Ciena (CIEN) This Earnings Season?
- Ciena (CIEN) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 03/03/2021
|
Should Value Investors Consider Ciena (CIEN) Stock Now?
- Let's see if Ciena (CIEN) stock is a good choice for value-oriented investors right now from multiple angles.
- 02/23/2021
|
Xiber Deploys Ciena's Adaptive IP Solution to Virtualize Network for Leading Retail Chain
- 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 states in the Midwestern region of the United States. Leveraging Ciena's Adaptive IP™ solution, Xiber will provide enhanced IP and network security at various retail locations as well as faster and more reliable internet connectivity for store employees and shoppers. Key Facts: Virtualizing the netwo
- 02/10/2021
|
Southern Cross Cable Selects Ciena For 13,494 KM Submarine Cable
- 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 km Southern Cross NEXT submarine cable in the Pacific. The arrangement will enable Southern Cross to tackle the budding demand for bandwidth, support the resiliency, reconfigurability, and fast activation requirements triggered by the pandemic induced work from home and remote digital necessities.
- 02/08/2021
|
3 Fiber Optics Stocks Equipped for a 5G World
- In addition to their positive 5G catalyst, these fiber optics stocks should get boosts from multiple other trends. The post 3 Fiber Optics Stocks Equipped for a 5G World appeared first on InvestorPlace.
- 01/30/2021
|
Ciena Upgraded For Potential Recovery in Spending, Robust Global Bandwidth Demand
- Although Ciena Corporation's (NYSE: CIEN) performance may be weak in the first half of the year, its long-term opportunity remains promising, according to BofA Securities. The Ciena Analyst: Tal Lian upgraded the rating for Ciena from Neutral to Buy, while raising the price target from $49 to $65.
- 01/21/2021
|
Ciena (CIEN) Spurs Network Transformation With Several Alliances
- Ciena (CIEN) teams up with TekSavvy, Consolidated Communications (CNSL) and Lightstorm Telecom Ventures to propel network transformation with enhanced capacity on the back of innovative services.
- 01/15/2021
|
7 5G Stocks to Buy As Security Concerns Dominate Tech Decisions
- Investors want to know which 5G stocks to buy for many reasons including security concerns. Read on for the best bets.
- 01/11/2021
|
Ciena (CIEN) Up 14.8% Since Last Earnings Report: Can It Continue?
- Ciena (CIEN) reported earnings 30 days ago. What's next for the stock?
- 01/09/2021
|
Why Investors Need to Look Past Ciena's Near-Term Troubles
- The networking specialist's problems shouldn't last for long.
- 12/23/2020
|
5 Top Stock Trades for Friday: SNAP, TWTR, PLAY, LMND, CIEN
- Lemonade, Twitter, Snap, Dave & Buster's and Ciena were our top stock trades for Friday. With that in mind, let's have a look at the charts.
- 12/10/2020
|
Ciena Corporation (CIEN) CEO Gary Smith on Q4 2020 Results - Earnings Call Transcript
- Seeking Alpha Transcripts | Technology Ciena Corporation (CIEN) CEO Gary Smith on Q4 2020 Results - Earnings Call Transcript Dec. 10, 2020 3:32 PM ET | | About: Ciena Corporation (CIEN) by: SA Transcripts Subscribers Only Earning Call Audio Ciena Corporation (NYSE:CIEN) Q4 2020 Earnings Conference Call December 10, 2020 8:30 AM ET Company Participants Gregg Lampf - Vice President of Investor Relations Gary Smith - President and Chief Executive Officer
- 12/10/2020
|
Ciena stock slips after profit falls short
- Shares of Ciena Corp. are off about 7% in premarket trading Thursday after the networking company reported a lower fiscal fourth-quarter profit than anticipated. The company reported net income of $65 million, or 42 cents a share, down from $80.3 million, or 51 cents a share, in the year-earlier quarter.
- 12/10/2020
|
Ciena: Q4 Earnings Insights
- Shares of Ciena (NYSE:CIEN) decreased 4% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 3.45% year over year to $0.60, which missed the estimate of $0.63.
- 12/10/2020
|
Options Bears Chime in on CIEN Ahead of Earnings
- Tech stock Ciena Corporation (NYSE:CIEN) is 3% lower at $46.85 today, ahead its fiscal fourth-quarter earnings report, due out before the open tomorrow.
- 12/09/2020
|
A Preview Of Ciena's Earnings
- Ciena (NYSE:CIEN) announces its next round of earnings this Thursday, December 10. Here is Benzinga's look at Ciena's Q4 earnings report.
- 12/09/2020
|
Ciena Looks Attractive After A 30% Correction
- Ciena Corporation stock, best known for its network hardware, software, and services, has more room for growth in the near term. CIEN stock has rallied just 26% off the recent bottom significantly underperforming the S&P which moved 60% since its March lows, with the resumption of economic.
- 11/25/2020
|
Ciena (CIEN) Gains But Lags Market: What You Should Know
- In the latest trading session, Ciena (CIEN) closed at $43.99, marking a +1.45% move from the previous day.
- 11/24/2020
|
Etisalat Takes Major Leap Toward an Autonomous Network with Blue Planet
- DUBAI, United Arab Emirates & HANOVER, Md.--(BUSINESS WIRE)--Etisalat, one of the leading telecommunications operators in emerging markets recognized by Ookla® Speedtest® as the world's fastest mobile network provider, has deployed the first end-to-end multi-vendor DWDM Transport network orchestration in the Europe, Middle East and Africa (EMEA) region with software from Blue Planet, a division of Ciena (NYSE: CIEN), forging a path to create one of the world's most adaptive and self-optimising
- 11/23/2020
|
Ciena Stock Looks Attractive Compared To Corning
- Ciena Corporation (NYSE: CIEN), best known for its network hardware, software, and services, trades at about 1.8x trailing Revenues, compared to 2.4x for Corning (NYSE: GLW), which manufactures glass products and optical fiber, among other products. Does this difference in valuation make sense?
- 11/23/2020
|
Why Ciena Is A Good Buy From Here
- Ciena posted strong quarterly results but warned on revenue weakness. Valuations are compelling at these levels.
- 11/15/2020
|
Ciena (CIEN) Gains As Market Dips: What You Should Know
- In the latest trading session, Ciena (CIEN) closed at $43.12, marking a +0.58% move from the previous day.
- 11/10/2020
|
3 Top Tech Stocks to Buy Right Now
- These three tech stocks are solid investments at nearly any price, and two of them are also on sale right now.
- 11/06/2020
|
Windstream Selects Ciena for Next-Gen Fiber-to-the-Tower Modernization Effort
- LITTLE ROCK, Ark. & HANOVER, Md.--(BUSINESS WIRE)--Windstream, a leading provider of advanced network communications, has selected Ciena (NYSE:CIEN) to modernize its Fiber-to-the-Tower (FTTT) infrastructure. Leveraging Ciena's solutions, this upgrade will enable Windstream to rapidly scale bandwidth for wireless backhaul services while also expanding its wholesale product service offerings. Key Facts: As wireless providers are beginning to order 10G ports at the towers and 100G handoffs at the
- 10/28/2020
|
Ciena Corporation: Why This 5G Stock Could Deliver Big Returns
- For investors searching for the best 5G stocks, Ciena Corporation (NYSE:CIEN) deserves a serious look. Here's why.
- 10/22/2020
|
Now Is the Time to Go All-In on These 3 Breakout Stocks | The Motley Fool
- These three transformative stocks can build a diversified portfolio in an instant.
- 10/20/2020
|
Ciena Partners with Verizon Innovative Learning to Bring Distance Learning Resources to Students
- Ciena is partnering with Verizon Innovative Learning to bring distance learning resources to students in Baltimore and San Jose.
- 10/20/2020
|
第2回グローバル・オーラン・アライアンス・プラグフェストがマルチベンダーO-RAN準拠ネットワーク・インフラストラクチャーの準備状況が加速したことを立証
- （ビジネスワイヤ） -- オーラン・アライアンスは第2回世界プラグフェストの開催と概念実証を成功させ、O-RANベースのネットワーク機器の機能性とマルチベンダー相互運用性を立証しました。世界の4つの会場に合計55社が集まり、O-RANエコシステムの機能面、相互運用面、性能面の課題に取り組みました。テ
- 10/19/2020
|
Ciena Co. (NYSE:CIEN) Shares Purchased by Assenagon Asset Management S.A.
- Assenagon Asset Management S.A. increased its position in shares of Ciena Co. (NYSE:CIEN) by 7.3% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 19,776 shares of the communications equipment provider’s stock after purchasing an additional 1,351 shares during the quarter. Assenagon Asset Management S.A.’s […]
- 10/18/2020
|
$0.63 Earnings Per Share Expected for Ciena Co. (NYSE:CIEN) This Quarter
- Brokerages expect that Ciena Co. (NYSE:CIEN) will post earnings per share of $0.63 for the current quarter, according to Zacks. Six analysts have made estimates for Ciena’s earnings, with estimates ranging from $0.60 to $0.68. Ciena posted earnings of $0.58 per share during the same quarter last year, which suggests a positive year-over-year growth rate […]
- 10/16/2020
|
Segundo O-RAN ALLIANCE Plugfest Global demonstra a prontidão acelerada da infraestrutura de rede compatível com O-RAN de vários fornecedores
- A O-RAN ALLIANCE conduziu com sucesso seu segundo plugfest mundial e prova de conceito para demonstrar a funcionalidade, bem como a interoperabilidade
- 10/16/2020
|
Here are five stocks to own for the 5G network buildout
- Apple is making 5G phones, underscoring expectations for a vast increase in broadband demand.
- 10/14/2020
|
Fiber Optic Transmitter Market 2020 Global Industry Analysis, Based on Growth, Key Players, Share, Revenue, Trends, Company Size, Opportunities, and Regional Forecast to 2025 | COVID-19 Impact on Industry
- Oct 07, 2020 (The Expresswire) --
Global “Fiber Optic Transmitter Market” report gives a historical overview of the Fiber Optic Transmitter market trends,...
- 10/07/2020
|
Ciena : Vodafone NZ upgrades international submarine network technology - Ciena | MarketScreener
|
II-VI Seeing Expanding Opportunities And Shrinking Valuations On Optical Sector Worries (NASDAQ:IIVI)
- II-VI shares have been weak despite a respectable FYQ4 and guidance, with investors increasingly worried about near-term trends in metro optical and high-end data center deployments.
- 09/23/2020
|
Cramer's lightning round: Caesars Entertainment 'made a miraculous run back'
- "Mad Money" host Jim Cramer rings the lightning round bell, which means he's giving his answers to callers' stock questions at rapid speed.
- 09/21/2020
|
AdvisorNet Financial Inc Increases Stock Holdings in Ciena Co. (NYSE:CIEN)
- AdvisorNet Financial Inc raised its position in shares of Ciena Co. (NYSE:CIEN) by 363.8% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 1,855 shares of the communications equipment provider’s stock after purchasing an additional 1,455 shares during the quarter. AdvisorNet Financial Inc’s holdings […]
- 09/21/2020
|
AdvisorNet Financial Inc Purchases 1,455 Shares of Ciena Co. (NYSE:CIEN)
- AdvisorNet Financial Inc lifted its position in Ciena Co. (NYSE:CIEN) by 363.8% during the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,855 shares of the communications equipment provider’s stock after purchasing an additional 1,455 shares during the quarter. AdvisorNet Financial Inc’s holdings in […]
- 09/21/2020
|
Ciena Co. (NYSE:CIEN) SVP Sells $107,500.00 in Stock
- Ciena Co. (NYSE:CIEN) SVP Stephen B. Alexander sold 2,500 shares of the firm’s stock in a transaction dated Tuesday, September 15th. The stock was sold at an average price of $43.00, for a total value of $107,500.00. The sale was disclosed in a filing with the SEC, which is accessible through this link. Stephen B. […]
- 09/19/2020
|
Baird Financial Group Inc. Has $523,000 Position in Ciena Co. (NYSE:CIEN)
- Baird Financial Group Inc. increased its position in Ciena Co. (NYSE:CIEN) by 10.4% during the second quarter, HoldingsChannel reports. The institutional investor owned 12,254 shares of the communications equipment provider’s stock after acquiring an additional 1,158 shares during the period. Baird Financial Group Inc.’s holdings in Ciena were worth $523,000 as of its most recent […]
- 09/19/2020
|
Consequences Of Ciena For The Work-From-Home Trade (NYSE:CIEN)
- Ciena posted strong earnings growth, but guidance and comments at the earnings call caused the stock to lose all its YTD gains.
- 09/16/2020
|
Telefónica Deutschland nutzt Blue Planet für den Aufbau eines automatisierten Netzes
- Telefónica Deutschland, ein führender integrierter Telekommunikationsanbieter, hat sich für den Aufbau eines Netzes in Deutschland für Software von Bl
- 09/16/2020
|
Infinera: 800G Around The Corner Presents Potential Buying Opportunity
- The 800G supercycle is right around the corner and although network capex is currently depressed due to COVID, this cyclicality in the optical market will pass.
- 09/15/2020
|
Advisor Group Holdings Inc. Acquires 10,603 Shares of Ciena Co. (NYSE:CIEN)
- Advisor Group Holdings Inc. lifted its holdings in Ciena Co. (NYSE:CIEN) by 21.6% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 59,703 shares of the communications equipment provider’s stock after buying an additional 10,603 shares during the quarter. Advisor Group Holdings Inc.’s holdings in […]
- 09/14/2020
|
Ciena: Best-Positioned To Ride The Longer-Term Optical Growth Story
- Telco weakness weighs on the top-line in Q3, along with the Q4 guidance. But Ciena remains in pole position for 800G and looks set to gain share from Huawei longer term.
- 09/11/2020
|
Tech world on alert after Ciena (CIEN) gives cautious outlook amid order woes | AlphaStreet
- In what could be a wake-up call to the technology sector, which has been resilient to the COVID crisis so far, network equipment maker Ciena Corp. (NYSE: CIEN) last week said its business would be affected by faltering orders --- as customers tighten their budgets to preserve liquidity, concerned about the deepening uncertainty.
- 09/10/2020
|
Ciena's Gloomy Outlook Casts a Dark Cloud Over Infinera Stock | The Motley Fool
- But the two companies provided very different outlooks for the current quarter.
- 09/08/2020
|
Ciena's Optical Business Takes A Poke To The Eye From Service Providers
- Ciena posted a more or less in-line quarter with a better gross margin mix, but lowered guidance significantly on much weaker near-term service provider capex spending.
- 09/04/2020
|
Coronavirus update: Global tally climbs above 26 million, U.S. above 6.1 million, amid concerns CDC will rush out a vaccine
- The global tally for confirmed cases of the coronavirus that causes COVID-19 climbed above 26 million on Thursday, while in the U.S. there were growing...
- 09/04/2020
|
Ciena Corp. (CIEN) Q3 2020 Earnings Call Transcript | AlphaStreet
- Ciena Corp. (NYSE: CIEN) Q3 2020 earnings call dated Sep. 03, 2020 Corporate Participants: Gregg Lampf -- Vice President, Investor Relations Gary B. Smith
- 09/03/2020
|
Ciena’s Cautious Guidance Spreads Across Telecom Hardware Sector
- Ciena’s disappointing October-quarter revenue guidance reflects a pullback in spending by telecommunications carriers—one that didn’t show up in other recent earnings reports.
- 09/03/2020
|
Ciena Corporation (CIEN) CEO Gary Smith on Q3 2020 Results - Earnings Call Transcript
- Ciena Corporation (NYSE:CIEN) Q3 2020 Earnings Conference Call September 03, 2020 08:30 A.M. ET Company Participants Gregg Lampf - VP, IR Gary B.
- 09/03/2020
|
Ciena Corporation 2020 Q3 - Results - Earnings Call Presentation
- The following slide deck was published by Ciena Corporation in conjunction with their 2020 Q3 earnings call.
- 09/03/2020
|
Keybank National Association OH Increases Position in Ciena Co. (NYSE:CIEN)
- Keybank National Association OH grew its stake in Ciena Co. (NYSE:CIEN) by 1.8% in the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 10,284 shares of the communications equipment provider’s stock after buying an additional 177 shares during the period. Keybank National […]
- 08/27/2020
|
PNC Financial Services Group Inc. Grows Stake in Ciena Co. (NYSE:CIEN)
- PNC Financial Services Group Inc. increased its holdings in Ciena Co. (NYSE:CIEN) by 287.8% during the second quarter, HoldingsChannel reports. The institutional investor owned 115,141 shares of the communications equipment provider’s stock after acquiring an additional 85,451 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Ciena were worth $6,236,000 at the end […]
- 08/23/2020
|
Ciena (CIEN) Stock Sinks As Market Gains: What You Should Know
- In the latest trading session, Ciena (CIEN) closed at $59.08, marking a -0.62% move from the previous day.
- 08/18/2020
|
Charting a pulling-teeth breakout attempt: S&P 500, Nasdaq challenge record territory
- Technically speaking, the S&P 500 and Nasdaq Composite have registered nominal record highs this week, though a pulling-teeth breakout attempt remains...
- 08/18/2020
|
3 Top Stocks That Aren't On Wall Street's Radar
- With that as the backdrop, here's a closer look at Jack Henry & Associates (NASDAQ: JKHY), Generac Holdings (NYSE: GNRC), and Ciena (NYSE: CIEN) -- three prospective purchases that aren't on Wall Street's radar but that have the right stuff for potential investment all the same. It's an arena that includes higher-profile players like Visa, ServiceNow, and DocuSign, just to name a few.
- 08/18/2020
|
Ciena Corporation: Top 5G Stock Up 100% Since March, Remains Bullish
- Ciena Corporation (NYSE:CIEN) is a 5G company that helps supercharge the Internet and mobile communications. It also supercharges investor portfolios. It has a strong balance sheet, delivers strong revenue and profitability and has a massive global footprint.
- 08/14/2020
|
Ciena Announces Reporting Date and Web Broadcast for Fiscal Third Quarter Results
- HANOVER, Md. – August 13, 2020 – Ciena® Corporation expects to announce its fiscal third quarter financial results on Thursday, September 3, 2020.
- 08/13/2020
|
Ciena (CIEN) Gains But Lags Market: What You Should Know
- Ciena (CIEN) closed at $60.55 in the latest trading session, marking a +0.63% move from the prior day.
- 08/12/2020
|
Ciena to Support Nationwide Optical Network With Windstream
- Ciena (CIEN) partners with Windstream for the deployment of National Converged Optical Network to augment network capacity, while addressing burgeoning connectivity demands.
- 08/11/2020
|
Windstream taps Ciena for converged, next-gen optical network
- As Windstream prepares to emerge from Chapter 11 bankrtupcy, it announced plans for a new, converged optical network spanning the U.S. Windstream will build out its National Converged Optical Netwo…
- 08/10/2020
|
Windstream Selects Ciena for Next-Generation National Converged Optical Network
- Windstream will build its next-generation National Converged Optical Network with Ciena's coherent optical and intelligent software platforms.
- 08/10/2020
|
Windstream Selects Ciena for Next-Generation National Converged Optical Network
- Windstream will build its next-generation National Converged Optical Network with Ciena's coherent optical and intelligent software platforms.
- 08/10/2020
|
The 7 Best 5G Stocks to Buy Now
- 5G stocks are bound to be even hotter soon, as the technology is getting to critical mass. These companies will lead the megatrend.
- 08/07/2020
|
Ciena (CIEN) Outpaces Stock Market Gains: What You Should Know
- In the latest trading session, Ciena (CIEN) closed at $60.95, marking a +1.72% move from the previous day.
- 08/06/2020
|
How Much Is Ciena Corporation (NYSE:CIEN) Paying Its CEO?
- This article will reflect on the compensation paid to Gary Smith who has served as CEO of Ciena Corporation...
- 08/06/2020
|
Global & Regional Optical Networking Equipment Market for 5G 2020-2029 - ResearchAndMarkets.com
|
Alianza entre SYNNEX Westcon-Comstor y Ciena | Computerworld Colombia
- Con el ánimo de suministrar a mercados verticales – como los de servicios financieros, gobierno, servicios públicos y educación – soluciones escalables y
- 08/05/2020
|
Has Ciena (CIEN) Outpaced Other Computer and Technology Stocks This Year?
- Is (CIEN) Outperforming Other Computer and Technology Stocks This Year?
- 08/05/2020
|
Charting a solid August start: S&P 500, Nasdaq stage latest summer breakouts
- Technically speaking, the U.S. benchmarks’ bigger-picture backdrop remains bullish amid a solid August start, writes Michael Ashbaugh.
- 08/04/2020
|
Why the Earnings Surprise Streak Could Continue for Ciena (CIEN)
- Ciena (CIEN) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
- 08/04/2020
|
7 Tech Stocks to Buy for the Next Round of Smartphones
- As the deployment of 5G networks increases, these tech stock are likely to see a benefit in the coming months. Keep an eye on them.
- 08/03/2020
|
First Quadrant L P CA Cuts Position in Ciena Co. (NYSE:CIEN)
- First Quadrant L P CA lessened its stake in Ciena Co. (NYSE:CIEN) by 45.5% in the second quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 8,932 shares of the communications equipment provider’s stock after selling 7,461 shares during the quarter. First Quadrant L P CA’s […]
- 08/01/2020
|
Ciena (CIEN) Dips More Than Broader Markets: What You Should Know
- Ciena (CIEN) closed the most recent trading day at $59.11, moving -0.57% from the previous trading session.
- 07/30/2020
|
Charting a (bullish) holding pattern, S&P 500 digests break to 5-month highs
- The major U.S. benchmarks are acting well technically, though amid increasingly sideways late-July price action, writes Michael Ashbaugh.
- 07/28/2020
|
2 Top 5G Stocks You Should Be Buying Right Now
- The deployment of 5G networks is still in the early phases, and a lot of money remains to be spent on the latest wireless technology as telecom carriers roll it out to more markets across the world. Ciena (NYSE: CIEN) and NVIDIA (NASDAQ: NVDA) are two ways investors can take advantage of that massive spurt in infrastructure spending. Both companies provide technologies that are critical to the efficient functioning of 5G networks.
- 07/28/2020
|
Ciena Breaks Out
- Ciena breaks out of a consolidation with a buy point a little above 57. Tried to break out on July 6, faltered, found support at 50-day and moved higher. Earnings growth/estimates strong. Revenue gains small. Growing Huawei bans/curbs good news for Ciena.
- 07/27/2020
|
Ciena (NYSE:CIEN) Coverage Initiated at Wolfe Research
- Wolfe Research assumed coverage on shares of Ciena (NYSE:CIEN) in a research report sent to investors on Friday, The Fly reports. The firm issued an outperform rating on the communications equipment provider’s stock. A number of other analysts have also recently commented on CIEN. Morgan Stanley lifted their price target on Ciena from $47.00 to […]
- 07/27/2020
|
4 Underappreciated Tech Stocks to Buy Now Before They Rise | InvestorPlace
- Tech stocks are highly valued, and have provided high returns of late. Yet, there are underappreciated shares to uncover. Click for more.
- 07/22/2020
|
Ciena (CIEN) to Power Spark's New Optical Transport Network
- With Ciena's (CIEN) WaveLogic 5, advanced network automation and intelligent restoration capabilities, Spark will be able to boost 5G and IoT services.
- 07/22/2020
|
Ciena Co. (NYSE:CIEN) VP Andrew C. Petrik Sells 1,000 Shares
- Ciena Co. (NYSE:CIEN) VP Andrew C. Petrik sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, July 20th. The stock was sold at an average price of $54.62, for a total value of $54,620.00. The transaction was disclosed in a legal filing with the SEC, which is available at this […]
- 07/22/2020
|
Charting a bull-flag breakout, S&P 500 extends rally as volatility recedes
- Technically speaking, the U.S. benchmarks’ bigger-picture backdrop remains bullish, and continues to strengthen, amid recently receding volatility, writes...
- 07/21/2020
|
Could Verizon Light a Fire Under Infinera’s 800G Business? | The Motley Fool
- The optical solutions provider could gain a big fiber customer -- but investors shouldn’t overestimate the scope of the deal.
- 07/21/2020
|
Spark Starts Roll out of New Faster, ‘Self Healing’ Network Technology
- Spark starts roll out of new faster, ‘self healing’ network technology with Ciena
- 07/21/2020
|
Why Infinera Stock Popped Today | The Motley Fool
- The optical networking provider may score a win at Verizon.
- 07/20/2020
|
Who disaggregated my RAN? Part 8: Orchestrating the Open RAN symphony (Reader Forum)
- We left off in our series having looked at the virtualized and cloud-based open RAN. Now we move on to consider the orchestration part, deploying and managing these cloud-based implementations. O…
- 07/20/2020
|
Ciena Co. (NYSE:CIEN) Stock Holdings Reduced by Gateway Investment Advisers LLC
- Gateway Investment Advisers LLC cut its position in shares of Ciena Co. (NYSE:CIEN) by 42.7% in the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 14,857 shares of the communications equipment provider’s stock after selling 11,066 shares during the period. Gateway Investment Advisers […]
- 07/19/2020
|
Insider Selling: Ciena Co. (NYSE:CIEN) VP Sells 2,500 Shares of Stock
- Ciena Co. (NYSE:CIEN) VP David M. Rothenstein sold 2,500 shares of the business’s stock in a transaction on Wednesday, July 15th. The stock was sold at an average price of $54.11, for a total transaction of $135,275.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through […]
- 07/19/2020
|
Ciena (CIEN) Dips More Than Broader Markets: What You Should Know
- In the latest trading session, Ciena (CIEN) closed at $52.85, marking a -1.14% move from the previous day.
- 07/16/2020
|
CENTRAL TRUST Co Acquires 15,951 Shares of Ciena Co. (NYSE:CIEN)
- CENTRAL TRUST Co lifted its holdings in Ciena Co. (NYSE:CIEN) by 1,283.3% in the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 17,194 shares of the communications equipment provider’s stock after acquiring an additional 15,951 shares during the period. CENTRAL TRUST Co’s holdings […]
- 07/16/2020
|
Can Ciena (NYSE:CIEN) Continue To Grow Its Returns On Capital?
- Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Ideally, a business...
- 07/14/2020
|
Charting a bull-trend whipsaw, S&P 500 nails next resistance
- Technically speaking, the U.S. benchmarks have registered a mid-July market whipsaw, writes Michael Ashbaugh, pressured at least briefly amid the month’s...
- 07/14/2020
|
Is Ciena (CIEN) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/14/2020
|
State Street Corp Raises Holdings in Ciena Co. (NYSE:CIEN)
- State Street Corp grew its position in Ciena Co. (NYSE:CIEN) by 2.6% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,783,454 shares of the communications equipment provider’s stock after buying an additional 96,321 shares during the quarter. State Street Corp owned 2.46% of […]
- 07/14/2020
|
Did Hedge Funds Make The Right Call On Ciena Corporation (CIEN) ?
- The latest 13F reporting period has come and gone, and Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F filings show the funds' and investors' portfolio positions as of March 31st, a week after the market trough. Now, we are […]
- 07/13/2020
|
Sparkle Illuminates Its U.S.-Chile Submarine Cable with Ciena’s WaveLogic 5
- Sparkle and Ciena announce the upgrade of Sparkle's 10,476km next-generation fibers on the Curie submarine cable powered by WaveLogic 5 Extreme.
- 07/13/2020
|
Sparkle Illuminates Its U.S.-Chile Submarine Cable with Ciena’s WaveLogic 5
- Sparkle and Ciena announce the upgrade of Sparkle's 10,476km next-generation fibers on the Curie submarine cable powered by WaveLogic 5 Extreme.
- 07/13/2020
|
3 5G Stocks to Buy Right Now
- There is a great deal of excitement surrounding 5G, and rightly so. Mobile network providers are rolling out the first iterations of the new service, and the number of smartphones offering connectivity is ramping up. Meanwhile, it's the back-end construction of the 5G network itself -- rather than the consumer-facing service -- that holds some of the most promising investments in the new mobility movement.
- 07/10/2020
|
Huawei Faces Increased Scrutiny. Apple, Cisco, and Other Tech Stocks Could Benefit.
- The world’s largest provider of telecommunications infrastructure, Huawei Technologies, has come under increased global scrutiny from concerns that the company’s relationship with China’s government makes relying on its products a security risk. In routing, Huawei is the market leader with 34% of the market, just ahead of Cisco.
- 07/09/2020
|
Ciena Supports Vodafone NZ to Offer Premium Digital Services
- Ciena's (CIEN) cutting-edge 800G coherent optics enables Vodafone New Zealand to provide citizens with access to the world's finest digital services.
- 07/09/2020
|
Tens of thousands plan to ‘Strike for Black Lives’ later this month
- A national coalition of labor unions, along with racial and social justice organizations, will stage a mass walkout from work this month, as part of an...
- 07/09/2020
|
Vodafone New Zealand Rolls Out 800G Technology with Ciena
- Vodafone New Zealand is advancing its network by being the first provider in New Zealand to deploy 800G technology, using Ciena’s WaveLogic 5 Extreme.
- 07/08/2020
|
The Zacks Analyst Blog Highlights: Ericsson, NVIDIA, Marvell Technology, Ciena and Qorvo
- The Zacks Analyst Blog Highlights: Ericsson, NVIDIA, Marvell Technology, Ciena and Qorvo
- 07/08/2020
|
Vodafone New Zealand Rolls Out 800G Technology with Ciena
- Vodafone New Zealand is advancing its network by being the first provider in New Zealand to deploy 800G technology, using Ciena’s WaveLogic 5 Extreme.
- 07/08/2020
|
Charting a bullish July start, Nasdaq extends break to record territory
- Technically speaking, the major U.S. benchmarks are off to a constructive July start despite persistently uneven price action, writes Michael Ashbaugh.
- 07/07/2020
|
Ciena (CIEN) Looks Good: Stock Adds 6.2% in Session
- Ciena (CIEN) saw a big move last session, as its shares jumped more than 6% on the day, amid huge volumes.
- 07/07/2020
|
Work-From-Home Trend to Speed Up 5G Rollout: 5 Solid Buys
- Here we pick five 5G stocks that are expected to benefit from higher spending as demand for high-speed Internet shoots up.
- 07/07/2020
|
Work-From-Home Trend to Speed Up 5G Rollout: 5 Solid Buys
- Stocks Analysis by Zacks Investment Research covering: Alphabet Inc Class A, Ciena Corp, NVIDIA Corporation, Marvell Technology Group Ltd. Read Zacks Investment Research's latest article on Investing.com
- 07/07/2020
|
Is Ciena (CIEN) Stock Outpacing Its Computer and Technology Peers This Year?
- Is (CIEN) Outperforming Other Computer and Technology Stocks This Year?
- 07/03/2020
|
This Undervalued Tech Stock Is Crushing the Market, and It Isn’t Done Yet | The Motley Fool
- A jump in demand for networking equipment is driving this company's growth.
- 07/03/2020
|
Market Recovery Optimism Prevails: 5 Tech Stocks to Buy
- The rally in technology stocks is aiding the U.S. stock market amid the coronavirus crisis. Here we choose five technology stocks that are well poised to grow as economic activities gain momentum.
- 07/03/2020
|
The Zacks Analyst Blog Highlights: Ciena, United States Cellular, T-Mobile US and Nokia
- The Zacks Analyst Blog Highlights: Ciena, United States Cellular, T-Mobile US and Nokia
- 07/02/2020
|
Ciena Appoints Hassan Ahmed to Board of Directors | | IT Business Net
- HANOVER, Md.--(BUSINESS WIRE)--Ciena (NYSE: CIEN) today announced that Hassan M. Ahmed, Ph.D., has been appointed to its Board of Directors. Dr. Ahmed most recently served as Chairman of the Board and
- 07/01/2020
|
Solid Q2 for Wall Street Despite Economic Turmoil: 4 Picks
- The contrasting characteristics highlight the vagaries of the market and the turbulent economic conditions that appear to be the "new normal" post the virus outbreak.
- 07/01/2020
|
Ciena Appoints Hassan Ahmed to Board of Directors
- Ciena today announced that Hassan M. Ahmed, Ph.D., has been appointed to its Board of Directors.
- 07/01/2020
|
Charting market cross currents, S&P 500 maintains 200-day average
- Technically speaking, the major U.S. benchmarks are poised to conclude June against an increasingly uneven, but still generally bullish, bigger-picture...
- 06/30/2020
|
Ciena (CIEN)-SK Telink to Revamp Transpacific Route Network
- Ciena (CIEN) secures a deal from SK Telink for the deployment of its Adaptive IP platform to revamp submarine network with packet-based transport connectivity solutions in a transpacific route.
- 06/30/2020
|
IEIC Welcomes Netskope as a Founding Member
- The Internet Ecosystem Innovation Committee (IEIC), an independent committee that promotes internet diversity and resilience through the formation of new global internet nexus points, today announced that Netskope, a leader in cloud application analytics and policy enforcement, has joined as a founding member.
- 06/30/2020
|
Dow Surges 2.3% as Boeing Begins Testing the 737 Max
- Stocks Analysis by Zacks Investment Research covering: Boeing Co, Ciena Corp, Lennar Corporation, Verizon Communications Inc. Read Zacks Investment Research's latest article on Investing.com
- 06/30/2020
|
Telecom Stock Roundup: VZ Expands VNS Portfolio, CTL Extends Alliance & More
- While Verizon (VZ) expands virtual networking capabilities, CenturyLink (CTL) extends partnership to better serve customers.
- 06/25/2020
|
Cowen Reaffirms “Buy” Rating for Ciena (NYSE:CIEN)
- Ciena (NYSE:CIEN)‘s stock had its “buy” rating restated by equities researchers at Cowen in a report released on Wednesday, TipRanks reports. They currently have a $73.00 price target on the communications equipment provider’s stock. Cowen’s price target points to a potential upside of 37.17% from the stock’s current price. A number of other research analysts […]
- 06/25/2020
|
Ciena Augments Fiber Optic Solution With GlobalNet Tie-Up
- Ciena (CIEN) gets selected by GlobalNet for the deployment of its WaveLogic 5 Extreme network in Russia for streamlined connectivity solutions.
- 06/24/2020
|
Ciena : GlobalNet Deploys Russia's First 800G Network with Ciena's WaveLogic 5 - Ciena | MarketScreener
|
Charting a bullish summer start, Nasdaq takes flight to record territory
- Technically speaking, the U.S. benchmarks’ bigger-picture backdrop remains bullish, on balance, despite increasingly uneven market price action, writes...
- 06/23/2020
|
GlobalNet Deploys Russia’s First 800G Network with Ciena’s WaveLogic 5
- GlobalNet recently upgraded its flexible grid network with Ciena’s coherent optical technology.
- 06/23/2020
|
Morgan Stanley: 7 sectores a vigilar en la era post-COVID
- Morgan Stanley: 7 sectores a vigilar en la era post-COVID
- 06/23/2020
|
4 Likely 5G Winners from President Trump’s $1 Trillion Infrastructure Plan
- By now, I'm assuming you've heard about President Trump's plan to jump-start the U.S. economy by spending $1 trillion on an "infrastructure plan." You really should have heard of it by now... because he's been promising it for about four straight years. But could 2020, with its arrival of a coronavirus and a recession that's cost more than 40 million Americans their jobs, be the year that it finally happens?Maybe.In Rosenblatt's latest report on the subject, analyst Ryan Koontz admits that there have been "years of infrastructure talk from all sides and surprisingly little to show for it." But he also argues that passing an infrastructure bill, as an economic stimulus measure to get people back to work and help restart the economy, "makes sense" and is "broadly favored in public polling," suggesting that 2020 could be the year there's enough public support to get such a plan through Congress.Moreover, the infrastructure bill now being mooted in the White House could be about more than just building roads and bridges. In addition to such steel-and-concrete projects, Koontz observes that the White House wants additional spending to accelerate the rollout of 5G wireless networks to form "a meaningful part in the bill." If this comes to pass, then high-tech firms helping to build the 5G infrastructure could become major beneficiaries of a $1 trillion infrastructure plan.Which high-tech companies in particular? Koontz identifies four likely targets: Ciena (CIEN), CommScope (COMM), Ericsson (ERIC), and Nokia (NOK).In Koontz's view, a $1 trillion infrastructure plan could begin accelerating spending on 5G infrastructure as early as next year, and increase spending by internet providers such as AT&T; (T), Verizon (VZ), and T-Mobile (TMUS) by an average of 30% annually through 2023. This spending would flow to the infrastructure builders (Ciena, et al).In 2020 the scenario Koontz describes, CommScope would probably be the biggest beneficiary in terms of revenue growth, growing its revenues collected from the big telcos by as much as 50% that year alone. Ciena would be second in line, growing revenues perhaps 42%, followed by Ericsson (30% revenue growth) and Nokia (25%). Other networking infrastructure companies such as Cisco (CSCO), Juniper (JNP), and Infineon (IFNNY) would benefit, too, albeit to a lesser extent.As for which of these 5G infrastructure plays Rosenblatt likes best, Koontz leans towards Ciena, which he says has "strong exposure to hyperscale and 5G programs," is the market leader in optical networking outside of China, and likely to win market share globally as non-Chinese telcos shun use of equipment manufacture by China's Huawei has.Koontz is also impressed with Ciena's recent improvements in profitability. Indeed, over the past five years, operating profit margins at Ciena have more than doubled, from 5.5% to 12.4% (over the last 12 reported months). Applied to a 50% increase in annual revenue ($3.66 billion), this has led to an explosion in profits at Ciena, which topped $321 million over the past 12 months -- versus just $12 million earned in 2015.When you consider furthermore that Ciena's free cash flow for the same period -- $381 million -- is running nearly 20% ahead of reported profits, it's pretty clear why Koontz rates Ciena a "buy" alongside a $64 price target. CIEN's Strong Buy consensus rating is based on an impressive 12 Buy ratings indicating confidence in the stock. Only four analysts rated it a Hold. The average price target of $61 and change implies a 12.5% upside potential from the current share price of $65. (See CIEN stock-price forecast on TipRanks)To find good ideas for stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights.
- 06/22/2020
|
Ciena Shares Up 55.4% in 3 Months: What's Driving the Rally?
- The fundamental demand drivers of Ciena's (CIEN) business that include increased network traffic, demand for bandwidth and adoption of cloud architectures bode well.
- 06/22/2020
|
Morgan Stanley's post-virus stock ideas include meditation, 5G
- [NEW YORK] Lipstick, 5G phone networks and childcare centers provide some examples of how the coronavirus is altering consumer behavior, according to an analysis of investments by Morgan Stanley for life after the pandemic. Read more at The Business Times.
- 06/22/2020
|
Morgan Stanley’s Post-Virus Stock Ideas Include Meditation, 5G - BNN Bloomberg
- Lipstick, 5G phone networks and childcare centers provide some examples of how the coronavirus is altering consumer behavior, according to an analysis of investments by Morgan Stanley for life after the pandemic.
- 06/22/2020
|
Analysts Conflicted on These Technology Names: Oracle (NYSE: ORCL), Western Digital (NASDAQ: WDC) and Ciena (NYSE: CIEN) - Markets
- Analysts have been eager to weigh in on the Technology sector with new ratings on Oracle (ORCL – Research Report),
- 06/21/2020
|
3 “Strong Buy” Stocks With Long-Term Growth Potential
- After a prolonged bull rally, volatility once again rules the markets. The S&P; 500 finished the week in the green, but Friday June 19’s session saw dramatic swings due to technical factors as well as alarming headlines related to a COVID-19 resurgence and a slowdown in the economic recovery. Against this backdrop, what investors want, what will really bring back the animal spirits of the marketplace, is long-term stability. They aren’t looking to day trade; they are looking to park their money and watch it grow. Fiscal stimulus policies have pushed interest rates down to near zero. Treasury bonds are yielding less than 1%. This leaves the stock market. Fortunately, Wall Street pros believe compelling plays are still out there. Today, we’ve pulled up three stocks from the TipRanks database that have sparked the interest of Wall Street’s analysts. These are stocks that have impressed the analysts, who have responded by noting their solid upside potential and clear investment value for the long haul, with each ticker earning a “Strong Buy” consensus rating. For all three, an analyst has noted the long-term potential in the headline. Let’s find out why they’re so compelling. Sportsman’s Warehouse (SPWH) Based in Utah, Sportsman’s Warehouse operates 95 retail locations in 25 states. The chain specializes in outdoor gear and clothing, for a clientele heavily involved in camping, fishing, hunting, and shooting. The first thing to note, when assessing SPWH as an investment, is the recent stock performance. SPWH shares have climbed an astounding 145% over the last three months. The stock does not pay a dividend, but the recent share appreciation delivers a fine return. The next thing to note is that the company beat the forecast in its most recent quarterly report. This win came despite it being an outdoor apparel and equipment chain during the lockdowns of recent months. Some points to note: SPWH operates in rural regions, where the coronavirus pandemic was less severe, and the calendar Q2 is, for seasonal reasons, the company’s slowest. In this most recent quarter, SPWH posted a 1-cent profit instead of the 6-cent loss expected. 5-star analyst Ryan Sigdahl, of Craig-Hallum, calls SPWH in his headline, “One Of The Best Positioned Retailers In The Near And Long Term.” Going into detail, he elaborates: “We believe SPWH is one of the best positioned specialty retailers in the current environment (COVID and social unrest) as it has spurred demand for necessities and personal protection, but it is also one of the best positioned over the medium term with several key competitors de-emphasizing/exiting the ‘hunting’ category (market share opportunity) and increased participation in outdoor recreation. Shelter-in-place restrictions have driven increased interest in camping, hiking and fishing, and we don’t think these trends will change anytime soon.” Sigdahl’s Buy rating on the shares is supported by his new $16 price target, which was raised from $12. This indicates confidence in a robust 28% upside potential for the coming year. (To watch Sigdahl’s track record, click here) With 4 Buy ratings, the Strong Buy analyst consensus view on SPWH is unanimous. The stock has risen sharply in recent weeks, but the analysts have set their sights higher, and see room for continued growth. Shares are selling for $12.48 apiece, and the average price target of $14.88 implies a one-year upside potential of 19%. (See Sportsman’s Warehouse stock analysis on TipRanks) Ciena (CIEN) Next up is a telecom company, the world leader in optical connectivity. Ciena is a major name in networking equipment and software services. The company boasts an $8.2 billion market cap, over 2,000 patents, and 1,500 customers, as well as a presence in 35 countries. Ciena’s products include software for analytics and intelligence, control and automations, and programmable infrastructure. This is another company that has strongly outperformed the markets in recent months. CIEN shares are up 49% over the last three months, gaining on the company’s usefulness as millions of workers switched to remote work and telecommuting. Like many companies, Ciena did see a dip in Q1 earnings, but that was mitigated by two related points: calendar Q1 is the lowest earning quarter in the company’s cycle, and earnings bounced back strongly in Q2. That most recent quarter showed non-GAAP profits of 76 cents per share, which was well above the estimates. Covering the stock for J.P. Morgan, 4-star analyst Samik Chatterjee calls it an “attractive long-term investment,” and rates CIEN a Buy. His $63 price target, raised from $53, implies an upside potential of 17% for the coming 12 months. (To watch Chatterjee’s track record, click here) Fleshing out his opinion, Chatterjee writes, “We recommend CIEN shares as our top pick within Networking Equipment coverage given favorable positioning with: 1) secular growth for the underlying optical industry levered to growing bandwidth needs; 2) benefit from accelerating bandwidth needs in a post-COVID-19 normal; 3) continued share wins from well-established technology leadership…” CIEN shares have 16 recent analyst reviews, including 12 Buys and 4 Holds, giving the stock a Strong Buy consensus rating. Rapid share appreciation recently has pushed the trading price close to the price target – but the stock still shows a healthy 14% upside potential. Shares are trading for $53.62, and the average price target is $61.27. (See Ciena stock analysis on TipRanks) Science Applications International Corporation (SAIC) Last on our list, Science Applications, is a Washington DC consulting firm and government contractor. Like all of the ‘Beltway Bandits,’ SAIC is heavily dependent on the Federal government for revenues; fortunately for the company, that’s a well that typically does not run dry. SAIC provides engineering, scientific, and technology expertise to governmental service agencies. While shares are down since the start of 2020, SAIC has gained 54% over the last three months. Aside from share appreciation, SAIC also offers investors a reliable dividend payment. The company recently declared its next payment, at 37 cents per share, to go out in July. SAIC has been keeping the dividend reliable, and slowly growing the payment, for the past seven years. The current payment provides a yield of 1.8%. While this doesn’t sound like much, it beats the tech sector peer average by a full half-percentage point. SAIC has been able to weather the coronavirus storm, at least in part by winning several new US government contracts in recent months. The company won a $655 million contract with the Air Force, and a $325 million contract with the Department of Homeland Security, in February. Both contracts are IDIQ – indefinite delivery, indefinite quantity. In May, the company signed a $650 million national security contract, and earlier this month, it signed a contract for torpedo testing with the US Navy. The run of new contracts gives SAIC a stable foundation going forward, which has not escaped the notice of the analysts. Josh Sullivan, 5-star analyst with Benchmark, says that the “Record IDIQ Contracts Supports Long-term,” and in his comments writes, “2021 FCF outlook improved to $500 million from $450 million… the record IDIQ wins in the quarter supports the long-term momentum…” Sullivan puts a Buy rating on SAIC, with a $105 price target to suggest room for 31% upside potential. (To watch Sullivan’s track record, click here) 8 Buy ratings and just a single Hold give SAIC shares a Strong Buy from the analyst consensus. The average price target is an even $100, and indicates an upside potential of 24% for the coming year. (See Science Applications International stock analysis on TipRanks)
- 06/21/2020
|
Stocks To Watch: Nike, Apple, Ford And Stressed Banks
- Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive th
- 06/20/2020
|
There’s a Growing Divide in Tech Stocks. Here’s How Investors Can Profit.
- During the pandemic, investors that bought high-price tech stocks have been richly rewarded. But valuation will eventually matter. Here are eight cheap tech stocks worth a look.
- 06/20/2020
|
Test and Measurement: Windstream tests 800G in its long-haul network
- Windstream and optical networking company Infinera said that they successfully achieved 800 Gbps single-wavelength transmission over 730 kilometers on Windstream’s long-haul network between San Die…
- 06/19/2020
|
Where Will Arista Networks Be in 5 Years? | The Motley Fool
- The cloud is here to stay, and Arista will have a place at the table.
- 06/19/2020
|
Ciena Co. (NYSE:CIEN) CFO James E. Moylan, Jr. Sells 2,000 Shares
- Ciena Co. (NYSE:CIEN) CFO James E. Moylan, Jr. sold 2,000 shares of Ciena stock in a transaction on Monday, June 15th. The stock was sold at an average price of $52.11, for a total transaction of $104,220.00. The sale was disclosed in a filing with the SEC, which is available through the SEC website. James […]
- 06/18/2020
|
Better Buy: Micron Technology vs. Lumentum | The Motley Fool
- Are memory chips better bets than optical chips and lasers?
- 06/17/2020
|
Trump's Stimulus Plan to Rev Up 5G Adoption: 5 Stocks to Gain
- Here we pick five 5G stocks that are expected to benefit from Trump's $1-trillion stimulus plan.
- 06/17/2020
|
Charting a successful technical test, S&P 500 maintains major support
- Technically speaking, the U.S. benchmarks’ bullish bigger-picture backdrop has thus far weathered a mid-June market whipsaw, writes Michael Ashbaugh.
- 06/16/2020
|
Why Ciena (CIEN) Could Be an Impressive Growth Stock
- If you are looking for a fast-growing stock that is still seeing plenty of opportunities on the horizon, make sure to consider Ciena (CIEN).
- 06/16/2020
|
OIF Announces Participants in 2020 Joint Network Operator, Multi-vendor Transport SDN API Interoperability Demonstration
- Leading the acceleration of the commercialization of transport SDN worldwide and transport network transformation for the 5G era, OIF today announced
- 06/16/2020
|
NeoPhotonics Corporation: Yes And No (NYSE:NPTN)
- NPTN, a broad-line semiconductor player, may likely benefit from the proliferation of hyper-scale data centers and 5G technology. The restructuring plan since 2
- 06/15/2020
|
These Are The 5 Best Stocks To Buy And Watch Now
- Buying a stock is easy, but buying the right stock without a time-tested strategy is incredibly hard. So what are the best stocks to buy now or put on a watchlist?
- 06/12/2020
|
Are Tech Stocks The New Utilities For Investors?
- Tech stocks weren't considered defensive investments in the past. But as the coronavirus crisis reinforces technology's fundamental role in our lives, investors
- 06/11/2020
|
Has Ciena (CIEN) Outpaced Other Computer and Technology Stocks This Year?
- Is (CIEN) Outperforming Other Computer and Technology Stocks This Year?
- 06/11/2020
|
Why Ciena (CIEN) Might be Well Poised for a Surge
- Ciena (CIEN) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 06/10/2020
|
Ciena (CIEN): Strong Industry, Solid Earnings Estimate Revisions
- Ciena (CIEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.
- 06/10/2020
|
NASDAQ Briefly Tops 10K and Finishes with New High
- Stocks Analysis by Zacks Investment Research covering: Royal Dutch Shell PLC Class A, SPDR S&P 500, Apple Inc, Amazon.com Inc. Read Zacks Investment Research's latest article on Investing.com
- 06/10/2020
|
Ciena Rides on Blue Planet Software, Carrier Network Upgrade
- With healthy fundamentals and a solid liquidity position, Ciena (CIEN) appears to be an enticing investment option for 2020.
- 06/09/2020
|
LTE And 5G Broadcast Market To See Huge Growth Cisco, Corning Incorporated, Ciena Corporation, Comcast, CommScope, Teleste Corporation, Telstra, PCT International Inc. and More
- Jun 09, 2020 (CDN Newswire via Comtex) --
Data Bridge Market Research provides research study on "Hybrid Fiber Coaxial Market" reports. Market players can...
- 06/09/2020
|
Charting a break to ‘clear skies’ territory, Nasdaq approaches 10,000 mark
- Technically speaking, the major U.S. benchmarks have taken flight to start June, rising amid distinctly bullish bigger-picture price action, writes Michael...
- 06/09/2020
|
Cloud Spending Continues To Send Ciena's Stock Skyward (NYSE:CIEN)
- Ciena saw strong data center growth offset by weaker service provider demand, with significantly better margins on business mix and cost/efficiency improvements
- 06/09/2020
|
Ciena to Webcast Financial Community Event
- Ciena Corporation today announced its expected participation in the following upcoming event with the financial community.
- 06/08/2020
|
Ciena: Outlook Remains Constructive, Despite Lowered Top-Line Growth For 2020 (NYSE:CIEN)
- Growing network traffic and demand for bandwidth remain a strong tailwind for Ciena's applications, as its WaveLogic optical technology has been largely adopted
- 06/08/2020
|
Ciena Corporation : The stock is approaching a major resistance level | MarketScreener
|
Ciena Corporation : En phase d'approche d'une résistance majeure | Zone bourse
|
Results: Ciena Corporation Beat Earnings Expectations And Analysts Now Have New Forecasts
- Last week saw the newest quarterly earnings release from Ciena Corporation (NYSE:CIEN), an important milestone in the...
- 06/07/2020
|
Ciena (NYSE:CIEN) PT Raised to $50.00
- Ciena (NYSE:CIEN) had its price target lifted by Morgan Stanley from $47.00 to $50.00 in a note issued to investors on Friday, BenzingaRatingsTable reports. The brokerage presently has an “equal weight” rating on the communications equipment provider’s stock. Morgan Stanley’s price target would suggest a potential downside of 7.90% from the company’s previous close. CIEN […]
- 06/07/2020
|
Ciena (NYSE:CIEN) Price Target Raised to $62.00
- Ciena (NYSE:CIEN) had its price target upped by Piper Sandler from $50.00 to $62.00 in a research note issued to investors on Thursday, The Fly reports. Piper Sandler currently has an overweight rating on the communications equipment provider’s stock. A number of other research firms have also weighed in on CIEN. Rosenblatt Securities raised their […]
- 06/07/2020
|
Rosenblatt Securities Increases Ciena (NYSE:CIEN) Price Target to $64.00
- Ciena (NYSE:CIEN) had its price target increased by research analysts at Rosenblatt Securities from $59.00 to $64.00 in a report issued on Friday, BenzingaRatingsTable reports. The brokerage currently has a “buy” rating on the communications equipment provider’s stock. Rosenblatt Securities’ price target suggests a potential upside of 17.89% from the stock’s current price. A number […]
- 06/07/2020
|
Piper Sandler Maintains Overweight on Ciena, Raises Price Target to $62
|
Hedge Funds’ Cashing Out Of Ciena Corporation (CIEN) A Mistake?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 821 13F filings submitted by hedge funds and prominent investors. These filings show these funds' portfolio positions as of March 31st, 2020. […]
- 06/05/2020
|
Morgan Stanley Maintains Equal-Weight on Ciena, Raises Price Target to $50
|
Stifel Maintains Buy on Ciena, Raises Price Target to $61
|
Ciena shares are trading higher after the company reported better-than-expected Q2 EPS and sales results.
|
Nomura Instinet Maintains Buy on Ciena, Raises Price Target to $63
|
Rosenblatt Maintains Buy on Ciena, Raises Price Target to $64
|
Stocks Rally to End First Week of June - Schaeffer's Investment Research
- U.S. stocks all rose to close out the week with the Dow, S&P 500 and Nasdaq all marked big gains this week.
- 06/05/2020
|
Wall Street Roars Higher Amid Civil Unrest - Schaeffer's Investment Research
- The stock market is headed towards weekly gains despite civil and political unrest as investors unpack jobs data
- 06/05/2020
|
Edited Transcript of CIEN earnings conference call or presentation 4-Jun-20 12:30pm GMT
- Q2 2020 Ciena Corp Earnings Call
- 06/05/2020
|
2 Stocks Tumble on Thursday
- Ciena and J.M. Smucker decline on financial results Continue reading...
- 06/04/2020
|
CIENA Corp (CIEN) Q2 2020 Earnings Call Transcript
- CIEN earnings call for the period ending May 2, 2020.
- 06/04/2020
|
Ciena Earnings Top Views As Work-At-Home Shift Boosts Bandwidth Demand
- Ciena earnings and revenue for its fiscal second quarter topped analyst estimates as remote work amid Covid-19 increased bandwidth demand on telecom networks. Ciena stock edged down.
- 06/04/2020
|
Ciena Shares Tick Modestly Lower On Uptick In Volume As Hearing Northland Securities Downgrades Stock To Market Perform
|
Ciena Earnings Top Estimates, but Stock Slides on Guidance Cut
- Evercore ISI analyst Amit Daryanani repeats his Outperform rating, while lifting his price target to $62 from $60.
- 06/04/2020
|
Coronavirus update: Global case tally climbs above 6.6 million and California reports a rise in infections amid protests and reopening
- The number of confirmed cases of the coronavirus that causes COVID-19 rose past 6.6 million on Thursday, and California reported a rise in infections after weeks of slowing, raising concerns that the protests at the death of George Floyd, and the reopening of certain counties, are helping spread the illness.
- 06/04/2020
|
Ciena Corp. (NYSE: CIEN) Q2 2020 Earnings Call Transcript | AlphaStreet
- Final earnings call transcript of Ciena Corp. - CIEN stock
- 06/04/2020
|
Stocks making the biggest moves midday: American Airlines, MGM Resorts, Carnival, Fossil & more
- Take a look at the companies making headlines in midday trading.
- 06/04/2020
|
Shares of several technology and software companies are trading lower following recent strength. Not currently seeing sector-specific news.
|
Ciena's (CIEN) Q2 Earnings & Revenues Top Estimates, Rise Y/Y
- Ciena (CIEN) reports one 10%-plus customer in the quarter, which represented 12% of aggregate revenues.
- 06/04/2020
|
Ciena Earnings Top Estimates, but Stock Slides on Guidance Cut
- Evercore ISI analyst Amit Daryanani repeats his Outperform rating, while lifting his price target to $62 from $60.
- 06/04/2020
|
Coronavirus update: Global case tally climbs above 6.5 million and California reports a rise in infections amid protests and reopening
- The number of confirmed cases of the coronavirus that causes COVID-19 rose past 6.5 million on Thursday, and California reported a rise in infections after...
- 06/04/2020
|
Ciena Stock Support in Place Amid Breather - Schaeffer's Investment Research
- Ciena Corporation (CIEN) decimated Wall Street's expectations regarding the company's profits and revenue
- 06/04/2020
|
Telecom Supplier Ciena Beats Earnings Estimates
- Ciena , the telecom-networking equipment, software and services giant beat analysts' expectations for fiscal-second-quarter earnings and revenue. Shares of Ciena at last check were down 0.9% at $55.79, edging off from an 18-year high reached the day before. Ciena's earnings adjusted for non-recurring items were 76 cents a share.
- 06/04/2020
|
Stock Futures Sink After Dismal Jobless Claims - Schaeffer's Investment Research
- Stock futures are lower as investors unpack another disappointing weekly jobless claims
- 06/04/2020
|
What to watch today: Dow set for lower opening after strong 3-day rally
- Dow futures turn lower again after weekly jobless claims came in higher than expected.
- 06/04/2020
|
Ciena (CIEN) Q2 Earnings and Revenues Beat Estimates
- Ciena (CIEN) delivered earnings and revenue surprises of 49.02% and 0.72%, respectively, for the quarter ended April 2020. Do the numbers hold clues to what lies ahead for the stock?
- 06/04/2020
|
