Why Ciena Stock Rose Early Wednesday
The veteran optical networking specialist posted its latest set of quarterly earnings. Both revenue and profitability were down, yet still beat consensus analyst estimates.
Ciena Corporation (CIEN) Q3 2024 Earnings Call Transcript
Ciena Corporation (NYSE:CIEN ) Q3 2024 Earnings Conference Call September 4, 2024 8:30 AM ET Company Participants Gregg Lampf - Vice President of Investor Relations Gary Smith - President and Chief Executive Officer Jim Moylan - Chief Financial Officer Scott McFeely - Executive Advisor Conference Call Participants Meta Marshall - Morgan Stanley Simon Leopold - Raymond James Samik Chatterjee - JPMorgan Amit Daryanani - Evercore Tim Long - Barclays George Notter - Jefferies Tal Liani - Bank of America David Vogt - UBS Ruben Roy - Stifel Operator Good day and welcome to Ciena Fiscal Third Quarter 2024 Financial Results Conference Call. Today all participants will be in a listen-only mode.
Compared to Estimates, Ciena (CIEN) Q3 Earnings: A Look at Key Metrics
Although the revenue and EPS for Ciena (CIEN) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
Ciena (CIEN) Surpasses Q3 Earnings and Revenue Estimates
Ciena (CIEN) came out with quarterly earnings of $0.35 per share, beating the Zacks Consensus Estimate of $0.26 per share. This compares to earnings of $0.59 per share a year ago.
Ciena Earnings, Revenue Fall But Top Estimates
Ciena edged higher after reporting fiscal Q3 profit and revenue that fell vs. a year earlier but topped views.
Ciena to Report Q3 Earnings: What to Expect From the Stock?
CIEN's fiscal third-quarter performance is likely to have been affected by slower-than-expected normalization of order volumes from the service providers.
Ciena & Arelion Reach Live 1.6 Tb/s Wave Data Transmission Milestone
Ciena Corporation CIEN and Arelion have achieved a milestone with the world's first 1.6 terabits-per-second (Tb/s) wavelength data transmission in a live network field trial. Utilizing Ciena's advanced WaveLogic 6 Extreme (WL6e), this achievement took place over Arelion's 470km route connecting its Ashburn, Virginia (Equinix) and Telxius' Virginia Beach cable landing station.
What Analyst Projections for Key Metrics Reveal About Ciena (CIEN) Q3 Earnings
Besides Wall Street's top -and-bottom-line estimates for Ciena (CIEN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.
Ciena's (CIEN) Routing Solutions Deployed by Bhutan Telecom
Ciena's (CIEN) coherent routing solutions are utilized by Bhutan Telecom to streamline network infrastructure and boost the customer experience.
Ciena's (CIEN) XGS-PON Solution Boosts Connectivity in Norway
Sodvin AS taps Ciena's (CIEN) XGS-PON solution to deliver broadband services with a superfast speed of 10 Gb/s PON across the Trondelag region of Norway.
Ciena's (CIEN) Advanced Solutions Portfolio Used by TDC NET
TDC NET taps Ciena's (CIEN) wide-ranging innovative solutions to bolster its metro and long-haul networks, enabling sustainable service delivery.
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.
