Will Ciena's New 1.6 Tb/s Coherent Pluggable Solution Drive Top Line?
Ciena Corporation CIEN is advancing technology with the launch of a 1.6 terabits-per-second (Tb/s) Coherent-Lite pluggable, designed to assist cloud and data center providers in managing anticipated increases in traffic from cloud services, machine learning and artificial intelligence (AI). The WaveLogic 6 Nano (WL6n) 1.6 Tb/s prototype will be featured at Ciena's booth (A14) during ECOC 2024.
Why Ciena Stock Popped 5% on Monday
Citigroup flipped from sell to buy on Ciena stock this morning. Weak sales of telecom equipment in 2024 could inflect to sales growth in 2025.
Double Upgrade Pushes Ciena Stock Near Record Highs
Ciena Corp (NYSE:CIEN) stock is on the rise today, up 4.2% at $61.18 at last glance, after a rare double upgrade from Citigroup.
Ciena's Solutions Witness Healthy Momentum: Will the Stock Benefit?
Ciena Corporation CIEN recently announced that Danish network provider TDC NET has adopted automation software from Blue Planet, a Ciena division, to enhance its Operating Support System. Utilizing Blue Planet Inventory (BPI), running on Blue Planet's Cloud Native Platform, TDC NET will gain a precise and unified view of its mobile and fixed network resources and services.
Why Ciena (CIEN) International Revenue Trends Deserve Your Attention
Explore Ciena's (CIEN) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
Ciena: Expecting Growth To Continue Growing From Here On
I maintain a buy rating for CIEN, as 3Q24 performance shows solid evidence of entering a growth cycle. CIEN's 3Q24 revenue of $942 million beat estimates, with strong cost control driving adjusted EPS to $0.35. Growth driven by robust demand from cloud providers and AI infrastructure investments, with a growing customer base and orders for WaveLogic 6.
Ciena's Q3 Earnings & Revenues Surpass Estimates, Stock Falls
CIEN's fiscal Q3 performance is affected by slower-than-expected recovery of order volumes from service providers amid growing strength with cloud providers.
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.
