Ciena Corp  (CIEN)
Other Ticker:  
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
Price: $46.5800 $-0.48 -1.020%
Day's High: $47.15 Week Perf: -4.51 %
Day's Low: $ 46.04 30 Day Perf: -4.65 %
Volume (M): 1,444 52 Wk High: $ 63.24
Volume (M$): $ 67,257 52 Wk Avg: $46.83
Open: $46.97 52 Wk Low: $39.94

 Market Capitalization (Millions $) 6,750
 Shares Outstanding (Millions) 145
 Employees 5,161
 Revenues (TTM) (Millions $) 4,146
 Net Income (TTM) (Millions $) 154
 Cash Flow (TTM) (Millions $) -76
 Capital Exp. (TTM) (Millions $) 82

Ciena Corp
CIENA is a leading global provider of innovative network solutions to telecommunications service providers and enterprises worldwide. Our customers include long distance carriers, local exchange carriers, cable operators, Internet service providers, wireless and wholesale carriers, resellers, governments, large businesses and non-profit institutions.

Currently, the major challenge service providers face is evolving their networks to process efficiently and deliver profitably a growing range of data services. The networks of most ILECs, IXCs and PTTs were designed to carry voice traffic and to deliver voice services. As the demand for data services grew, these carriers built separate data networks and operated them concurrently with their existing voice networks. Revenue from data services continues to grow, but in most cases not nearly as fast as data traffic.

With data surpassing voice as the dominant network traffic but lagging in terms of profitability, carriers are looking for more cost-effective and efficient ways to deliver the range of voice and data services that their customers are demanding. Most have concluded that the only way to offer advanced voice, data, video and other services profitably is to consolidate their separate voice and data networks onto a single converged network, one that is capable of delivering multiple services over a single infrastructure.

While this vision of eventual network convergence is widely shared, there are divergent perceptions regarding how it will come about. Some equipment vendors envision that the converged network will be based on a completely new network infrastructure. We believe, however, that the transition to a converged all-service network will be an evolutionary process, one in which carriers will leverage their existing network investment. The majority of our strategic initiatives, partnerships and investments are intended to capitalize on this evolution.

CIENA's solutions harness innovation to deliver improved network economics. Our intelligent networking solutions are designed to enable service providers to transition from inefficient, legacy, voice-centric networks to more efficient, data-friendly networks. CIENA's systems and their intelligent networking software address the network scalability and capital spending challenges and the escalating operational costs faced by service providers.

CIENA's equipment can replace multiple legacy network elements with fewer, more intelligent network elements, thereby simplifying the network and lowering carriers' initial capital costs and ongoing operating expenses.

The software functionality of CIENA's equipment creates a network environment in which distributed intelligence ' intelligence at the network element level ' takes the place of centralized network intelligence. As a result, CIENA networks can 'think' for themselves, making dynamic decisions without human intervention thereby facilitating provisioning and protection capabilities and lowering associated operating costs.

CIENA's equipment is designed to reduce network operating costs by enabling carriers to manage network traffic and network bandwidth more efficiently.

CIENA's equipment is designed to enable carriers to shorten the time it takes to provision services, in some cases from months to nearly real-time, thereby accelerating revenue generation.

In addition to capital and operational cost savings, CIENA's equipment and network management software is designed to enable carriers to offer new, revenue-generating and service-differentiating services.

In addition to those products developed internally or added through acquisition, CIENA has executed reseller agreements with both Laurel Networks and Luminous Networks. Under the agreement with Laurel, which is exclusive as to certain designated customers, CIENA markets, sells and supports Laurel Networks' ST200' Service Edge Router to service providers worldwide. Under the agreement with Luminous, CIENA markets, sells and supports Luminous Networks' entire PacketWave' family of products.


CIENA provides a comprehensive portfolio of service and support offerings for its products. Our offerings include:

Deployment services including network design, product installation, network integration testing and acceptance testing;

Maintenance services including parts exchange, engineering dispatch, advanced technical support and hardware and software warranty extensions; and

Training and documentation services including product training, service partner training and documentation services.


Competition in the telecommunications equipment industry is intense, and became increasingly so as the market for communications networking equipment declined. CIENA's competition is dominated by a small number of very large, usually multi-national, vertically integrated companies. Each of which has substantially greater financial, technical and marketing resources, and greater manufacturing capacity as well as better established relationships with the incumbent carriers than CIENA. Included among CIENA's competitors are: Alcatel, Cisco Systems, Inc. ('Cisco'), Fujitsu Group ('Fujitsu'), Hitachi Ltd. ('Hitachi'), Huawei Technologies Co. Ltd ('Huawei'), Lucent Technologies Inc. ('Lucent'), Marconi Corporation ('Marconi'), NEC Corporation ('NEC'), Nortel Networks ('Nortel'), Siemens AG ('Siemens'), Telefon AB LM Ericsson ('Ericsson'), and Tellabs, Inc. ('Tellabs'). There are also several smaller, but established companies, such as ADVA AG Optical Networking, and Sycamore Networks, Inc., that offer one or more products that compete directly or indirectly with our offerings. In addition, there are a variety of earlier-stage companies with products targeted at the communications networking market in some stage of development or deployment, most of them employing advanced technology that could offer advantages over products offered by CIENA.

   Company Address: 7035 Ridge Road Hanover 21076 MD
   Company Phone Number: 694-5700   Stock Exchange / Ticker: NYSE CIEN

Customers Net Income fell by CIEN's Customers Net Profit Margin fell to

-3.78 %

8.6 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


Stock Performances by Major Competitors

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Business Update

Boosting Network Capacity: NTT DATA-led JUNO Submarine Cable System Deploys Cienas WaveLogic 6 Amidst Revenue Challe...

Published Tue, Jun 11 2024 3:38 PM UTC

CSIMarket.com : NTT DATA-led JUNO Submarine Cable Plans to Deploy Cienas WaveLogic 6 to Boost Network Capacity In a strategic move to support Japan's digital hub ambitions, NTT DATA-led JUNO Submarine Cable System, operated by Seren Juno Network Co., Ltd. and Seren Juno Network America Inc, will deploy Ciena's GeoMesh Extreme, powered by WaveLogic 6 Extreme. This deployment...

Ciena Corp

Ciena Corp Takes a Hit: Reports Loss on Weak Sales

Ciena Corporation (NYSE: CIEN) recently reported its financial results for the fiscal span ending April 27, 2024, and the numbers were disappointing. The company's earnings per share (EPS) fell from $0.34 per share in the previous reporting period to a loss of $0.12 per share. This is a significant drop compared to the $0.38 EPS it recorded a year ago.
The decline in EPS can be attributed to a decrease in revenue. Ciena's revenue decreased by 19.585% to $910.83 million from $1.13 billion in the comparable reporting period a year ago. Sequentially, the revenue deteriorated by 12.227% from $1.04 billion. These numbers are concerning and indicate a challenging period for the company.

Business Update

Constl Selects Ciena Optical Technology to Enhance High-Capacity Digital Connectivity Across India ...

Published Mon, Jun 3 2024 4:38 PM UTC

Constl, a subsidiary of the Space World Group, has partnered with optical technology leader Ciena to significantly enhance digital connectivity across India. In a strategic move, Constl is deploying Ciena's advanced optical technology to develop a high-speed Metro Area Network (MAN) and National Long Distance (NLD) connectivity services on its sophisticated pan-India network...

Product Service News

Ciena Shines at OFC 2024 with Customer Wins and Optical Innovations, but Challenges Loom in Revenue and Market Share

Published Wed, Mar 27 2024 1:00 PM UTC

Ciena Celebrates Customer Success and Optical Innovations at OFC 2024, but Faces Challenges in Revenue and Market ShareCiena, a global leader in optical networking solutions, started off OFC 2024 with a bang, celebrating significant customer wins, showcasing new optical innovations, and receiving industry recognition. Among the major milestones are its partnerships with Vocu...

Product Service News

Toshiba and Ciena Join Forces to Showcase Quantum Secure Communication at OFC 2024 Conference

Published Tue, Mar 26 2024 1:00 PM UTC

Quantum computing continues to make relentless progress, raising concerns about the vulnerability of existing communication networks. To address this issue, Toshiba and Ciena, a global networking systems leader, are collaborating on a groundbreaking demonstration of quantum secure communication at the OFC Conference 2024 in San Diego. By leveraging Toshiba's quantum secure c...


Ciena's Segments
 Segment     of total Revenue
 Segment     of total Revenue
Packet Optical Transport
 Segment     of total Revenue
Software Services
 Segment     of total Revenue
Packet Optical Switching
 Segment     of total Revenue
Carrier Ethernet service delivery
 Segment     of total Revenue
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  Company Estimates  
  Revenue Outlook
Ciena announced annual revenue outlook on

Earnings Outlook
Ciena Corp does not provide earnings estimates.

Geographic Revenue Dispersion


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