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Ciena Corp  (CIEN)
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    Sector  Technology    Industry Communications Equipment

Ciena's

Competitiveness


 

CIEN Sales vs. its Competitors Q2 2022



Comparing the results to its competitors, Ciena reported Total Revenue decrease in the 2 quarter 2022 year on year by -12.16 %, despite revenue increase by most of its competitors of 7.71 %, recorded in the same quarter.

List of CIEN Competitors

With net margin of 1.21 % company reported lower profitability than its competitors.

More on CIEN Margin Comparisons



Revenue Growth Comparisons




Net Income Comparison


Ciena Corp Net Income in 2 quarter 2022 declined year on year by -95.59 %, despite income growth by most of its competitors

<<  More on CIEN Income Comparisons


Ciena's Comment on Competitors and Industry Peers


Competition among communications network solution vendors remains intense. The markets in which we compete are characterized by rapidly advancing technologies, introduction of new networking solutions and intense selling efforts to displace incumbent vendors and to capture market share. Successfully competing in these markets is based on any one or a combination of the following factors:

product functionality, speed, capacity, scalability and performance;
price and total cost of ownership of our solutions;
incumbency and existing business relationships;

ability to offer comprehensive networking solutions, consisting of equipment, software and network consulting services;
product development plans and the ability to meet customers' immediate and future network requirements;
flexibility and openness of platforms, including ease of integration, interoperability and integrated management;
manufacturing and lead-time capability; and
services and support capabilities.

In this intense and fragmented competitive environment, securing new opportunities often requires that we agree to unfavorable commercial terms or pricing and other onerous contractual commitments that place a disproportionate allocation of risk upon us as the vendor. These terms can adversely affect our results of operations.

Competition for sales of communications networking solutions is dominated by a small number of very large, multi-national companies. Our competitors include Alcatel-Lucent, Cisco, Fujitsu, Huawei, Juniper Networks, and ZTE. Many of these competitors have substantially greater financial, operational and marketing resources than Ciena, significantly broader product offerings or more extensive customer bases. We expect our competitive landscape to broaden and competition to increase as network technologies, features and layers continue to converge and networks come under unified software management and control. As these changes occur, and requirements for software programmability and network function virtualization increase, we expect to compete with a broader group of vendors offering their own network architectural approaches. We expect that we may increasingly compete with IP router vendors, system integrators and information technology and software vendors, as well as suppliers of networking technology traditionally geared toward different network users, layers or functions.

We also continue to compete with several smaller, but established, companies that offer one or more products that compete directly or indirectly with our offerings or whose products address specific niches within the markets and customer segments we address. These competitors include ADVA, BTI, Cyan, Coriant, ECI, Infinera, RAD and Transmode. In addition, there are a variety of earlier-stage companies with products targeted at specific segments of the communications networking market. These competitors often employ aggressive competitive and business tactics as they seek to gain entry to certain customers or markets. Due to these practices and the narrower focus of their development efforts, these competitors may be able to develop and introduce products more quickly, or offer commercial terms that are more attractive to customers.





  

Overall company Market Share Q2 2022

Overall company, revenue fell by -12.16 % and company lost market share, to approximate 2.6 %.




<<  More on CIEN Market Share.
 
*Market share is calculated based on total revenue.


CIEN's vs. Competition, Data

(Revenue and Income for Trailing 12 Months, in Millions of $, except Employees)


COMPANY NAME MARKET CAP
(in millions of $)
REVENUES
(in millions of $)
INCOME
(in millions of $)
EMPLOYEES
Ciena Corp CIEN 6,736.23 3,703.00 199.00 5,161
Amdocs Limited DOX 11,667 4,288.64 688.37 31,000
Cisco Systems Inc CSCO 204,565 52,289.00 11,502.00 77,500
Adtran Holdings Inc ADTN 1,524 821.42 -48.03 2,060
Corning Inc GLW 29,467 14,459.00 1,878.00 50,110
Juniper Networks Inc JNPR 10,808 5,152.30 423.50 9,817
F5 Inc FFIV 9,410 2,695.85 322.16 5,983
Motorola Solutions inc MSI 46,768 8,771.00 1,285.00 18,000
Preformed Line Products Company PLPC 452 598.54 46.86 2,744
Optical Cable Corp OCC 30 64.91 -1.54 342
Belden Inc BDC 3,554 2,542.21 133.90 8,200
Commscope Holding Company Inc COMM 1,813 9,134.30 -265.00 20,000
Kaman Corporation KAMN 588 665.97 17.89 5,258
Avid Technology Inc AVID 1,315 420.38 45.20 1,522
Acacia Communications Inc ACIA 4,971 547.97 68.80 354
Houston Wire and Cable Co HWCC 89 269.51 -12.97 352
Ieh Corp IEHC 16 32.15 2.56 160
Encore Wire Corp WIRE 2,825 3,011.52 705.48 1,253
Counterpath Corp CPAH 26 13.87 0.74 99
Broadcom Inc. AVGO 232,544 31,680.00 10,125.00 21,000
Inphi Corp IPHI 9,075 682.95 -59.74 616
Maxlinear Inc MXL 2,926 1,043.40 97.81 753
Alpine 4 Holdings Inc. ALPP 110 79.70 -12.30 0
Amplitech Group Inc AMPG 21 17.84 -2.60 5
Clearfield Inc CLFD 1,694 270.88 49.36 230
Dzs Inc DZSI 334 373.58 -25.16 629
Franklin Wireless Corp FKWL 39 28.76 -4.04 67
Harmonic Inc HLIT 1,701 616.43 41.91 1,244
Infinera Corp INFN 1,462 1,487.56 -142.57 2,145
Pineapple Energy Inc PEGY 19 -2.06 -4.50 0
Lumentum Holdings Inc LITE 3,746 2,223.40 526.00 2,930
Netgear Inc NTGR 636 1,099.74 29.23 1,008
Parkervision Inc. PRKR 18 0.07 -9.52 45
Seachange International Inc SEAC 21 24.45 -27.37 286
Utstarcom Holdings Corp UTSI 167 15.92 -5.83 481
Westell Technologies Inc WSTL 13 29.95 -2.73 114
Minim Inc MINM 7 63.90 -9.59 0
Okta Inc OKTA 10,329 1,266.03 -321.19 5,030
Fastly Inc FSLY 1,248 411.12 -201.64 976
SUBTOTAL 602,736.84 150,895.32 27,032.20 277,474
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