CSIMarket
 

Ciena Corp  (CIEN)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology

Ciena's

Competitiveness


 

CIEN Sales vs. its Competitors Q4 2023



Comparing the current results to its competitors, Ciena reported Revenue decrease in the 4 quarter 2023 year on year by -1.78 %, despite the revenue increase by the most of its competitors of 2.53 %, recorded in the same quarter.

List of CIEN Competitors

With a net margin of 4.77 % Ciena achieved higher profitability than its competitors.

More on CIEN Profitability Comparisons



Revenue Growth Comparisons




Net Income Comparison


Ciena CorpNet Income in the 4 quarter 2023 fell year on year by -35.01%, while most of its competitors have experienced a contraction in net income by -42.06 %.

<<  CIEN Stock Performance 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 Q4 2023

Overall company, revenue fell by -1.78 % and company lost market share, to approximately 2.87 %.




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

  News about Ciena Corp Contracts

Vocus and Ciena's WaveLogic 6 Technology: A Gamechanger in Telecommunications

Vocus to Implement Ciena's WaveLogic 6 Technology for Enhanced Bandwidth and Cost-EffectivenessSYDNEY - Vocus, a prominent telecommunications company, has announced its plans to deploy Ciena's advanced WaveLogic 6 Extreme (WL6e) coherent technology, capable of delivering an impressive 1.6 terabits per second (Tb/s), across its long haul and metro links. This groundbreaking coherent optic solution not only satisfies the growing demand for bandwidth but also significantly reduces energy consumption, leading to greater cost-effectiveness and network reliability.By adopting Ciena's industry-leading technology, Vocus aims to address the ever-increasing bandwidth requirements of its customers. With data consumptio...

Hawaiki Cable and Ciena Surge Ahead with Revolutionary 400GbE Services, Outstripping Competitors in Q2 Revenue Growth

Investment...





Who are Ciena Corp's Competitors?




Amdocs Limited
Share Performance



+1.86%
30 Days



Amdocs Limited
Profile

is a leading provider of software and services for more than 350 communications, Pay TV, entertainment and media industry

More about Amdocs Limited's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,103.200 mill. $ 4,887.550 mill. $ 542.962 mill.


Cisco Systems Inc
Share Performance



-2.45%
This Year



Cisco Systems Inc
Profile

Cisco Systems Inc is a multinational corporation that specializes in designing, manufacturing, and selling networking and communication technology equipment and services to businesses and organizations worldwide.

More about Cisco Systems Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 200,676.710 mill. $ 57,233.000 mill. $ 13,442.000 mill.


Adtran Holdings Inc
Share Performance



-25.03%
This Year



Adtran Holdings Inc
Profile

Adtran Holdings Inc is a telecommunications equipment supplier and software development company.

More about Adtran Holdings Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 436.627 mill. $ 954.032 mill. $ -117.362 mill.


Corning Inc
Share Performance



-2.71%
One Year



Corning Inc
Profile

Corning Inc's business model revolves around the manufacturing and sale of specialty glass and ceramic products. Their focus is on innovation and technology, providing solutions to various industries such as telecommunications, automotive, and life sciences.

More about Corning Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 27,623.132 mill. $ 12,588.000 mill. $ 648.000 mill.


Juniper Networks Inc
Share Performance



+25.12%
This Year



Juniper Networks Inc
Profile

Juniper Networks Inc is a multinational corporation that operates in the networking industry, specializing in the development and sale of high-performance networking products and services.

More about Juniper Networks Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,986.781 mill. $ 5,563.900 mill. $ 310.200 mill.


F5 Inc
Share Performance



+6.30%
This Year



F5 Inc
Profile

F5 Inc's business model revolves around providing application delivery services and solutions.

More about F5 Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 11,175.990 mill. $ 2,804.691 mill. $ 460.928 mill.


Motorola Solutions inc
Share Performance



+9.11%
This Year



Motorola Solutions inc
Profile

Motorola Solutions Inc operates as a provider of communication and mission-critical solutions for organizations worldwide. Their business model centers around designing, developing, and selling various communication systems, devices, software, and services tailored to meet the needs of public safety, government agencies, and industries. By leveraging their expertise in technology and delivering integrated solutions, they aim to ensure efficient and reliable communication during critical situations.

More about Motorola Solutions inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 58,520.772 mill. $ 9,978.000 mill. $ 1,714.000 mill.


Preformed Line Products Company
Share Performance



-1.55%
This Quarter



Preformed Line Products Company
Profile

Preformed Line Products Company operates through a business model that involves designing, manufacturing, and distributing products and systems for the energy, communications, and solar markets globally. Their focus lies in delivering innovative solutions while ensuring customer satisfaction and building long-term relationships within the industries they serve.

More about Preformed Line Products Company's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 632.083 mill. $ 693.213 mill. $ 73.516 mill.


Optical Cable Corporation
Share Performance



+2.50%
30 Days



Optical Cable Corporation
Profile

Optical Cable Corporation's business model focuses on the manufacturing and distribution of specialized fiber optic and copper data communication cabling solutions to various industries.

More about Optical Cable Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 22.725 mill. $ 67.724 mill. $ -0.169 mill.


Belden Inc
Share Performance



+19.60%
This Quarter



Belden Inc
Profile

Belden Inc's business model revolves around designing, manufacturing, and distributing connectivity and networking products for various industries.

More about Belden Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,724.592 mill. $ 2,512.084 mill. $ 242.556 mill.


Commscope Holding Company Inc
Share Performance



-27.05%
This Quarter



Commscope Holding Company Inc
Profile

Commscope Holding Company Inc operates as a provider of infrastructure solutions for communication networks.

More about Commscope Holding Company Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 319.969 mill. $ 7,836.400 mill. $ -2,034.600 mill.


Kaman Corporation
Share Performance



+0.02%
Over The Past 5 Days



Kaman Corporation
Profile

Kaman Corporation operates as a diversified aerospace and industrial distribution company. Their business model involves providing components and systems to customers in the aerospace and defense industry, as well as offering industrial distribution services across various sectors.

More about Kaman Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,303.024 mill. $ 775.854 mill. $ 7.947 mill.


Avid Technology Inc
Share Performance



+8.25%
One Year



Avid Technology Inc
Profile

Avid Technology Inc is a multimedia software company that adopts a business model of providing industry-leading solutions for creating, managing, and distributing digital media content. They offer a range of products and services tailored to the needs of professionals in the media and entertainment industry.

More about Avid Technology Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,195.411 mill. $ 413.461 mill. $ 12.949 mill.


Ieh Corporation
Share Performance



-7.91%
30 Days



Ieh Corporation
Profile

Ieh Corp operates as a technology consulting firm, offering a wide range of services to various industries. Their business model primarily focuses on providing customized solutions and technical expertise to help organizations streamline their operations and maximize efficiency. Through their consultative approach, Ieh Corp aims to establish long-term partnerships with clients, delivering innovative strategies and cutting-edge solutions tailored to their specific needs.

More about Ieh Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 15.206 mill. $ -45,693.306 mill. $ -14.689 mill.


Encore Wire Corporation
Share Performance



+28.46%
One Year



Encore Wire Corporation
Profile

Encore Wire Corp is a manufacturer of electrical building wires and cables, primarily focused on the residential and commercial construction markets. The company follows a vertically integrated business model, which means they oversee the manufacturing process from raw materials to the finished product, allowing for cost control and quality assurance. Encore Wire Corp distributes its products through a mix of independent distributors and retailers to reach customers across the United States.

More about Encore Wire Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,886.592 mill. $ 2,498.405 mill. $ 334.625 mill.


Broadcom Inc
Share Performance



+20.04%
This Quarter



Broadcom Inc
Profile

Broadcom Inc's business model revolves around designing and manufacturing a wide range of semiconductor devices and solutions. They cater to various industries including wired infrastructure, wireless communications, enterprise storage, industrial, and automotive markets. Their strategy involves developing high-performance and cost-effective products to meet the demands of these industries, while also focusing on innovation and customer relationships to maintain a competitive edge.

More about Broadcom Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 576,978.500 mill. $ 38,865.000 mill. $ 11,633.000 mill.


Maxlinear Inc
Share Performance



-22.79%
This Year



Maxlinear Inc
Profile

MaxLinear Inc. operates as a semiconductor company that designs and sells integrated circuits for use in broadband and networking applications. They focus on providing high-performance analog and mixed-signal semiconductor solutions to customers in various industries.

More about Maxlinear Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,426.768 mill. $ 692.663 mill. $ -73.147 mill.


Alpine 4 Holdings Inc
Share Performance



+22.84%
This Year



Alpine 4 Holdings Inc
Profile

Alpine 4 Holdings Inc operates as a holding company with a diversified business model, focusing on acquiring businesses that complement its existing portfolio and have the potential for growth. The company primarily aims to generate long-term value for its shareholders through strategic acquisitions, operational improvements, and fostering synergy among its subsidiaries.

More about Alpine 4 Holdings Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 18.629 mill. $ 105.849 mill. $ -20.560 mill.


Amplitech Group Inc
Share Performance



+8.28%
This Quarter



Amplitech Group Inc
Profile

Amplitech Group Inc is a business that focuses on designing, manufacturing, and selling high-performance microwave amplifiers and other related components. They cater to various industries such as aerospace, defense, wireless communication, and medical imaging. Their business model revolves around creating cutting-edge products, maintaining strong relationships with clients, and continuously innovating to meet evolving market demands.

More about Amplitech Group Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 17.681 mill. $ 15.848 mill. $ -2.831 mill.


Clearfield Inc
Share Performance



+7.90%
This Quarter



Clearfield Inc
Profile

Clearfield Inc is a leading provider of fiber management and connectivity solutions. Their business model relies on designing, manufacturing, and distributing innovative products that simplify the deployment and maintenance of fiber optic networks. Clearfield Inc primarily caters to telecommunications companies, broadband service providers, and utility companies, offering a comprehensive range of customizable and scalable products.

More about Clearfield Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 450.912 mill. $ 216.034 mill. $ 13.010 mill.


Dzs Inc
Share Performance



-83.68%
One Year



Dzs Inc
Profile

Dzs Inc is a business analytics and consulting company that provides data-driven solutions and advisory services to help organizations optimize their operations, enhance customer experiences, and drive growth. They leverage advanced technologies and domain expertise to deliver actionable insights and drive business transformation for their clients across various industries.

More about Dzs Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 39.964 mill. $ 375.691 mill. $ -37.431 mill.


Franklin Wireless Corp
Share Performance



-39.16%
One Year



Franklin Wireless Corp
Profile

Franklin Wireless Corp's business model revolves around designing, developing, and manufacturing wireless communication devices and solutions, catering to a wide range of industries. They aim to provide innovative and reliable products to their customers, while maintaining strong partnerships with various wireless carriers and distributors worldwide.

More about Franklin Wireless Corp 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ - mill. $ 47.359 mill. $ -2.421 mill.


Harmonic Inc
Share Performance



+18.84%
This Quarter



Harmonic Inc
Profile

Harmonic Inc is a leading provider of video delivery solutions and services. Their business model revolves around designing and selling video infrastructure products, software solutions, and providing professional services to media companies and service providers. They focus on enabling their customers to efficiently deliver high-quality video content to various devices and networks worldwide.

More about Harmonic Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,464.062 mill. $ 607.545 mill. $ 83.994 mill.


Infinera Corporation
Share Performance



-3.82%
This Year



Infinera Corporation
Profile

Infinera Corporation operates on a business model focused on designing, manufacturing, and selling optical networking products and solutions used by telecommunications service providers, data centers, and enterprises worldwide. Their products and services aim to enable high-speed communication and efficient data transfer through the use of advanced optical technology.

More about Infinera Corporation's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,023.427 mill. $ 1,644.250 mill. $ -7.145 mill.


Pineapple Energy Inc
Share Performance



+9.23%
Over The Past 5 Days



Pineapple Energy Inc
Profile

Pineapple Energy Inc operates on a subscription-based model, providing renewable energy solutions to commercial and residential customers, including solar panels, energy storage, and energy management software. The company generates revenue through recurring monthly fees for its services and equipment, aiming to reduce customers' reliance on traditional energy sources and lower their overall energy costs.

More about Pineapple Energy Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 0.666 mill. $ 72.838 mill. $ -17.484 mill.


Lumentum Holdings Inc
Share Performance



-2.82%
Over The Past 5 Days



Lumentum Holdings Inc
Profile

Lumentum Holdings Inc operates as a global provider of optical and photonic products for a wide range of industries. Their business model revolves around designing, manufacturing, and distributing cutting-edge solutions that enable the development of advanced optical communication and laser technology. The company's focus lies in delivering innovative products, such as optical components, modules, and subsystems, to support telecommunications, data center, and industrial applications around the world.

More about Lumentum Holdings Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 3,060.960 mill. $ 1,361.300 mill. $ -39.200 mill.


Netgear Inc
Share Performance



+2.10%
This Year



Netgear Inc
Profile

Netgear Inc operates under a business model that focuses primarily on the design, manufacturing, and distribution of networking hardware products and related services for home and small business users. They strive to offer reliable and easy-to-use networking solutions that enable seamless connectivity and support for various internet-enabled devices.

More about Netgear Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 430.755 mill. $ 800.312 mill. $ -109.142 mill.


Parkervision Inc
Share Performance



+10.78%
30 Days



Parkervision Inc
Profile

Parkervision Inc is a technology company that specializes in the development and licensing of wireless technology products and solutions. Their business model revolves around creating and selling innovative wireless technologies to manufacturers, as well as licensing their intellectual property to generate revenue. By focusing on research and development, Parkervision aims to generate continuous growth and profitability within the wireless technology industry.

More about Parkervision Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 15.971 mill. $ - mill. $ 6.982 mill.


Seachange International Inc
Share Performance



0.00%
This Quarter



Seachange International Inc
Profile

Seachange International Inc operates as a software company, providing solutions for the management, distribution, and monetization of video content across various platforms. Its business model focuses on developing, licensing, and supporting software products and services that enable media companies to deliver personalized video content to consumers.

More about Seachange International Inc's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 13.109 mill. $ 27.579 mill. $ -5.148 mill.


Utstarcom Holdings Corp
Share Performance



-22.02%
This Year



Utstarcom Holdings Corp
Profile

Utstarcom Holdings Corp is a global telecommunications equipment company that focuses on providing networking and broadband access solutions. They primarily operate in the areas of network infrastructure, software, and services. Their business model revolves around developing and selling innovative products and providing comprehensive solutions to telecommunication service providers worldwide.

More about Utstarcom Holdings Corp 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 23.727 mill. $ 14.052 mill. $ -5.002 mill.


Minim Inc
Share Performance



+235.26%
This Year



Minim Inc
Profile

Minim Inc is a technology company that provides innovative solutions for home Wi-Fi and network security. Their business model centers around developing and marketing hardware and software products that optimize and protect home networks. By offering a range of products and subscription services, they aim to cater to both individual consumers and service providers in the telecommunications industry.

More about Minim Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 12.045 mill. $ 33.136 mill. $ -21.010 mill.


Okta Inc
Share Performance



+21.12%
30 Days



Okta Inc
Profile

is the leading independent identity provider

More about Okta Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 17,357.373 mill. $ 1,858.000 mill. $ -815.000 mill.


Fastly Inc
Share Performance



-27.04%
This Quarter



Fastly Inc
Profile

fuels the next modern digital experience by providing developers with a programmable and reliable edge cloud platform that they adopt as their own

More about Fastly Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,628.067 mill. $ 505.328 mill. $ -133.088 mill.


Audiocodes ltd
Share Performance



-15.24%
One Year



Audiocodes ltd
Profile

Audiocodes Ltd operates within the telecommunications industry, specializing in the development and manufacturing of voice over IP (VoIP) products and solutions. The company mainly generates revenue by selling its hardware, software, and services to customers worldwide. They employ a business model that combines innovative technology, extensive market reach, and comprehensive customer support to provide cutting-edge communication solutions to enterprises and service providers.

More about Audiocodes ltd's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 406.577 mill. $ 275.093 mill. $ 28.466 mill.


Digi International Inc
Share Performance



-1.59%
30 Days



Digi International Inc
Profile

Digi International Inc operates as a provider of Internet of Things (IoT) connectivity solutions and services. They offer a range of products, including wireless modules, gateways, routers, and cloud-based software platforms. Their business model centers around enabling secure and reliable communication between devices and systems, facilitating data collection and analysis, and supporting IoT deployments for various industries.

More about Digi International Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,052.799 mill. $ -332,356.531 mill. $ 15.937 mill.


A10 Networks Inc
Share Performance



+4.84%
30 Days



A10 Networks Inc
Profile

A10 Networks Inc operates as a provider of networking and security solutions. Their business model revolves around developing and selling software and hardware products, along with associated support and maintenance services, to enterprises, service providers, and cloud providers worldwide.

More about A10 Networks Inc 's Market Share

Market Cap. Revenues TTM Net Income TTM
$ 1,034.007 mill. $ 258.908 mill. $ 28.433 mill.



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com