23.50 +0.16 (0.69%)
After hours: 6:13PM EST
|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||22.94 - 23.34|
|52 Week Range||19.40 - 27.98|
|PE Ratio (TTM)||3.10|
|Earnings Date||Mar 6, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.96|
Ciena Corp. CEO Gary Smith saw his compensation rise 23 percent in 2017 as the networking company reached most of its performance goals. Smith's compensation totaled $7.6 million in 2017, compared to $6.2 million the prior year, according to Ciena's proxy statement filed Monday with the U.S. Securities and Exchange Commission. Hanover-based Ciena said the amount of stock awarded to its executives was identical to the previous year’s awards, but the stock's value increased 32 percent year-over-year.
In the Listen Live section, the Registration link should be www.virtualshareholdermeeting.com/ciena2018.
Windstream (WIN) is likely to gain from improving sales, cost cutting and pricing-initiative plans, SD-WAN and cloud suite in Q4. Access line losses are likely to hurt.
Sweden’s Eastern Light, a company building a series of new, international, submarine fiber-optic cable routes in northern Europe, has selected Ciena’s GeoMesh solution to help meet the fast-growing demand for long-haul dark fiber in the region.
NEW YORK, Feb. 20, 2018-- In new independent research reports released early this morning, Fundamental Markets released its latest key findings for all current investors, traders, and shareholders of Spire ...
Quantitative hedge funds have been on an absolute tear over the past few months, posting gains in 15 of the past 17 weeks according to data compiled by Societe Generale. Quant funds, which include some of the biggest hedge funds in the world, use algorithms to instantly trade stocks based on any number of preset […]
Ciena® Corporation expects to announce financial results for its fiscal first quarter ended January 27, 2018 on Tuesday, March 6, 2018 at approximately 7:00 a.m. Eastern.
Current 4G and future 5G networks require massively agile and scalable wireline networks. To address these performance demands, Ciena has developed innovative 5G Network Solutions to help operators scale their current 4G networks, while simultaneously preparing for the impending evolution toward 5G.
Greater Baltimore's biggest public companies are feeling the effect of the biggest drop in the stock market since Donald Trump became president. In 2017, it seemed like the stock market was setting a new record almost every day, and as the new year began, the Dow Jones industrial average broke 25,000 points for the first time. The market's fall was seen in the stock prices of companies like Under Armour Inc., T. Rowe Price and Legg Mason Inc.
Amazon (AMZN), Alphabet’s (GOOGL) Google, Microsoft (MSFT), and Facebook (FB) — bode well for networking systems and component makers including Arista Networks (ANET), Finisar (FNSR), and Ciena (CIEN), writes Raymond James analyst Simon Leopold. Leopold, who’s been watching their respective reports — Google and Amazon Thursday afternoon, Microsoft and Facebook on Wednesday — totals their spending Q4 as $12.19 billion.
Jisc, which operates the busiest National Research and Education Network in Europe by volume of data carried, is deploying Ciena’s 6500 packet-optical platform powered by WaveLogic Ai coherent optics to provide unprecedented high-capacity 400G wavelength connectivity.
Shares of fiber optic component suppliers are generally weaker today following a warning late Friday by contract electronics manufacturer Sanmina-SCI (SANM) that its revenue and profit will miss fiscal Q1 expectations, and next quarter as well, hit by hiccups in some of its projects, and by the impact of tax reform. Dave Kang of B. Riley & Co., who follows several of the optical names, warns that this means a tough Q1 for fiber names such as Lumentum (LITE), Oclaro (OCLR), and Ciena (CIEN). The warning is "additional evidence that C1Q18 will be weak” for communications components, writes Kang, "with a pick up in demand starting in C2H18." That, he notes, is similar to what the management of component vendor Inphi (IPHI) said at an investment conference last week.
Ciena is introducing new capabilities that allow submarine cable operators to better address surging bandwidth demand driven by video-centric streaming, virtual reality, the Internet of Things, and future applications such as 5G.
Moody's Investors Service upgraded Ciena Corporation's corporate family rating to Ba2 from Ba3. The ratings outlook is stable. The upgrade of the CFR to Ba2 reflects Moody's expectations that Ciena will ...
An analyst says Lumentum Holdings and Finisar are "warming up" to potential acquisitions amid industry consolidation.
With Ciena Corporation (NYSE: CIEN ) and other optical peers navigating a maturing optical market in 2017, the decks are now cleared for outperformance over the next year, according to Goldman Sachs. ...
Shares of telecom equipment supplier Ciena Corp. rose 3.2% in Tuesday morning trading following an upgrade to buy from analysts at Goldman Sachs. "We view Ciena as a key beneficiary of a more bullish ...
Ciena® Corporation today announced its expected participation in the following upcoming event with the financial community. The event will be webcast live and recorded.
Cloud computing, network virtualization, HD video and other high-bandwidth services are putting extra pressure on today’s data centers and networks. Escalating costs due to power consumption, rack space limitations and related cooling issues are prevalent on the minds of service providers today.
Stock Monitor: Ciena Post Earnings Reporting LONDON, UK / ACCESSWIRE / January 02, 2018 / Active-Investors.com has just released a free research report on Qualcomm Inc. (NASDAQ: QCOM ). If you want access ...