|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||21.24 - 21.54|
|52 Week Range||19.40 - 27.98|
|PE Ratio (TTM)||2.83|
|Earnings Date||Mar 6, 2018 - Mar 12, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||26.96|
Ciena's (CIEN) fiscal fourth-quarter 2017 results benefit from its diversified product portfolio and expanding total addressable market. However, increase in expenses remains an overhang on the bottom line.
Stocks are poised to climb on Friday following an upbeat jobs report. S&P 500 futures and Dow Jones Industrial futures are both up 0.3%, while Nasdaq futures are climbing 0.6%. As for specific stocks, ...
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Ciena Corp.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bearish Closing Price above/below 200 Day Moving Average Bearish 50 ... Read more (Read more...)
The optical systems maker fell short on earnings and missed on revenue Thursday. Ciena also announced a stock buyback.
Following a report this morning by fiber-optic pioneer Ciena (CIEN) of fiscal Q4 revenue that topped analysts’ expectations, but lower-than-expected earnings per share, an outlook for revenue growth the next few years that is faster than the market overall, and an announcement of its first-ever share buyback ever, shares are down 27 cents, or 1.2%, at $20.90. Chief executive Gary Smith was kind enough to speak with me by phone following the results. "We continue to grow the top line and the bottom line,” said Smith, regarding the rise of revenue of 3.9% to $744.4 million, which topped onsnuss of $736.9 million.
Ciena Corp. reported a $1.16 billion profit — mainly due to a big tax benefit related a change in the company's accounting methods — but saw its stock fall after missing analyst estimates. In the year-ago quarter, Ciena had earnings of 25 cents per share. On an adjusted basis under Ciena's old accounting method, the company had net income of $68.8 million, or 46 cents per share.
Stocks stumbled out to a mixed start, then turned positive Thursday, helped by strong early moves from Broadcom, Lululemon and Dollar General.
On a per-share basis, the Hanover, Maryland-based company said it had profit of $7.32. Earnings, adjusted for one-time gains and costs, came to 46 cents per share. The results fell short of Wall Street ...
Shares of Ciena Corp. dropped 3.6% in premarket trade Thursday, after the networking technology company reported a fiscal fourth-quarter profit that missed expectation, although sales beat. Net income ...
Ciena® , a network strategy and technology company, today announced that its Board of Directors has authorized a program to repurchase up to $300 million of the company’s common stock through the end of fiscal 2020.
Ciena® Corporation , a network strategy and technology company, today announced unaudited financial results for its fiscal fourth quarter and year ended October 31, 2017.
Ciena's (CIEN) fiscal fourth-quarter 2017 results are likely to benefit from growing demand for its products. However, uncertainty related to government orders remains a concern.
Categories: Fundamental Analysis Yahoo FinanceClick here to see latest analysis Capitalcube gives Ciena Corp. a score of 63. Our analysis is based on comparing Ciena Corp. with the following peers – Infinera Corporation, ADTRAN, Inc., Juniper Networks, Inc., Calix, Inc. and Cisco Systems, Inc. (INFN-US, ADTN-US, JNPR-US, CALX-US and CSCO-US). Investment Outlook Ciena Corp. has a fundamental score of ... Read more (Read more...)
Aecero, a data center provider in Southern California, has selected Ciena’s packet networking and converged packet optical platforms to support the launch of the Aecero Cloud Exchange service, helping to tackle the “last mile” challenge of cloud computing — reaching the cloud.
Categories: ETFs Yahoo FinanceGet full CapitalCube analysis *Disclaimer : This is as of previous day’s closing price. Technical Indicators Below is a quick look at 5 technical indicators for Ciena Corp.. More studies are available on the Technical Chart. Indicator Signal Closing Price above/below 50 Day Moving Average Bullish Closing Price above/below 200 Day Moving Average Bearish 50 ... Read more (Read more...)
Ciena is well-positioned to rebound in 2018, says Bank of America/Merrill Lynch, which upgraded it to buy ahead of earnings.
Vincent Communications and Controls Ltd. expands its service capabilities by deploying Ciena’s packet networking platforms to address growing bandwidth needs for mobile backhaul and business services.
Ciena and its partner Kapsch CarrierCom have been selected by ONTRAS Gastransport GmbH to implement a highly-reliable packet network. The network upgrade will enable Germany’s second largest gas transmission operator to introduce new security features to its facilities, improve data processing and address current and forthcoming industry legislation.
Categories: ETFs Yahoo FinanceClick here to see latest analysis ETFs with exposure to Ciena Corp. Here are 5 ETFs with the largest exposure to CIEN-US. Comparing the performance and risk of Ciena Corp. with the ETFs that have exposure to it gives us some ETF choices that could give us similar returns with lower volatility. Ticker Fund Name ... Read more (Read more...)
Many smaller tech stocks have significant upside, and are likely to attract buyers when investors' love affair with the big players fades.