26.62 0.00 (0.00%)
After hours: 4:59PM EDT
|Bid||26.65 x 100|
|Ask||27.10 x 700|
|Day's Range||25.89 - 26.84|
|52 Week Range||19.40 - 27.98|
|PE Ratio (TTM)||5.66|
|Earnings Date||May 30, 2018 - Jun 4, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||30.31|
Optical-technology stocks are having a second really bad week after the U.S. Department of Justice opened a criminal investigation into China’s privately held Huawei, which buys parts from the optical companies. While the component maker shares crashed, some analysts see potential benefit for the two optical-systems makers that compete most closely with Huawei, Ciena (CIEN) and Infinera (INFN). The Wall Street Journal’s Stu Woo and Aruna Viswanatha relate that multiple unnamed sources say the DoJ is “investigating whether Huawei Technologies Co. violated U.S. sanctions related to Iran.” This is just the latest action against Iran, which has long been blocked from selling telecom equipment to U.S. carriers by the U.S. government.
Organizations across the globe are transforming their networks with intelligent automation, programmable optics and advanced analytics capabilities to be able to adapt and respond dynamically to changing market demands.
There could be upside for Ciena from the U.S. Commerce Department's decision to ban domestic firms from selling components to Chinese telecom gear maker ZTE, two analysts say.
Stock Monitor: EXFO Inc. Post Earnings Reporting LONDON, UK / ACCESSWIRE / April 17, 2018 / Active-Investors.com has just released a free earnings report on Ciena Corp. (NYSE: CIEN )). If you want access ...
Ciena was saddened to learn that Harvey B. Cash, a member of Ciena’s Board of Directors, passed away on April 10, 2018. Berry, as he was known to friends and colleagues, joined Ciena’s Board in 1994 and served as a member of the Compensation Committee and the Governance and Nominations Committee of the Board at the time of his passing, and previously served as the Board’s Lead Independent Director....
Finisar Corporation (FNSR) was a big mover last session, as the company saw its shares rise more than 6% on the day amid huge volumes.
Ciena (CIEN) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Finisar (FNSR) has witnessed a significant price decline in the past four weeks, and it has seen negative earnings estimate revisions as well.
Ciena Corporation (CIEN) could be an interesting play for investors as it is seeing solid activity on the earnings estimate revision, along with decent short-term momentum.
Ciena is introducing enhanced policy capabilities into its Blue Planet intelligent automation platform that incorporates the architectural framework from the Linux Foundation’s open-source Open Networking Automation Platform to aid network providers’ evolution to more adaptive, software-centric networks.
The other day I had lunch with Ciena (CIEN) chief financial officer Jim Moylan. Over a nice tuna niçoise, we discussed cloud computing, telcos and the outlook for Ciena’s chip business. For example, on the matter of cash balances, when I asked how much net cash Ciena should maintain — some companies such as Apple (AAPL) have promised to reduce it to zero, or almost zero — Moylan declined to list a figure or a percentage.
A number of analysts have been at the Optical Network and Communication Conference, or OFC as it’s known, in San Diego, California, kicking the tires. Among them, Goldman Sachs’s Doug Clark and Rod Hall came away with some favorable impressions of Cisco Systems (CSCO) and Ciena (CIEN). The analysts write that “investor attendance and interest was once again high, especially with industry consolidation top of mind following the announcement on March 12 of Lumentum’s (LITE) intent to acquire Oclaro (OCLR)." The authors met with Ciena’s CTO Steve Alexander and with CFO Jim Moylan and came away enthusiastic about the company’s standing in, for example, “400G” networking, the movement of 400 billion bits per second in fiber optic pipes: Ciena has been shipping 400G optical systems (leveraging its WaveLogic Ai chipset) for several quarters.
TORONTO, March 13, 2018-- SMTC Corporation, a global electronics manufacturing services provider, today announced that it has appointed Steve Waszak as Chief Financial Officer and Sr. Vice President of ...
Ciena is taking its industry-leading packet-optical portfolio to another level by adding important aggregation, scale and programmability capabilities that help providers support densification efforts.
Network technology name Ciena Corporation (NYSE: CIEN ) reported above-consensus adjusted earnings per share and 4-percent year-over-year revenue growth for the first quarter of 2018 on Tuesday. The ...
Ciena's (CIEN) first-quarter fiscal 2018 results gain from strong growth in Asia Pacific as well as high adoption of Blue Planet and Waveserver platforms.