CIEN - Ciena Corporation

NYSE - NYSE Delayed Price. Currency in USD
40.00
-0.30 (-0.74%)
At close: 4:01PM EDT
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Previous Close40.30
Open40.63
Bid40.06 x 800
Ask40.81 x 900
Day's Range39.94 - 40.95
52 Week Range28.23 - 46.78
Volume2,208,508
Avg. Volume2,706,937
Market Cap6.188B
Beta (3Y Monthly)0.78
PE Ratio (TTM)27.51
EPS (TTM)1.45
Earnings DateDec 11, 2019 - Dec 16, 2019
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est50.67
Trade prices are not sourced from all markets
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  • Business Wire

    SEA-ME-WE 5 Upgrades with Ciena’s GeoMesh Extreme

    Ciena (CIEN) recently completed a significant upgrade to the SEA-ME-WE 5 (South East Asia – Middle East – Western Europe 5) submarine cable system to support enterprise data exchange, internet TV, and online gaming. The upgrade – which was completed ahead of schedule – resulted in an 100% active capacity increase of the cable, enabling faster broadband access to users along the multi-regional data superhighway. The SEA-ME-WE 5 cable system is 20,000 km and spans across 17 countries.

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    How To Spot The Flat Base In This Kind Of Chart Action By Growth Stocks

    Ciena formed three bases over a long period of time. The third, a flat base, launched one of the biggest moves by growth stocks in recent months.

  • Why Ciena (CIEN) Stock Might be a Great Pick
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    Why Ciena (CIEN) Stock Might be a Great Pick

    Ciena (CIEN) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

  • Ciena Stock Slumps Despite Earnings Beat
    Investopedia

    Ciena Stock Slumps Despite Earnings Beat

    The telecom networking provider exceeded estimates, but declining Asia-Pacific revenues contributed to a slide in the stock price.

  • Bonds, Apple Event, Uber and Lyft Bill & Buy Ciena Stock - Free Lunch
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    Bonds, Apple Event, Uber and Lyft Bill & Buy Ciena Stock - Free Lunch

    What's next for the Fed and increased corporate bond buying. Apple's (AAPL) highly anticipated event Tuesday. Aurora Cannabis (ACB) earnings. A California bill could shake up Uber (UBER) and Lyft (LYFT). And why Ciena (CIEN) is a Zacks Rank 1 (Strong Buy) stock right now - Free Lunch

  • Is Ciena Corporation (NYSE:CIEN) Potentially Undervalued?
    Simply Wall St.

    Is Ciena Corporation (NYSE:CIEN) Potentially Undervalued?

    Ciena Corporation (NYSE:CIEN), which is in the communications business, and is based in United States, saw a decent...

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  • What Makes Ciena (CIEN) a New Strong Buy Stock
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    What Makes Ciena (CIEN) a New Strong Buy Stock

    Ciena (CIEN) has been upgraded to a Zacks Rank 1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

  • IEIC Welcomes New Founding Members Ford Motor Company, Henrico Virginia and DE-CIX
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    IEIC Welcomes New Founding Members Ford Motor Company, Henrico Virginia and DE-CIX

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  • Benzinga

    A Look At Benzinga Pro's Most-Searched Tickers For September 6, 2019

    This most-searched list is a feature included in Benzinga Pro's Newsfeed tool. It highlights stocks frequently searched by Benzinga Pro users on the platform. Telenav (NASDAQ: TNAV ) shares were up 4.9% ...

  • Thomson Reuters StreetEvents

    Edited Transcript of CIEN earnings conference call or presentation 5-Sep-19 12:30pm GMT

    Q3 2019 Ciena Corp Earnings Call

  • CIENA Corp (CIEN) Q3 2019 Earnings Call Transcript
    Motley Fool

    CIENA Corp (CIEN) Q3 2019 Earnings Call Transcript

    CIEN earnings call for the period ending August 30, 2019.

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  • Ciena Earnings Top Views, Stock Reverses On Guidance, Analyst Call
    Investor's Business Daily

    Ciena Earnings Top Views, Stock Reverses On Guidance, Analyst Call

    Ciena fiscal third-quarter earnings topped analysts views but the optical gear maker forecast October quarter sales to come in just above estimates. Ciena stock initially rose, then fell.

  • Ciena (CIEN) Q3 Earnings & Revenues Top Estimates, Up Y/Y
    Zacks

    Ciena (CIEN) Q3 Earnings & Revenues Top Estimates, Up Y/Y

    Strong competitive position and market share gains on the back of technology leadership and diversified customer base in high-growth markets drive Ciena's (CIEN) fiscal third-quarter results.

  • MarketWatch

    Ciena's stock swings sharply lower after downbeat gross margin outlook overshadows profit and revenue beats

    Shares of Ciena Corp. pulled a sharp U-turn Thursday, swinging to a loss of 6.9% in morning trading from an earlier premarket gain of as much as 9.7%, after the optical networking company provided a downbeat outlook on gross margin during its post-earnings conference call with analysts. Chief Financial Officer James Moylan said on the call that fiscal fourth-quarter adjusted gross margin was expected to be 42% to 43%, according to a FactSet transcript, which is down from 44.7% in the third quarter. When Jefferies analyst George Notter asked if the outlook is "sort of the new norm," Moylan responded by saying the company hasn't given up on getting to the mid-40s range for margins, but he "didn't know exactly when that's going to be," and didn't believe it was going to be next year, according to the FactSet transcript. Ciena also said it expected fourth-quarter revenue of $945 million to $975 million, which surrounded the FactSet consensus of $956 million. Earlier, the stock surged after Ciena reported third-quarter profit and revenue that rose above expectations. The stock has now gained 13.1% year to date, while the S&P 500 has advanced 18.4%.

  • Do Options Traders Know Something About Ciena (CIEN) Stock We Don't?
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    Do Options Traders Know Something About Ciena (CIEN) Stock We Don't?

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  • Ciena (CIEN) Q3 Earnings and Revenues Beat Estimates
    Zacks

    Ciena (CIEN) Q3 Earnings and Revenues Beat Estimates

    Ciena (CIEN) delivered earnings and revenue surprises of 24.56% and 3.23%, respectively, for the quarter ended July 2019. Do the numbers hold clues to what lies ahead for the stock?

  • Benzinga

    Ciena Trades Higher On Q3 Earnings Beat

    Ciena (NYSE: CIEN )  reported third-quarter earnings of 71 cents per share, which beat the analyst consensus estimate of 57 cents. This is a 47.92% increase over earnings of 48 cents per share from the ...

  • MarketWatch

    Ciena's stock surges after profit and revenue rise, beat expectations

    Shares of Ciena Corp. shot up 8.6% in premarket trading Thursday, after the optical networking company reported fiscal third-quarter profit and revenue that rose above expectations, and provided an upbeat full-year outlook. Net income for the quarter to July 31 rose to $86.7 million, or 55 cents a share, from $50.8 million, or 34 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS was 71 cents, above the FactSet consensus of 58 cents. Total revenue increased 17.3% to $960.6 million, beating the FactSet consensus of $932.5 million, as total networking platforms revenue grew 17.5% to $796.1 million to top expectations of $753.2 million. Gross margin improved to 44.2% from 42.9%. "Looking ahead, fiscal 2019 will be an extraordinary year for Ciena, including substantial revenue growth and increased profitability," said Chief Executive Gary Smith. The stock has rallied 14.8% over the past three months through Wednesday, while the S&P 500 has gained 4.0%.

  • TheStreet.com

    [video]Ciena Rings In Better-Than-Expected Third-Quarter Earnings, Revenue

    Telecommunications company Ciena reports adjusted fiscal third-quarter earnings and revenue that beat analysts' forecasts on strong demand for its networking platforms and related software and services.

  • Benzinga

    Ciena's Q3 Earnings Outlook

    On Thursday, September 5, Ciena (NYSE: CIEN ) will release its latest earnings report. Benzinga's outlook for Ciena is included in the following report. Earnings and Revenue Ciena EPS is expected to be ...

  • Ciena (CIEN) to Report Q3 Earnings: What's in the Offing?
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    Ciena (CIEN) to Report Q3 Earnings: What's in the Offing?

    Proper execution of operational strategies coupled with a strong set of favorable industry dynamics is likely to drive Ciena's (CIEN) third-quarter fiscal 2019 earnings.