Ciena Earnings, Revenue Fall But Top Estimates

07:16am, Wednesday, 04'th Sep 2024
Ciena edged higher after reporting fiscal Q3 profit and revenue that fell vs. a year earlier but topped views.
CIEN's fiscal third-quarter performance is likely to have been affected by slower-than-expected normalization of order volumes from the service providers.
Ciena Corporation CIEN and Arelion have achieved a milestone with the world's first 1.6 terabits-per-second (Tb/s) wavelength data transmission in a live network field trial. Utilizing Ciena's advance
Besides Wall Street's top -and-bottom-line estimates for Ciena (CIEN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quar
Ciena's (CIEN) coherent routing solutions are utilized by Bhutan Telecom to streamline network infrastructure and boost the customer experience.
Sodvin AS taps Ciena's (CIEN) XGS-PON solution to deliver broadband services with a superfast speed of 10 Gb/s PON across the Trondelag region of Norway.
The combined Nokia and Infinera will have a market share of around 20% globally, broadly equal to Ciena but lagging Huawei's 31% share.
TDC NET taps Ciena's (CIEN) wide-ranging innovative solutions to bolster its metro and long-haul networks, enabling sustainable service delivery.
Network infrastructure solutions provider Ciena Co. NYSE: CIEN plays a critical role in the artificial intelligence (AI) revolution. AI platforms require computing power, data storage speed and capaci
HANOVER, Md.--(BUSINESS WIRE)--Danish digital infrastructure provider TDC NET will deploy Ciena's (NYSE: CIEN) converged packet optical solutions to upgrade its metro and long-haul networks with 800G
CIEN's 2Q24 earnings exceeded expectations, with revenue of $911 million and gross margins of 43.5%. Management guidance for 3Q23 was not positive, but FY24 revenue guide remains strong, indicating a
Morgan Stanley analyst Meta Marshall upgraded Ciena Corp CIEN from Equal-Weight to Overweight and raised the price target from $53 to $55.
Ciena's (CIEN) GeoMesh Extreme solution, powered by WL6e, is utilized by Seren Juno Network and Seren Juno Network America in order to accelerate the process of digitization in Japan.
TOKYO--(BUSINESS WIRE)--Seren Juno Network Co., Ltd. and Seren Juno Network America Inc (Seren), operator of the NTT DATA-led JUNO submarine cable system, will deploy Ciena's (NYSE: CIEN) GeoMesh Extr
Review Ciena's (CIEN) international revenue performance and how it affects the predictions of financial analysts on Wall Street and the future prospects for the stock.
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