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CIENA Corp. - CIEN STOCK NEWS

Welcome to our dedicated news page for CIENA (Ticker: CIEN), a resource for investors and traders seeking the latest updates and insights on CIENA.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect CIENA's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of CIENA's position in the market.

News
Ciena Announces Reporting Date and Web Broadcast for Fiscal First Quarter 2024 Results
Rhea-AI Summary
Ciena Corporation (CIEN) is set to announce its fiscal first quarter financial results on March 7, 2024. The announcement will include supporting materials and a live audio web broadcast accessible through their website. An archived version of the conference call will also be available for those unable to participate in the live broadcast.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
earnings
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News
Aqua Comms Announces Trans-Atlantic Subsea Spectrum Agreement with Energy Sciences Network
Rhea-AI Summary
Aqua Comms announced a long-term lease agreement with ESnet for 25% of a fibre pair between New York, Dublin, and London. This agreement marks the first Trans-Atlantic spectrum acquisition by ESnet, providing a dedicated 5 Tbps data pipe for scientific research. Aqua Comms is leveraging Ciena's GeoMesh Extreme submarine network solution to support customers' connectivity and bandwidth needs.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.26%
Tags
none
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News
Southern Cross Targets Pacific Record with Ciena’s WaveLogic 6
Rhea-AI Summary
Southern Cross, an international capacity provider, plans to deploy Ciena's WL6e technology for 800 Gb/s wavelengths across the Pacific, aiming to provide reliable, energy-efficient, and high-bandwidth connections. The deployment is part of the Southern Cross NEXT expansion plans and will contribute to improved network performance across the region. Ciena's technology enables Southern Cross to quickly respond to network demands driven by cloud-based services and emerging applications.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.39%
Tags
none
News
Vocus to Roll Out 1.6 Tb/s Technology with Ciena’s WaveLogic 6
Rhea-AI Summary
Vocus will deploy Ciena's WaveLogic 6 Extreme (WL6e) 1.6 Tb/s coherent technology to improve network power efficiency and boost capacity to support cloud and AI demands. This will enable Vocus to benefit from greater cost-effectiveness and reliability, solidifying its position as a leading carrier providing reliable and cost-effective connectivity across Australia and New Zealand.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.26%
Tags
none
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News
Hawaiki Offers 400GbE Services Enabled by Ciena
Rhea-AI Summary
BW Digital offers commercial 400GbE services on the Hawaiki Transpacific Cable with Ciena's GeoMesh Extreme submarine network solution (NYSE: CIEN)
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.25%
Tags
none
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News
Ciena Reports Fiscal Fourth Quarter 2023 Financial Results
Rhea-AI Summary
Ciena Corporation (NYSE: CIEN) reported a strong fiscal fourth quarter with a 21% increase in revenue, reaching $1.13 billion, and a net income of $0.62 GAAP and $0.75 adjusted (non-GAAP) per diluted common share. The company's fiscal year 2023 revenue was $4.39 billion, a 21% growth from fiscal year 2022. Ciena's performance was driven by positive demand dynamics, particularly with cloud provider customers. The company aims to extend its market leadership in optical networking while expanding opportunities in routing and switching, expecting to continue growing revenue faster than the market and take share.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.2%
Tags
earnings
News
Ciena Invests in U.S. Manufacturing with Flex to Support BEAD-funded Projects, Strengthen Domestic Supply Chain and Add High-Tech Jobs
Rhea-AI Summary
Ciena (CIEN) expands domestic manufacturing through an agreement with Flex (FLEX), positioning to support the U.S. government's broadband projects and create new jobs. The company will produce pluggable optical line terminals and optical network units at a Flex factory in the U.S., supporting high-speed broadband rollouts and compliance with Build America, Buy America requirements.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.2%
Tags
none
-
News
Cirion Picks Ciena’s 800G Technology for Bogotá Metro DCI Deployment
Rhea-AI Summary
Cirion Technologies (NYSE: CIEN) deploys Ciena’s Waveserver 5 platform to expand connectivity and increase resiliency between data centers in Bogotá, Colombia. Scaling up to 800Gb/s, this upgrade greatly increases Cirion’s network capacity and helps meet the growing needs of its local and multinational customers, including enterprises, government agencies, and cloud service providers. Ciena’s optical technology also helps Cirion meet its sustainability goals by adding more bandwidth at a lower cost-per-bit, using the smallest footprint.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
none
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News
Ciena Announces Reporting Date and Web Broadcast for Fiscal Fourth Quarter and Year End 2023 Results
Rhea-AI Summary
Ciena Corporation (NYSE: CIEN) to announce fiscal Q4 and year-end financial results on December 7, 2023. Investors can access the press release and supporting materials on Ciena's website. Management will host a live audio web broadcast at 8:30 a.m. Eastern, accessible via www.ciena.com.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.23%
Tags
earnings
News
Ciena Surpasses 100,000 WaveLogic 5 800G Shipments
Rhea-AI Summary
Ciena (NYSE: CIEN) surpasses 100,000 modems shipped of its WaveLogic 5 Extreme (WL5e) programmable 800G technology, supporting metro, long-haul, and submarine networks. WL5e offers programmable capacity from 200G to 800G and energy-efficient 400GbE connectivity. WL5e has been shipped to more than 250 customers across 68 countries, transmitting over 50 Petabits/sec of data and avoiding 82,000 metric tonnes of C02 emissions annually.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.28%
Tags
none
Stock CIEN logo
CIENA Corp.

NYSE:CIEN

CIEN Rankings

#1048 Ranked by Market Cap
#2985 Ranked by Stock Gains
N/A Ranked by Dividends

CIEN Stock Data

6.59B
143.16M
0.99%
96.53%
3.65%
Telephone Apparatus Manufacturing
Manufacturing
Link
US
Hanover

About CIEN

ciena corporation is a global manufacturer of communications network equipment and solutions, with expertise in packet-optical transport, packet-optical switching, carrier ethernet, and network support services. many of the world’s largest carriers and service providers have deployed ciena solutions in their network; including at&t, bt, cable & wireless, centurylink, comcast, france telecom, korea telecom, sprint, reliance, southern cross, tata communications, telecom argentina, telmex, virgin media and verizon. ciena also counts numerous national research and education networks as customers, as well as enterprises in the healthcare, finance, transportation and retail industries for real-time, latency sensitive applications such as disaster recovery/business continuity, san/lan extension, data center consolidation and grid computing. we specialize in helping customers transition to service driven networks that fundamentally change the way they compete. with expertise in optical a