Ciena Corporation March 7, 2024 Forward-looking statements and non-GAAP measures Ciena's actual results, performance or events may differ materially from these forward-looking statements made or implied due to a number of risks and uncertainties relating to Ciena's business, including: the effect of broader economic and market conditions on our customers, their spending and their businesses and markets; our ability to execute our business and growth strategies; the impact of macroeconomic conditions and glo ...

Have you been searching for a stock that might be well-positioned to maintain its earnings-beat streak in its upcoming report? It is worth considering Ciena (CIEN) , which belongs to the Zacks Fiber Optics industry.When looking at the last two reports, this developer of high-speed networking technology has recorded a strong streak of surpassing earnings estimates. The company has topped estimates by 10.81%, on average, in the last two quarters.For the last reported quarter, Ciena came out with earnings of $ ...

® HANOVER, Md. - March 7, 2024 - Ciena Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal first quarter ended January 27, 2024. • Share Repurchases: Repurchased approximately 691 thousand shares of common stock for an aggregate price of $32.0 million during the quarter Ciena's adjusted (non-GAAP) net income for the fiscal first quarter 2024 was $96.8 million, or $0.66 per diluted common share, which compares to an adjuste ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q (Mark one) Class Outstanding as of March 1, 2024 Common Stock, par value $0.01 per share 144,602,692 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-36250 Ciena Corporation (Exact name of registrant as specified in its charter) 23-2725311 (I.R.S. Employer Identification No.) 21076 (Zip Code) Indicate by check mark whether the registrant (1) has filed all repo ...

Ciena Corporation (CIEN) is scheduled to report first-quarter fiscal 2024 results on Mar 7.The Zacks Consensus Estimate for earnings is pegged at 46 cents per share, suggesting a 28.1% decrease from the year-ago level.For the first quarter of fiscal 2024, management expects revenues in the range of $980 million-$1.06 billion.The consensus estimate for revenues is pegged at $1.02 billion, indicating a decline of 3.6% from the prior-year level.CIEN has a trailing four-quarter earnings surprise of 30.7%, on av ...

In its upcoming report, Ciena (CIEN) is predicted by Wall Street analysts to post quarterly earnings of $0.46 per share, reflecting a decline of 28.1% compared to the same period last year. Revenues are forecasted to be $1.02 billion, representing a year-over-year decrease of 3.6%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this pe ...

PRINCETON, N.J., & HANOVER, Md.--(BUSINESS WIRE)--Astound Business Solutions, an award-winning nationwide provider of high-capacity and secure connectivity for business customers, has launched 400G Wavelength, a commercial service that leverages Ciena’s (NYSE: CIEN) WaveLogic 5 Extreme (WL5e) 800G and WaveLogic 5 Nano (WL5n) 400G coherent optics to deliver the massive capacity required by large carriers, enterprises, and public sector organizations. Astound’s nationwide fiber-optic network covers more th ...

VILNIUS, Lithuania, & HANOVER, Md.--(BUSINESS WIRE)--Telia Lithuania, a Telia Company subsidiary and leading supplier of telecom services, is leveraging Ciena's (NYSE: CIEN) WaveLogic 5 Extreme (WL5e) coherent optics to upgrade its countrywide network to support 400G and higher services and deploy the first 800Gb/s wavelength service between major cities in Lithuania. With this deployment, Telia Lithuania can deliver more flexible, higher-capacity, and cost-effective transport services with the resilienc ...

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, announced today that proxy materials are now available for its 2024 Annual Meeting of Stockholders to be held Thursday, March 21, 2024 at 3:00 p.m. Eastern Time. Event: 2024 Annual Meeting of Stockholders Date: Thursday, March 21, 2024, 3:00 p.m. ET Listen Live: An audio webcast of the meeting, accompanied by a slide presentation, will be posted at the time of the event. Stockholders of ...

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal first quarter financial results on Thursday, March 7, 2024 before the open of the financial markets. The press release will be available on Ciena’s website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena’s management will then host a live audio web broadcast beginn ...