Ciena (CIEN) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.66 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 64.10%. A quarter ago, it was expected that this developer of high-speed networking technology would post earnings of $0.66 per share when it actually produced earnings of $0.54, delivering a surprise of -18.18%.Over the las ...

March 11, 2025 © Ciena Corporation 2025. All rights reserved. Proprietary Information. Forward-looking statements and non-GAAP measures You are encouraged to review the Investors section of our website, where we routinely post press releases, Securities and Exchange Commission (SEC) filings, recent news, financial results, supplemental financial information, and other announcements. From time to time, we exclusively post material information to this website along with other disclosure channels that we use. ...

FOR IMMEDIATE RELEASE Ciena Reports Fiscal First Quarter 2025 Financial Results HANOVER, Md. - March 11, 2025 - Ciena Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal first quarter ended February 1, 2025. ® "We delivered strong fiscal first quarter results that reflect balanced growth and strong momentum across our customer segments and reinforce the continuation of positive demand dynamics," said Gary Smith, president ...

Ciena Corporation (CIEN) is scheduled to report first-quarter fiscal 2025 results on March 11, before market open.Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. The Zacks Consensus Estimate for earnings is pegged at 39 cents per share, implying a 40.9% decrease from the year-ago level.The consensus estimate for revenues is pegged at $1.05 billion, indicating a growth of 0.7% from the prior-year level. For the fiscal first quarter, management expects revenues in the range of $1.01- ...

Analysts on Wall Street project that Ciena (CIEN) will announce quarterly earnings of $0.39 per share in its forthcoming report, representing a decline of 40.9% year over year. Revenues are projected to reach $1.05 billion, increasing 0.7% from the same quarter last year.The consensus EPS estimate for the quarter has been revised 4.8% lower over the last 30 days to the current level. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe ...

Core Viewpoint - Nvidia has been a leading player in the AI sector, significantly impacting the market with its graphics cards and server systems, resulting in substantial revenue and stock price growth [1] - However, Nvidia's stock has recently declined by 8% over the past three months due to various challenges, including proposed sales restrictions and concerns over AI spending [2] - Ciena is emerging as a strong alternative investment opportunity in the AI space, having outperformed Nvidia with a 15% stock increase in the same period [3][4] Company Performance - Ciena is positioned to benefit from the increasing demand for high-speed networking driven by AI, with sales of networking equipment expected to grow at an annual rate of 34% through 2028 [5] - The company has seen a surge in orders for its optical networking equipment, with cloud providers becoming significant customers, indicating a shift in demand dynamics [6][7] - Ciena's addressable market is projected to expand by $12 billion to $26 billion by 2028, solidifying its competitive position in the optical networking sector [8] Financial Outlook - Ciena's management anticipates revenue growth of 8% to 11% annually over the next three years, with adjusted operating margins expected to reach 15% to 16% by fiscal 2027 [9] - The company's earnings are forecasted to grow significantly, with estimates suggesting an increase from $1.82 per share in fiscal 2024 to $4.17 per share in three years [10][11] - If Ciena achieves these earnings and trades at a multiple of 34 times earnings, its stock price could potentially rise to $142, representing a 77% increase from current levels [12]

Core Insights - Ciena Corporation's WaveLogic 6 Extreme (WL6e) technology has been deployed by e& UAE, marking a significant advancement in the Middle East and Africa (MEA) region with ultra-fast 400G connectivity [1] - e& UAE is enhancing its data transmission capacity to 1.6 Tb/s per wavelength, effectively doubling its efficiency while leveraging existing infrastructure [2] - The MEA region is undergoing a digital transformation driven by government policies and increasing demand for cloud services and 5G, positioning e& UAE as a leader in high-speed connectivity [3] Company Developments - Ciena's WL6e is recognized as the industry's first 1.6 Tb/s coherent optic solution, driven by the growing demand for bandwidth due to cloud adoption and AI technology [4] - The WL6e technology is gaining traction, with revenues recognized in Q4 fiscal 2024 from multiple customers, including Verizon and euNetworks [5] - Ciena's WL6e is set to be deployed by Cirion Technologies to enhance digital infrastructure in Latin America, marking the continent's first 1.6 Tb/s single carrier wavelength deployment [6] - Southern Cross Cable Limited has achieved a milestone with Ciena's WL6e, connecting the world's first transpacific 1 Tb/s single-carrier wavelength across a 13,500-kilometer network [7] - Boldyn Networks adopted Ciena's WL6e to enhance its fiber network in New York and New Jersey, offering scalable wavelength services up to 1.6 Tb/s per channel [8] Market Performance - Ciena currently holds a Zacks Rank 3 (Hold), with shares increasing by 33.1% over the past year, compared to a 36.5% growth in the Zacks Fiber Optics industry [9]

Core Viewpoint - Ciena Corporation (NYSE: CIEN) is set to report its Q1 '25 earnings on March 11, and there is anticipation regarding the expected performance and specific metrics to watch for [1]. Company Summary - Ciena Corporation is a long-term investment option, with a focus on a mix of growth, value, and dividend-paying stocks, although there is a tendency to prioritize value investments [1]. Earnings Expectations - The upcoming earnings report is expected to provide insights into Ciena's financial health and operational performance, which will be closely monitored by investors [1].

Core Insights - Ciena Corporation's WaveLogic 6 Extreme (WL6e) is the first 1.6 Tb/s coherent optical technology, set to be deployed by Cirion Technologies to enhance digital infrastructure in Latin America [1] - The deployment aims to improve connectivity between Cirion's over 160 interconnected data centers, supporting bandwidth-intensive applications like AI, IoT, and streaming services [2][3] - Cirion is also upgrading its submarine cable systems to increase channel speeds and enhance global digital connectivity [4][5] Deployment and Technology - Cirion will utilize WL6e to enhance its terrestrial and submarine networks, achieving 1.6 Tb/s speeds for metro DCI and backhaul networks [5] - The SAC East submarine cable will see an upgrade to 1.2 Tb/s with WL6e, while the new SAC-2 submarine route will span 14,517 km, linking the U.S., Brazil, and Argentina [4] Network Efficiency and Management - Cirion's upgrade includes deploying Ciena's coherent aggregation routers and the Navigator Network Control Suite for advanced network management [6] - This will allow Cirion to optimize its multi-layer network for better performance and reliability [6] Market Position and Growth - Ciena's WL6e is gaining traction, with revenues recognized in the fiscal fourth quarter and shipments to multiple customers, including Verizon and euNetworks [7] - The company has solidified its position as the only provider of 1.6 terabit capable coherent modems in the market, enhancing its technological leadership [7] Recent Achievements - WL6e was deployed by Southern Cross Cable Limited for the world's first transpacific 1 Tb/s single-carrier wavelength [8] - Boldyn Networks adopted WL6e to enhance its fiber network in New York and New Jersey, supporting scalable wavelength services [9] Stock Performance - Ciena currently holds a Zacks Rank 2 (Buy), with shares increasing by 59.9% over the past year, compared to the industry's growth of 64.1% [10]

Core Insights - Zacks Premium provides various tools for investors to enhance their stock market engagement and confidence [1][2] - The Zacks Style Scores are designed to help investors identify stocks with the potential to outperform the market within a 30-day timeframe [3] Zacks Style Scores Overview - The Style Scores categorize stocks into four types: Value Score, Growth Score, Momentum Score, and VGM Score, each focusing on different investment strategies [4][5][6][7] - Value Score emphasizes finding undervalued stocks using financial ratios [4] - Growth Score assesses a company's financial health and future growth potential [5] - Momentum Score identifies stocks with favorable price trends and earnings outlooks [6] - VGM Score combines all three styles to highlight stocks with the best overall characteristics [7] Zacks Rank and Performance - The Zacks Rank is a proprietary model that leverages earnings estimate revisions to guide investors in stock selection [8] - Stocks rated 1 (Strong Buy) have historically achieved an average annual return of +25.41% since 1988, significantly outperforming the S&P 500 [9] - Investors are encouraged to focus on stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B for optimal returns [11] Stock Highlight: Ciena Corporation - Ciena Corporation, a leading provider of optical networking equipment, holds a Zacks Rank of 2 (Buy) and a VGM Score of B [13] - The company has a forward P/E ratio of 36.43, indicating attractive valuation metrics for value investors [13] - Recent earnings estimates for fiscal 2025 have been revised upward, with the Zacks Consensus Estimate at $2.44 per share and an average earnings surprise of 34.2% [14]