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The Latest Breaking News from CIEN

Why Ciena Stock Is Trading Lower Today

Ciena Corp (NYSE: CIEN) shares are trading lower Thursday after the company reported worse-than-expected financial results.

Ciena Shares Drop On Q2 Miss; Clocks 14% Revenue Growth Aided By Order Flow, Backlog

Ciena Shares Drop On Q2 Miss; Clocks 14% Revenue Growth Aided By Order Flow, Backlog

Ciena Corp (NYSE:CIEN) reported second-quarter FY22 revenue growth of 13.8% year-on-year to $949.2 million, missing the consensus of $950.8 million. Segments: Total Networking Platforms revenue rose by 15.3% Y/Y to $734.5 million, and Total Global Services increased 10.9% Y/Y to $128.7 million. Margins: The adjusted gross margin contracted 620 bps to 43% as costs surged…

What 5 Analyst Ratings Have To Say About Ciena

What 5 Analyst Ratings Have To Say About Ciena

Within the last quarter, Ciena (NYSE:CIEN) has observed the following analyst ratings:

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Why This Apple, Qualcomm Analyst Says The Stocks Are Vulnerable To Shift In Consumer Spending

Apple, Inc. (NASDAQ: AAPL) and Qualcomm, Inc. (NASDAQ: QCOM) are among the high-profile tech names that have consistently delivered due to superior fundamentals and strong market positioning.

What 7 Analyst Ratings Have To Say About Ciena

Ciena (NYSE:CIEN) has observed the following analyst ratings within the last quarter:

10 Biggest Price Target Changes For Tuesday

Raymond James cut the price target on Ciena Corporation (NYSE: CIEN) from $80 to $75. Ciena shares fell 10.9% to close at $58.76 on Monday.

Why Ciena Shares Are Falling Today

Ciena Corp (NYSE:CIEN) reported first-quarter FY22 revenue growth of 11.5% year-on-year to $844.4 million, missing the consensus of $856.85 million. Segments: Total Networking Platforms revenue rose by 8.7% Y/Y to $626.6 million, and Total Global Services increased 8.9% Y/Y to $123.8 million. Margins: The adjusted gross margin contracted 180 bps to 46.2% as costs surged…

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Ciena Earnings Preview

Ciena Earnings Preview

Ciena (NYSE:CIEN) is set to give its latest quarterly earnings report on Monday, 2022-03-07. Here's what investors need to know before the announcement. Analysts estimate that Ciena will report an earnings per share (EPS) of $0.45.

4 5G Stocks Down More Than 10% Year-to-Date to Buy Now

4 5G Stocks Down More Than 10% Year-to-Date to Buy Now

Rising demand for 5G technology for better utilization of advanced technologies and to satisfy increasing commercial use should drive the 5G market’s growth. So, their recent price dips could be an opportune time to invest in fundamentally sound 5G stocks Broadcom (AVGO), Crown Castle (CCI), Nokia (NOK), and Ciena Corporation…

2 5G Stocks to Buy in February 2 to Sell

2 5G Stocks to Buy in February 2 to Sell

With rising COVID-19 omicron cases, the continuing remote working trend is expected to accelerate the growth of the 5G sector. Furthermore, the increasing adoption of the 5G standard across various industries should also fuel the 5G market's growth. Therefore, we believe fundamentally strong 5G stocks LM Ericsson (ERIC) and Ciena…

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