Profile
Sector:
TechnologyIndustry:
Communication EquipmentCountry:
United StatesIPO:
07 February 1997Website:
http://www.ciena.comNext earnings report:
06 December 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Fri, 01 Nov 2024 23:54:54 GMTDividend
Analysts recommendations
Institutional Ownership
CIEN Latest News
Boldyn Networks is utilizing Ciena's scalable wavelength service, offering up to 1.6Tb/s per channel.
Advanced network enhancements powered by Ciena's WaveLogic 6 coherent optical technology benefits carriers, enterprises and hyperscalers with reliable, high-speed connections between data centers NEW YORK , Oct. 21, 2024 /PRNewswire/ -- Boldyn Networks (Boldyn), one of the world's largest shared network infrastructure providers, today announced the deployment of scalable wavelength service up to 1.6Tb/s per channel across its fiber network in New York and New Jersey. Boldyn is one of the first in the world to implement WaveLogic 6 technology from Ciena (NYSE: CIEN), significantly enhancing network capacity and efficiency to meet the growing demands of carriers, enterprises and hyperscalers seeking reliable, high-capacity connections between data centers.
AI could give this optical networking company a big boost.
The artificial intelligence (AI) boom has been underway throughout 2024 despite many legacy technologies still undergoing normalization after a fantastic post-pandemic reopening surge in 2021. The acceleration of AI deployment is helping to lift legacy technologies like cloud computing, virtualization, networking, and hard disk drives (HDDs) as enterprises work through the inventory glut.
Ciena Corporation CIEN has announced that On Net Fibra Colombia (ON NET FIBRA) is utilizing automation software from Blue Planet, a division of Ciena, to facilitate its transition to a cloud-native Operations Support System (OSS). The adoption of the Blue Planet Cloud Native Platform enables ON NET FIBRA to streamline service delivery with advanced inventory, orchestration and assurance applications built on this platform, enhancing customer connectivity and improving operational efficiency.
Ciena Corporation CIEN shares are trading lower on Monday. JP Morgan analyst Samik Chatterjee downgraded the company to Neutral from Overweight with a price target of $65.
Ciena Co. NYSE: CIEN can be considered a legacy company in the computer and technology sector when it comes to the Internet. It was one of the original manufacturers of optical fiber, which provided networking switches and connectivity solutions since 1992.
Ciena (CIEN) reported earnings 30 days ago. What's next for the stock?
CIEN's board of directors approves $1 billion for share buybacks for 2025-2027 to maximize shareholder returns.
Raises ceiling for high-availability network services while using 80% less power NEW YORK , Sept. 25, 2024 /PRNewswire/ -- Lightpath , an all-fiber, infrastructure-based connectivity provider that is revolutionizing how organizations connect to their digital destinations, and Ciena (NYSE: CIEN), a global leader in networking systems, services, and software, recently deployed the industry's first known 400 Gb/s protected optical circuit utilizing power-efficient and high-performance pluggable technologies.
What type of business is Ciena?
Ciena Corporation is a global provider of communication networking equipment, software, and services. Their solutions are used by communication service providers, cable and multiservice operators, governments, enterprises, research and educational institutions, and other network operators. The company was founded in 1992, with headquarters located in Hanover, Maryland. The company's products can be divided into several segments: networking platforms; Blue Planet Automation software; software platform and services; additional services.
What sector is Ciena in?
Ciena is in the Technology sector
What industry is Ciena in?
Ciena is in the Communication Equipment industry
What country is Ciena from?
Ciena is headquartered in United States
When did Ciena go public?
Ciena initial public offering (IPO) was on 07 February 1997
What is Ciena website?
https://www.ciena.com
Is Ciena in the S&P 500?
No, Ciena is not included in the S&P 500 index
Is Ciena in the NASDAQ 100?
No, Ciena is not included in the NASDAQ 100 index
Is Ciena in the Dow Jones?
No, Ciena is not included in the Dow Jones index
When was Ciena the previous earnings report?
No data
When does Ciena earnings report?
The next expected earnings date for Ciena is 06 December 2024