SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  For example, here is how to disable FireFox ad content blocking while on Silicon Investor.

   Technology StocksCiena (CIEN)


Previous 10 Next 10 
From: JakeStraw8/31/2017 8:06:34 AM
1 Recommendation   of 12623
 
Ciena Reports Fiscal Third Quarter 2017 Financial Results
markets.siliconinvestor.com

Share RecommendKeepReplyMark as Last Read


From: FUBHO8/31/2017 8:08:28 AM
   of 12623
 
22.30 -2.03 (-8.34%)
Pre-Market: 8:07AM EDT

Average estimate was for $770 million next quarter, they are forecasting a mid-point of $735

Ciena expects fiscal fourth quarter 2017 financial performance to include:

  • Revenue in the range of $720 to $750 million
  • Adjusted (non-GAAP) gross margin in the mid-40s percentage range
  • Adjusted (non-GAAP) operating expense of approximately $240 million


  • Live Web Broadcast of Unaudited Fiscal Third Quarter 2017 Results

    Ciena will host a discussion of its unaudited fiscal third quarter 2017 results with investors and financial analysts today, Thursday, August 31, 2017 at 8:30 a.m. (Eastern). The live broadcast will be available at www.ciena.com,

    Share RecommendKeepReplyMark as Last Read


    From: JakeStraw9/1/2017 11:43:32 AM
    1 Recommendation   of 12623
     
    Ciena Corporation had its price target lowered by analysts at Deutsche Bank AG from $24.00 to $22.00. They now have a "hold" rating on the stock

    Share RecommendKeepReplyMark as Last Read


    From: FUBHO3/5/2018 7:20:50 PM
       of 12623
     
    Ciena FYQ1 On Tap: Street Looks to Cloud, 5G To Bolster Soft Telco Environment

    By Tiernan Ray
    March 5, 2018 6:26 p.m. ET

    Fiber-optic networking giant Ciena ( CIEN) is set to report fiscal Q1 results tomorrow morning, before the opening bell, and the Street has been tuning up its models for the company.

    The average estimate on the Street for the January-ending three-month period is for $642 million in revenue and 12 cents per share in net income.

    For the forecast, the current consensus is $721 million and 27 cents per share.

    Dougherty & Co.’s Catharine Trebnick, who has a Buy on the stock, and a $25 price target, is expecting results basically in line with that consensus. She points out this is a “seasonally soft quarter,” which means careers spending is “trimmed back due to the holidays."

    Her own field research, writes Trebnick, “indicates the company saw continued order strength in the metro and subsea verticals during the period."

    Also, announcements last week at the Mobile World Congress in Barcelona by carriers rolling out 5G networks later this year are among factors that will contribute to a stronger half of this fiscal year, she expects:
    We see improving trends for Ciena in the second half of 2018: (1) Carrier capex is up Y/Y in the US and we view commitments to commercial launch of 5G from both Verizon and AT&T as a strong tailwind for Ciena. CenturyLink is rebidding their long haul network (providing another opportunity to improve their footprint within the carrier). (2) DCI opportunities, and (3) Subsea deployments are likely to drive FY'18 revenue ahead of management's conservative guide in the range of 5% - 7% and industry outlook. We expect the company will continue to gain share within the carrier, DCI, and subsea segments due to healthy tailwinds from 5G implementations across the globe and public cloud builds.William Blair’s Dmitry Netis, who has an Outperform rating, is expecting results to draw mainly from sales to cloud computing, noting continued “softness” at the carriers, including AT&T (T).
    "We believe first-quarter results will be driven by DCI—as four of the top five cloud operators are Ciena customers, cable customers, and new footprint deals (Australia and Japan) that Ciena won over the last several quarters,” he writes.

    And like Trebnick, he expects some momentum in the company’s metro market, perhaps driven by Verizon Communications ( VZ).

    Netis is looking for the company to affirm its targets for the next three years of 5% to 7% revenue growth and 14% to 16% EPS growth.

    BMO Capital’s Tim Long, who has an Outperform rating on the stock, and a $25 target as well, expects results just a tad under consensus, at $640 million and 11 cents per share. He writes you pay attention to the company’s growth overseas, especially in India:
    Ciena’s international performance has been impressive and sales now represent 44% of all revenues. We have been particularly impressed by Ciena’s presence in India, where sales grew 100% y/y in FY2017, driven by several infrastructure projects in the country. While we do not expect sales in India to double again this year, we do believe the country will remain a significant growth contributor for some time. Ciena has also been taking share elsewhere in the region, and has added several new customers in Japan, South Korea, and Australia.

    Share RecommendKeepReplyMark as Last ReadRead Replies (1)


    To: FUBHO who wrote (12604)3/6/2018 9:20:59 AM
    From: FUBHO
       of 12623
     
    Ciena (NASDAQ:CIEN) gains 6% premarket on Q1 results that beat EPS and revenue estimates. Q2 guidance from conference call includes in-line revenue of $710M to $740M (consensus: $720.79M) and gross margin in the low to mid 40% range.



    Revenue by Segment: Total Networking, $496M (+77% Y/Y); Total Software and Software-Related Services, $53.5M (+8%); Total Global Services, $96.6M (+15%).

    Key metrics: Products revenue, $525.61M (+4% Y/Y); Services revenue, $120.53M (+5%); gross margin, 42.6% (-2%); operating expenses, $234.4M (+4%); operating margin, 6.3% (-2.2%); adjusted EBITDA, $61.8M (-12%); cash and equivalents, $986.8M; cash flow from operations, $35.7M; FCF, $10M; average days’ sales outstanding, 77; accounts receivable, $553.7M; inventories, $255.3M; total debt, $937.4M.

    Share RecommendKeepReplyMark as Last Read


    From: FUBHO3/20/2018 6:03:47 PM
       of 12623
     
    Ciena offers 8180 Coherent Networking Platform, 6500 Reconfigurable Line System to aid fiber network densification efforts

    March 20, 2018
    Author Stephen Hardy
    Editorial Director and Associate Publisher



    Ciena (NYSE: CIEN) used OFC 2018 in San Diego, CA, last week to unveil the 8180 Coherent Networking Platform and 6500 Reconfigurable Line System (RLS). The two platforms are designed to provide the aggregation, scale, and programmability that network operators will need as they embark on fiber network densification strategies.

    Operators are looking for scale, operational simplicity and rapid deployment capabilities, a means to grow their competitive edge, and a way to ensure the best customer experience possible as they extend their fiber footprints, to support such applications as data center interconnect (DCI), 4G/5G backahaul and front haul, and cable systems operator's "Fiber Deep" initiatives, according to Helen Xenos, senior director, portfolio marketing at Ciena. An optimal approach would leverage highly scalable, small-footprint platforms that provide programmability and built-in Layer 2 capabilities, she said.

    The two new platforms aim to meet these requirements. The 8180 Coherent Networking Platform scales to 6.4 Tbps of switching capacity within a 2RU chassis. It also will support tunable 100- to 400-Gbps coherent transmission based on Ciena's WaveLogic Ai engine as well as 10, 40, 100, and eventually 400 Gigabit Ethernet client side ports. It is fully compatible with Ciena's full software-defined networking (SDN) and network automation suite, Xenos added.

    The 6500 RLS is an open, modular platform available in three chassis sizes, depending upon the functions required, particularly for metro and long-haul DCI and cable access. Such functions may include, but aren't limited to, colorless/directionless/contentionless and conventional ROADM capabilities of various degrees, L-Band support, amplifiers (EDFA and Raman), and optical protection switching. The platform is designed to support both integrated and disaggregated implementations.

    The 8180 Coherent Networking Platform and 6500 RLS are slated to become generally available in the second half of this year.

    For related articles, visit the Network Design Topic Center.

    Share RecommendKeepReplyMark as Last ReadRead Replies (1)


    To: FUBHO who wrote (12606)3/20/2018 6:06:25 PM
    From: FUBHO
       of 12623
     
    Huawei introduces 400G optical network technology for commercial use

    Huawei introduces 400G optical network technology for commercial use

    March 20, 2018
    By Lightwave Staff


    Huawei used the Optical Networking and Communication Conference & Exhibition (OFC) last week to introduce 400G optical network technology for commercial use. The technology is designed to provide rapid 400G optical network deployment for all service scenarios on carriers' networks.

    Huawei's 400G offering leverages its latest oDSP chips, which the company claims enables its platforms to surpass industry standards in transmission performance. It supports adjustable bandwidths at a tunable single-wavelength rate ranging from 100 Gbps to 400 Gbps. By delivering a variety of flexible configurations, this technology offers carriers accelerated 400G network deployment on live networks, says Huawei.

    Huawei says its 400G optical network technology targets actual commercial scenarios to optimize high-speed optical transmission signals, including slicing, shaping, and compression, and balancing between theoretical limits and commercial use. Huawei asserts that it meets the requirements of a variety of service scenarios by giving the best possible transmission performance within transmission limits, including the following:


    · In access, metro, and data center interconnect (DCI) scenarios, transmission distances are relatively short, but large bandwidths are necessary. Huawei says its 400G technology uses a simple configuration to deliver high capacity and spectral efficiency to decrease the cost of transmission. Additionally, this technology enhances single-wavelength 400G transmission performance by 50%, asserts Huawei, to address the demands of single-span and multi-span models that use different optical fibers. The technology does so by implementing error correction coding and a signal equalization algorithm.

    · In backbone networks and some complex metro networks, single-wavelength 400G technology does not perform at the required threshold, says Huawei. To support carriers in efficiently deploying 400G backbone networks while using minimal bandwidth resources, Huawei's technology uses dual-channel 2 x 200G and optimization algorithms to compress the channel spacing. According to Huawei, this increases the spectral efficiency by 30% (nearing a single-wavelength rate of 400 Gbps), and stretches the aggregate 400G transmission distance to thousands of miles.

    Huawei's 400G technology also improves network performance and lessens costs of network O&M by increasing the single-fiber capacity by 40%, and decreases power consumption by 40%, the company says.

    "In the 5G era, ultra-high bandwidth will become a basic network requirement for carriers and high-speed transmission technology is the key," said Richard Jin, Huawei Transmission Network Product Line's president. "As 400G is becoming the trend of next-generation optical networks, Huawei will promote 400G transmission technology to satisfy carriers' requirements in all-service scenarios. As one of the earliest vendors in the world to deliver 400G, Huawei continuously seeks to build the most competitive premium transmission networks and enable global carriers to achieve commercial success."

    In addition to focusing on actual commercial scenarios with its 400G optical network technology, Huawei has also been focusing on deploying its CloudFabric to support construction, including a private cloud resource pool for China Mobile's data centers (see "Huawei's Cloud Fabric to support China Mobile's private cloud resource pool").

    For related articles, visit the Data Center Topic Center.

    Share RecommendKeepReplyMark as Last Read


    From: JakeStraw5/3/2018 10:02:17 AM
       of 12623
     
    Eletronet Collaborates with Ciena for High-Speed and Cost-Effective Data Transport
    markets.siliconinvestor.com

    Share RecommendKeepReplyMark as Last Read


    From: JakeStraw5/9/2018 3:59:34 PM
       of 12623
     
    Ciena IR Presentation Spring 2018
    s22.q4cdn.com

    Share RecommendKeepReplyMark as Last Read


    From: JakeStraw5/15/2018 9:54:15 AM
       of 12623
     
    GlobeNet Strengthens its Latin American Submarine Network with Ciena
    markets.siliconinvestor.com

    Share RecommendKeepReplyMark as Last Read
    Previous 10 Next 10