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: JakeStraw3/10/2017 8:28:48 AM
   of 12623
 
Edited Transcript of CIEN earnings conference call or presentation 8-Mar-17
finance.yahoo.com

Share RecommendKeepReplyMark as Last Read


From: JakeStraw3/15/2017 9:38:29 AM
   of 12623
 
Ciena Redefines How Optical Networks Are Built and Operated with Liquid Spectrum
finance.yahoo.com

Ciena® is introducing new capabilities that empower network operators to tune, control and dynamically adjust optical capacity in an on-demand world, where 5G, IoT, content delivery and cloud are rapidly redefining network requirements. By combining fully-instrumented flexible optics and innovative software, Liquid Spectrum can monitor and mine all available network assets so operators can instantly respond to new bandwidth demands and allocate capacity across any path in real time.

Liquid Spectrum is the cumulative value of a series of next-generation optical and software technologies. It includes Ciena’s highly instrumented reconfigurable photonic layer, WaveLogic Ai coherent optics, Blue Planet Manage, Control and Plan (MCP), and new advanced software applications. Consistent with Ciena’s OPn philosophy on networking, Liquid Spectrum utilizes APIs and standard interfaces to support operators’ requirements for an accessible, open architecture.

Share RecommendKeepReplyMark as Last Read


From: JakeStraw3/16/2017 9:21:55 AM
   of 12623
 
London Internet Exchange Selects Ciena for Data Center Interconnect
finance.yahoo.com

Share RecommendKeepReplyMark as Last Read


From: JakeStraw3/21/2017 9:54:50 AM
   of 12623
 
Ciena Merchant Chip Strategy Targets Acacia, Inphi And China
investors.com

Share RecommendKeepReplyMark as Last Read


From: JakeStraw5/22/2017 10:50:31 AM
   of 12623
 
Ciena Co. was upgraded by analysts at Stifel Nicolaus from a "hold" rating to a "buy" rating. They now have a $28.00 price target on the stock, up previously from $24.00.

Share RecommendKeepReplyMark as Last Read


From: JakeStraw8/30/2017 11:52:04 AM
   of 12623
 
Ciena Corporation was upgraded by analysts at Citigroup Inc. from a "neutral" rating to a "buy" rating. They now have a $29.00 price target on the stock.

Share RecommendKeepReplyMark as Last Read


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)
    Previous 10 Next 10