CIEN Stock Recent News

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HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN), expects to announce its fiscal third quarter financial results on Thursday, September 4, 2025.

PORTO ALEGRE, Brazil--(BUSINESS WIRE)--BR.Digital, a leading wholesale communication service provider in Brazil, has deployed Ciena's (NYSE: CIEN) WaveLogic 6 Extreme (WL6e) to address the country's growing demand for high-capacity connectivity. BR.Digital successfully achieved 1.1 Tb/s single wavelength transmission on links spanning more than 800 km utilizing Ciena's WL6e, demonstrating the ability to support massive and high-speed data transmission. As data traffic continues to surge, BR.Dig.

CIEN's lower valuation and stronger price gains stand out, but ANET's software edge and growth potential keep it in the game.

Ciena and Telxius achieve a record 1.3 Tb/s transatlantic transmission, boosting global optical network capacity with WaveLogic 6 Extreme.

HANOVER, Md. & MADRID--(BUSINESS WIRE)--Telxius, a leading global connectivity provider, and Ciena (NYSE: CIEN) recently completed a key milestone and industry first—a 1.3 Tb/s single wavelength transmission carried out across Telxius' 6,600km Marea submarine cable between Virginia Beach, Virginia, and Bilbao, Spain. Powered by Ciena's WaveLogic 6 Extreme (WL6e) technology, the companies also achieved the highest-ever spectral-efficiency transmission across the Atlantic, reaching a record-setti.

I am upgrading CIEN to a buy as 2Q25 results confirm a powerful new AI-driven growth cycle, with cloud orders doubling and service provider demand rebounding. CIEN's strategic wins in AI-specific applications and expanded presence in the value chain significantly increase its total addressable market and long-term growth runway. Service provider recovery is accelerating, with record MOFN activity indicating CIEN benefits from global AI infrastructure buildouts beyond just hyperscalers.

Previously, Graff was CFO at provider of hardware and software solutions Altera, and before that served as CFO and chief operating officer for Intel's data center and AI group.

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation announced the appointment of Marc D. Graff as Senior Vice President and Chief Financial Officer (CFO) effective August 1, 2025.

Share prices of Ciena (CIEN -2.60%) plunged nearly 13% in a single day (June 5) following the release of the company's fiscal 2025 second-quarter results (for the three months ended May 3). The steep drop seemed a tad harsh, as its numbers were quite solid.