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Optical networking equipment supplier Ciena's (CIEN -2.23%) stock price has had a rough 2025, dropping 24% as of this writing. That may surprise some investors at first, considering its financial performance has improved in recent quarters.
Network trial paves the way for hyperscalers and enterprises to have the bandwidth agility and cost-efficiency needed for AI and next-gen applications DENVER , March 27, 2025 /PRNewswire/ -- Lumen Technologies (NYSE: LUMN) and Ciena (NYSE: CIEN) have successfully established a 1.2 terabit wavelength service trial across 3,050 kilometers (more than 1,800 miles) on Lumen's Ultra-Low-Loss (ULL) fiber network, making it the world's longest 1.2 terabit non-regenerated signal. Using 800G interfaces, Lumen and Ciena successfully tested and qualified the services to support wavelength, Ethernet, and IP services over the 1.2 Tbps single carrier channel.
CIEN to unveil coherent optical and IMDD technologies at OFC 2025, boosting scalability and flexibility for cloud and AI-driven data center networks.
Ciena Corp CIEN shares were climbing Wednesday after the company announced upbeat fiscal first-quarter results.
Ciena's fiscal Q1 2025 performance is boosted by increasing market momentum across cloud and service providers. Blue Planet sales surge 87% year over year.
One group of stocks that has been punished during this current market downturn is telecoms. On Tuesday, they got little respite, on news of remarks from a top executive at one of their incumbent companies.
Ciena Corporation (NYSE:CIEN ) Q1 2025 Earnings Conference Call March 11, 2025 8:30 AM ET Company Participants Gregg Lampf - Vice President of Investor Relations Gary Smith - President and Chief Executive Officer Jim Moylan - Chief Financial Officer Scott McFeely - Executive Advisor Conference Call Participants Adrienne Colby - Citi Meta Marshall - Morgan Stanley Amit Daryanani - Evercore Joe Cardoso - JPMorgan Simon Leopold - Raymond James Tal Liani - Bank of America Alyssa Shreves - Barclays Ruben Roy - Stifel Tim Savageaux - Northland Capital Markets Ryan Koontz - Needham Andrew Spinola - UBS Operator Good day and welcome to the Ciena Fiscal First Quarter 2025 Financial Results Conference Call. All participants will be in listen-only mode.
U.S. stocks traded lower midway through trading, with the Dow Jones falling more than 1% on Tuesday.
Ciena (CIEN) came out with quarterly earnings of $0.64 per share, beating the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.66 per share a year ago.
Fiber optics network gear maker Ciena reported fiscal first-quarter profit and revenue that topped consensus estimates. The post Ciena Fiscal Q1 Earnings, Revenue Top Wall Street Targets appeared first on Investor's Business Daily.