CIEN Stock Recent News
CIEN LATEST HEADLINES
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.
Shares of Ciena Corp (CIEN, Financial) surged 6.54% in mid-day trading on Oct 2. The stock reached an intraday high of $65.95, before settling at $65.47, up from its previous close of $61.45.
Ciena Corporation CIEN is advancing technology with the launch of a 1.6 terabits-per-second (Tb/s) Coherent-Lite pluggable, designed to assist cloud and data center providers in managing anticipated increases in traffic from cloud services, machine learning and artificial intelligence (AI). The WaveLogic 6 Nano (WL6n) 1.6 Tb/s prototype will be featured at Ciena's booth (A14) during ECOC 2024.
Citigroup flipped from sell to buy on Ciena stock this morning. Weak sales of telecom equipment in 2024 could inflect to sales growth in 2025.
HANOVER, Md.--(BUSINESS WIRE)--Ciena (NYSE: CIEN) continues to push technology boundaries by bringing to market a 1.6 Tb/s Coherent-Lite pluggable to help cloud and data center providers cope with the expected growth in cloud, machine learning, and Artificial Intelligence (AI) related traffic. To address high-performance data center fabric and campus applications, Ciena's industry-leading WaveLogic 6 Nano (WL6n) will now be offered as both 1.6 Tb/s and 800G coherent pluggable solutions. The 3nm.
Ciena Corporation CIEN recently announced that Danish network provider TDC NET has adopted automation software from Blue Planet, a Ciena division, to enhance its Operating Support System. Utilizing Blue Planet Inventory (BPI), running on Blue Planet's Cloud Native Platform, TDC NET will gain a precise and unified view of its mobile and fixed network resources and services.
Explore Ciena's (CIEN) international revenue trends and how these numbers impact Wall Street's forecasts and what's ahead for the stock.
CIEN's fiscal Q3 performance is affected by slower-than-expected recovery of order volumes from service providers amid growing strength with cloud providers.
The veteran optical networking specialist posted its latest set of quarterly earnings. Both revenue and profitability were down, yet still beat consensus analyst estimates.