CIEN - Ciena Corporation

Discussion in 'Stock Message Boards NYSE, NASDAQ, AMEX' started by T0rm3nted, Jun 3, 2016.

  1. T0rm3nted

    T0rm3nted Moderator
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    [​IMG]
    Ciena Corporation (CIEN) is a United States-based global supplier of telecommunications networking equipment, software and services that support the delivery and transport of voice, video and data service. Its products are used in telecommunications networks operated by telecommunications service providers, cable operators, governments and enterprises. The company was founded in 1992 and is headquartered in Hanover, Maryland.

    Ciena sells products and services across four segments: Converged Packet Optical, Packet Networking, Optical Transport, and Software & Services. Key current platforms include the 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, CoreDirector Multiservice Optical Switch, 3000 family of service delivery switches, and the 4200 Advanced Services Platform. It also offers the Ciena One integrated network and service management software suite, consulting and support services, deployment services, maintenance and support services, spares and logistics management.
     
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  2. T0rm3nted

    T0rm3nted Moderator
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    Reported before open today (6/2/16)
    Earnings: EPS $0.34 Revenue $640.7M
    Estimates: EPS $0.27 Revenue $629.4M

    Up 12.78% today
     
  3. StockJock-e

    StockJock-e Brew Master
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    Up on earnings!

    Thursday, September 01 2016 7:00 AM, EST
    Ciena Reports Fiscal Third Quarter 2016 Financial Results

    Business Wire "Press Releases - English"

    HANOVER, Md.--(BUSINESS WIRE)--
    Ciena
    Corporation (NYSE: CIEN), the network specialist, today announced
    unaudited financial results for its fiscal third quarter ended July31,
    2016.



    For the fiscal third quarter 2016, Ciena reported revenue of $670.6
    million as compared to $602.9 million for the fiscal third quarter 2015.



    On the basis of generally accepted accounting principles (GAAP), Ciena's
    net income for the fiscal third quarter 2016 was $33.5 million, or $0.23
    per diluted common share, which compares to a GAAP net income of $23.6
    million, or $0.19 per diluted common share, for the fiscal third quarter
    2015.
     
  4. T0rm3nted

    T0rm3nted Moderator
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    Recent Insider Trading:

    upload_2016-10-25_3-24-21.png
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  5. fidelgeorge

    fidelgeorge Well-Known Member

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    Ciena (CIEN) also reported fiscal first quarter earnings that came in below analyst estimates, and the networking company is moving lower in pre-market trading.
     
  6. LloydWCoutee

    LloydWCoutee Active Member

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    Earnings trade worked
     
  7. StockJock-e

    StockJock-e Brew Master
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    $CIEN expects 3Q17 revenue in the range of $710-740MM and adjusted gross margin in the mid-40s percentage range.
     
  8. StockJock-e

    StockJock-e Brew Master
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    Ciena stock jumped after the optical networking company posted mixed results for its fiscal fourth quarter.

    For the quarter, ended Oct. 31, the company reported revenue of $968 million, up 7.6% from a year earlier, and ahead of the consensus forecast among Wall Street analysts for a result of $964.3 million. Non-GAAP profits of 58 cents a share fell short of the Street consensus view that Ciena would earn 63 cents a share.
     

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