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Ciena Corporation Common Stock (CIEN)

92.08
+4.58 (5.23%)

Ciena Corporation is a global technology company that specializes in networking solutions, enabling the efficient transfer of data across telecommunications networks

Through its innovative optical and software-based platforms, Ciena helps service providers and enterprises optimize their network performance, enhance reliability, and manage increased bandwidth demand. The company focuses on delivering solutions for areas such as wavelength division multiplexing (WDM), packet networking, and automation, supporting a range of applications from cloud computing to the Internet of Things (IoT). Ciena's products and services empower its customers to improve connectivity and drive digital transformation in the rapidly evolving communications landscape.

SummaryNewsPress ReleasesChartHistoricalFAQ
Southern Cross Achieves World’s First 1 Tb/s Transmission Across the Pacific With Ciena
Southern Cross Cable Limited (“Southern Cross”) has connected the world’s first transpacific 1 Tb/s single-carrier wavelength across its 13,500km live production network with Ciena’s (NYSECIEN) WaveLogic 6 Extreme (WL6e) coherent optics. The connectivity milestone saw WL6e perform effortlessly at 1 Tb/s over the world’s longest single optical submarine cable segment and demonstrates the adaptive nature of Southern Cross’ network.
By Ciena Corporation · Via Business Wire · January 15, 2025
Vision Net Unveils the Mountain West Region's First 800Gb/s Network with Major Phase 1 Upgrade
GREAT FALLS, MONTANA / ACCESSWIRE / January 8, 2025 / Vision Net, a leading provider of network and technology solutions for carriers, enterprise businesses, healthcare organizations, and educational institutions, announced a series of significant network upgrades aimed at increasing bandwidth options for clients. The upgrade introduces the Mountain West region's first 800Gb/s network, setting a new benchmark for speed, capacity, and reliability.
Via ACCESSWIRE · January 8, 2025
Ciena to Webcast Financial Community Event – January 9, 2025
Ciena® Corporation (NYSECIEN) today announced its expected participation in the following upcoming event with the financial community. This event will be webcast live and recorded. Archived versions will be made available approximately 24 hours following the conclusion of the live event in the Events & Presentations page of the Investors section of Ciena’s website.
By Ciena Corporation · Via Business Wire · January 6, 2025
Ciena Announces Lawton W. Fitt as Independent Chair of Board of Directors
Ciena® Corporation (NYSECIEN) announced the appointment of Lawton W. Fitt as independent Chair of Ciena's Board of Directors, effective December 11, 2024. Concurrently, Patrick H. Nettles, Ph.D., stepped down as Executive Chair, in connection with his decision not to stand for re-election at the end of his term at Ciena’s 2025 Annual Meeting of Stockholders, at which time he will retire. Dr. Nettles will continue in his role as a member of Ciena’s Board of Directors until that time and provide support to Ms. Fitt in her transition.
By Ciena Corporation · Via Business Wire · December 12, 2024
Ciena Reports Fiscal Fourth Quarter 2024 Financial Results
Ciena® Corporation (NYSECIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal fourth quarter ended November 2, 2024.
By Ciena Corporation · Via Business Wire · December 12, 2024
Ciena Announces Reporting Date and Web Broadcast for Fiscal Fourth Quarter and Year End 2024 Results
Ciena® Corporation (NYSECIEN) expects to announce its fiscal fourth quarter and year-end financial results on Thursday, December 12, 2024 before the open of the financial markets. The press release will be available on Ciena’s website at www.ciena.com.
By Ciena Corporation · Via Business Wire · November 12, 2024
euNetworks First to Deploy 1.6 Tb/s Coherent Solution in Europe with Ciena’s WaveLogic 6 Extreme
Critical bandwidth infrastructure provider euNetworks announced Europe’s first-ever 1.6 Tb/s coherent solution deployment using Ciena’s (NYSECIEN) WaveLogic 6 Extreme (WL6e), the industry’s first 1.6 Tb/s coherent transceiver. This technical first was carried out on euNetworks’ production network, sending commercial traffic over the company’s 281km route from Amsterdam to Düsseldorf. Owned and operated by euNetworks, the route forms part of one of euNetworks’ latest Super Highways—new and uniquely routed state-of-the-art fiber networks that are critical to Europe’s bandwidth needs.
By Ciena Corporation · Via Business Wire · November 11, 2024
Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
Cisco is poised to benefit from an increased focus on AI infrastructure, and its underlying fundamentals support continued and robust growth.
Via MarketBeat · October 19, 2024
2 Stocks Riding the Recovery in Cloud Computing Driven by AI
The acceleration of AI deployment is helping to lift legacy technologies like cloud computing, virtualization, networking, and hard disk drives (HDDs).
Via MarketBeat · October 14, 2024
On Net Fibra Colombia Deploys Blue Planet to Streamline Delivery of Wholesale Fiber Optic Services
On Net Fibra Colombia (ON NET FIBRA) is leveraging software from Blue Planet, a division of Ciena (NYSECIEN), to support its transition to a cloud-native Operations Support System (OSS) and automate the delivery of services to its customers. Through the deployment of inventory, orchestration, and assurance applications built on the Blue Planet Cloud Native Platform, ON NET FIBRA is enabling its customers to significantly improve the digital connectivity experiences they offer.
By Ciena Corporation · Via Business Wire · October 9, 2024
Ciena Stock Powers the AI Cloud Boom—Don’t Miss Out
Ciena Co. (NYSECIEN) can be considered a legacy company in the computer and technology sector when it comes to the Internet.
Via MarketBeat · October 7, 2024
Sify Doubles National Long Distance Network Capacity with Ciena Technology
Sify Technologies (Sify) today announced that it has deployed Ciena’s (NYSECIEN) optical technology to connect its seven Metro Area Networks across India. Starting with an express path between Mumbai and New Delhi, Sify has upgraded its countrywide National Long Distance network to support services up to 600G. This upgrade will help interconnect its key Artificial Intelligence (AI) ready data center hubs in Mumbai, Chennai and Noida and the surrounding metro areas with a highly scalable network.
By Ciena Corporation · Via Business Wire · October 7, 2024
Ciena Announces $1 Billion Share Repurchase Authorization
Ciena (NYSECIEN) today announced that its Board of Directors has authorized a program to repurchase up to $1 billion of the company’s common stock, commencing in fiscal year 2025 and continuing through the end of fiscal year 2027.
By Ciena Corporation · Via Business Wire · October 2, 2024
2 Energy Stocks Fueling the AI Datacenter Boom
AI’s growth is driving massive power demand for data centers. Learn how Constellation and Talen Energy are powering this boom, providing clean energy solutions.
Via MarketBeat · October 1, 2024
Sipartech Enhances European Network Resilience and Quality with Ciena Technology
Sipartech, a leading infrastructure operator in Europe, is leveraging Ciena’s (NYSECIEN) GeoMesh Extreme submarine network solution to provide wholesale 400GbE services over an 800Gb/s wavelength on its submarine network and bolster the resilience and quality of its extensive pan-European network.
By Ciena Corporation · Via Business Wire · September 24, 2024
Ciena Unveils 1.6 Tb/s Coherent Pluggable Solution for Hyperscale Cloud Providers' Capacity Surge
Ciena (NYSECIEN) 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.
By Ciena Corporation · Via Business Wire · September 23, 2024
Commsworld Launches Commercial Broadband Service Using Ciena’s XGS-PON
Internet service provider (ISP) Commsworld is leveraging Ciena's (NYSECIEN) broadband solution for its new business-grade ‘Ethernet over Fibre to the Premises (EoFTTP)’ ultra-high-speed broadband service.
By Ciena Corporation · Via Business Wire · September 10, 2024
TDC NET Selects Blue Planet to Build an OSS Foundation for the Digital Era
Danish network provider TDC NET is transforming its Operating Support System (OSS) using automation software from Blue Planet, a division of Ciena (NYSECIEN). Blue Planet Inventory (BPI), supported on Blue Planet’s Cloud Native Platform, will give TDC NET an accurate, unified view of its current mobile and fixed network resources and services.
By Ciena Corporation · Via Business Wire · September 10, 2024
Ciena CFO James E. Moylan to Retire in August 2025
Ciena® Corporation (NYSECIEN) today announced that James E. Moylan, Jr., Senior Vice President and Chief Financial Officer (CFO), plans to retire in twelve months, effective August 28, 2025. Ciena intends to commence a search process to identify a successor. Mr. Moylan will continue to serve as CFO until a successor is in place and he will assist in the transition of his responsibilities.
By Ciena Corporation · Via Business Wire · September 4, 2024
Ciena Reports Fiscal Third Quarter 2024 Financial Results
Ciena® Corporation (NYSECIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal third quarter ended July 27, 2024.
By Ciena Corporation · Via Business Wire · September 4, 2024
Bhutan Telecom Boosts Network Capabilities with Ciena
The leading provider of telecommunications and Internet services in the Kingdom of Bhutan, Bhutan Telecom is deploying Ciena’s (NYSECIEN) coherent routing solutions to support booming traffic demands. With Ciena’s 5164, 8110 and 8114 routers, Bhutan Telecom will improve the customer experience especially as its customers move towards new technologies like edge cloud applications.
By Ciena Corporation · Via Business Wire · August 20, 2024
Arelion Achieves World’s First Live 1.6 Tb/s Wave Data Transmission with Ciena’s WaveLogic 6 Extreme
Arelion and Ciena (NYSECIEN) today announced the successful completion of the world's first 1.6 terabits-per-second (Tb/s) wavelengths data transmission in a live network field trial. Powered by Ciena’s state-of-the-art WaveLogic 6 Extreme (WL6e), this milestone occurred on Arelion’s 470km route between its existing Points-of-Presence (PoPs) in Ashburn, Virginia (Equinix) and Telxius’ (Telxius-CLS) Virginia Beach cable landing station, increasing capacity between two critical locations in Arelion’s North American network. Following this trial, Arelion will deploy WL6e across its network to increase its ability to serve the surging bandwidth demands of 5G, Artificial Intelligence/Machine Learning (AI/ML) applications, cloud services, content delivery and more for wholesale and enterprise customers.
By Ciena Corporation · Via Business Wire · August 29, 2024
Ciena Announces Reporting Date and Web Broadcast for Fiscal Third Quarter 2024 Results
Ciena® Corporation (NYSECIEN) expects to announce its fiscal third quarter financial results on Wednesday, September 4, 2024 before the open of the financial markets. The press release will be available on Ciena’s website at www.ciena.com.
By Ciena Corporation · Via Business Wire · August 6, 2024
Lumen Selects Blue Planet to Underpin its Network Inventory Transformation Program
Lumen Technologies (NYSELUMN) has selected intelligent automation software from Blue Planet, a division of Ciena NYSE:CIENNYSECIEN)
By Ciena Corporation · Via Business Wire · August 21, 2024
Sodvin AS Improves Broadband Services in the Nordics With Ciena’s XGS-PON
Sodvin AS, a provider of telecommunications and energy solutions, is leveraging Ciena’s (NYSECIEN) broadband solution to improve the capacity and reach of its residential broadband services throughout Trøndelag county, Norway.
By Ciena Corporation · Via Business Wire · July 10, 2024