Last $19.88 USD
Change Today -0.02 / -0.10%
Volume 2.9M
CIEN On Other Exchanges
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Exchange
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As of 4:15 PM 04/17/14 All times are local (Market data is delayed by at least 15 minutes).

ciena corp (CIEN) Snapshot

Open
$19.76
Previous Close
$19.90
Day High
$20.13
Day Low
$19.65
52 Week High
10/22/13 - $27.94
52 Week Low
04/22/13 - $14.14
Market Cap
2.1B
Average Volume 10 Days
6.1M
EPS TTM
$-0.52
Shares Outstanding
105.0M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CIENA CORP (CIEN)

ciena corp (CIEN) Related Businessweek News

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ciena corp (CIEN) Details

Ciena Corporation provides communications networking equipment, software, and services that support the transport, switching, aggregation, and management of voice, video, and data traffic worldwide. The company operates through Converged Packet Optical, Packet Networking, Optical Transport, and Software and Services segments. The Converged Packet Optical segment offers networking solutions optimized for the convergence of coherent optical transport, OTN switching, and packet switching. Its products include the 6500 Packet-Optical Platform, CoreDirector Multiservice Optical Switches, 5430 Reconfigurable Switching System, and OTN configuration for the 5410 Reconfigurable Switching System. This segment also sells operating system software and enhanced software features embedded in each of these products. The Packet Networking segment principally provides the company’s 3000 family of service delivery switches and service aggregation switches, the 5000 series of service aggregation switches, and its Ethernet packet configuration for the 5410 Service Aggregation Switch. The Optical Transport segment transports voice, video, and data traffic at high transmission speeds. Its principal products include the 4200 Advanced Services Platform, Corestream Agility Optical Transport System, 5100/5200 Advanced Services Platform, Common Photonic Layer, and 6100 Multiservice Optical Platform. The Software and Services segment offers network software suite, including the OneControl Unified Management System, an integrated network and service management software designed to automate and simplify network management, operation, and service delivery; and the ON-Center Network & Service Management Suite, Ethernet Services Manager, Optical Suite Release, and network level applications. This segment also provides consulting, network design, installation and deployment, maintenance support, and training services. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.

4,865 Employees
Last Reported Date: 03/7/14
Founded in 1992

ciena corp (CIEN) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $750.6K
Executive Chairman and Member of Government A...
Total Annual Compensation: $300.0K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $450.6K
Senior Vice President of Global Field Organiz...
Total Annual Compensation: $495.4K
Senior Vice President of Global Products Grou...
Total Annual Compensation: $409.3K
Compensation as of Fiscal Year 2013.

ciena corp (CIEN) Key Developments

Colorado Department of Transportation Improves Highway Safety and Traffic Flow with Network Upgrade Powered by Ciena Corporation

Ciena Corporation announced that the Colorado Department of Transportation (CDOT) is deploying Ciena's converged packet optical and packet networking solutions to improve resiliency, capacity and manageability of its private fiber optic network that spans nearly 560 highway miles across the state. This upgrade, being completed through Colorado's Intelligent Transportation Systems (ITS) program, will support an increased amount of intelligent communication devices that allow travelers and transportation agencies to be better informed about roadway conditions. CDOT's transportation agencies can also use the information collected to understand traffic patterns, and then use this data to predict and alleviate traffic issues moving forward. Ciena's 6500 Packet-Optical Platform will allow CDOT to support the wide range of devices that sense and optimize vehicular traffic flows, monitor weather and road conditions, and warn operators of impending delays or dangers. Ciena's 5100 and 3900 families of switches, part of its Packet Networking portfolio, will provide CDOT with a scalable and highly resilient network that can quickly add new intelligent devices to the network. CDOT will also be able to better manage, monitor and control ITS network performance using Ciena's OneControl Unified Management System, which provides complete visibility and control of the network that connects the roadside sensors and displays.

Openreach Selects Ciena's 6500 Packet-Optical Platform for CPs

Openreach has announced plans to extend its suite of optical services for communications provider customers. The new capability includes 100Gbps service, which will become available during April 2014. Supported by Ciena's 6500 Packet-Optical platform, the new services will reportedly enable communications providers (CPs), to transport larger amounts of data, over longer distances. The optical services will also give enterprises and storage providers the tools to offer a broader range of services and applications, including the ultra-low latency facilities required by particular industries - for example high frequency trading in the financial sector or synchronous data backup. They will also enable businesses to locate in the most strategic locations, with the assurance of having access to high bandwidth, high quality connectivity.

Bharti Airtel Selects Ciena Corporation to Expand i2i Submarine Cable

Ciena Corporation has announced that i2i, a venture of Bharti Airtel Limited, has completed a submarine network upgrade spanning from India to Singapore using Ciena's converged packet optical and network management solutions. The upgrade leverages a flexible 100G ROADM-based infrastructure that has enabled Bharti to increase capacity over the i2i cable and respond to a surging demand for high-bandwidth data services driven by both enterprise applications and an increasing use of mobile bandwidth across the region. Ciena's network management solutions bring expanded intelligence to the i2i cable, delivering rapid service turn-up & proactive fault recovery, features that are critical to managing a high-performance submarine link. The high-capacity cable spans 3,200 kilometers and connects Singapore and Chennai, India. Powered by Ciena's 6500 Packet-Optical Platform, equipped with WaveLogic 3 processors, this submarine upgrade leveraged a combination of coherent optical technology and wavelength selective switching to enable rapid remote configuration of traffic across the i2i cable. A commitment to intelligent and scalable network designs, both key elements of Ciena's OPn architecture, allowed i2i to implement this upgrade quickly, ensuring that new capacity was ready and available according to Bharti's customers' demand. With Ciena's OneControl Unified Management System, i2i also benefits from simple point-and-click service provisioning to enable faster service turn-up and end-to-end visibility of network performance. OneControl also allows i2i to meet the demanding service level agreements of wholesale clients and perform rapid remote troubleshooting in the event of a network outage.

 

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Price/Earnings NM Not Meaningful
Price/Sales 1.0x
Price/Book NM Not Meaningful
Price/Cash Flow NM Not Meaningful
TEV/Sales 0.2x
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