Last $16.72 USD
Change Today 0.00 / 0.00%
Volume 4.5M
CIEN On Other Exchanges
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As of 8:04 PM 10/1/14 All times are local (Market data is delayed by at least 15 minutes).

ciena corp (CIEN) Snapshot

Open
$16.74
Previous Close
$16.72
Day High
$16.94
Day Low
$16.57
52 Week High
10/22/13 - $27.94
52 Week Low
10/1/14 - $16.57
Market Cap
1.8B
Average Volume 10 Days
3.5M
EPS TTM
$-0.18
Shares Outstanding
106.6M
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.

5,136 Employees
Last Reported Date: 09/9/14
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 Worldwide Sales & Fi...
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

Ciena Corporation Announces Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended June 30, 2014; Provides Earnings Guidance for the Fourth Quarter of 2014

Ciena Corporation announced unaudited consolidated earnings results for the third quarter and nine months ended June 30, 2014. For the quarter, the company reported total revenue was $603,562,000 compared to $538,356,000 for the same period a year ago. Income from operations was $37,002,000 compared to $14,831,000 for the same period a year ago. Income before income taxes was $19,166,000 compared to $692,000 for the same period a year ago. Net income was $16,160,000 or $0.15 per diluted share compared to net loss of $1,231,000 or $0.01 per diluted share for the same period a year ago. Adjusted (non-GAAP) net income was $40.9 million, or $0.32 per diluted common share, which compares to an adjusted (non-GAAP) net income of $26.2 million, or $0.23 per diluted common share, for the fiscal third quarter 2013. Cash flow from operations totaled $51.1 million. Adjusted (non-GAAP) income from operations was $61,228,000 compared to $44,290,000 for the same period a year ago. For the nine months, the company reported total revenue was $1,697,326,000 compared to $1,499,161,000 for the same period a year ago. Income from operations was $47,519,000 compared to loss from operations of $1,358,000 for the same period a year ago. Loss before income taxes was $268,000 compared to $69,104,000 for the same period a year ago. Net loss was $9,934,000 or $0.74 per diluted share compared to net loss of $75,634,000 or $0.09 per diluted share for the same period a year ago. Net cash provided by operating activities was $15,967,000 compared to $41,127,000 for the same period a year ago. Payments for equipment, furniture, fixtures and intellectual property was $35,974,000 compared to $31,884,000 for the same period a year ago. The company expected fiscal fourth quarter 2014 to be impacted by several significant variables that contribute to a broader range of potential outcomes for both revenue and gross margin than typically expected. For the quarter revenue expected to be in the range of $570 million to $610 million. Adjusted (non-GAAP) gross margin expected to be in the high 30s to low 40s percent range.

Openreach Strengthens Ethernet Access Direct Services with Ciena

Openreach, BT's local access network business, has selected Ciena's packet networking solutions to support the evolution of its Ethernet services.

Ciena Corporation to Report Q3, 2014 Results on Sep 04, 2014

Ciena Corporation announced that they will report Q3, 2014 results at 9:00 AM, Eastern Standard Time on Sep 04, 2014

 

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CIEN

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Valuation CIEN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.8x
Price/Book NM Not Meaningful
Price/Cash Flow 64.4x
TEV/Sales NM Not Meaningful
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