Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last €18.18 EUR
Change Today +0.336 / 1.88%
Volume 42.0
CIE1 On Other Exchanges
Symbol
Exchange
New York
Frankfurt
As of 10:32 AM 03/31/15 All times are local (Market data is delayed by at least 15 minutes).

ciena corp (CIE1) Snapshot

Open
€17.81
Previous Close
€17.84
Day High
€18.21
Day Low
€17.56
52 Week High
03/16/15 - €20.15
52 Week Low
10/15/14 - €10.80
Market Cap
2.0B
Average Volume 10 Days
125.8
EPS TTM
--
Shares Outstanding
108.3M
EX-Date
--
P/E TM
--
Dividend
--
Dividend Yield
--
Current Stock Chart for CIENA CORP (CIE1)

ciena corp (CIE1) Related Businessweek News

View More BusinessWeek News

ciena corp (CIE1) Details

Ciena Corporation provides equipment, software, and services that support the transport, switching, aggregation, service delivery, and management of voice, video, and data traffic on communications networks worldwide. The company’s Converged Packet Optical segment offers networking solutions optimized for the convergence of coherent optical transport, OTN switching, and packet switching. Its products comprise the 6500 Packet-Optical Platform, 5430 Reconfigurable Switching System, CoreDirector Multiservice Optical Switches, 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. Its Packet Networking segment provides the 3000 family of service delivery switches and service aggregation switches, the 5000 family of service aggregation switches, 8700 Packetwave Platform, and its Ethernet packet configuration for the 5410 Service Aggregation Switch. The company’s 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. Its Software and Services segment offers the SDN multilayer WAN controller, network functions virtualization platform, and network level software applications; the OneControl Unified Management System, an integrated network and service management software; and the ON-Center Network & Service Management Suite, Ethernet Services Manager, and Optical Suite Release. This segment also provides consulting, network design, installation and deployment, maintenance support, and training services. The company markets its products through direct and indirect sales channels to network operators. Ciena Corporation was founded in 1992 and is headquartered in Hanover, Maryland.

5,070 Employees
Last Reported Date: 03/12/15
Founded in 1992

ciena corp (CIE1) Top Compensated Officers

Chief Executive Officer, President and Direct...
Total Annual Compensation: $788.1K
Chief Financial Officer and Senior Vice Presi...
Total Annual Compensation: $450.6K
Senior Vice President of Worldwide Sales & Fi...
Total Annual Compensation: $463.7K
Senior Vice President of Global Products Grou...
Total Annual Compensation: $420.5K
Chief Technology Officer, Senior Vice Preside...
Total Annual Compensation: $400.5K
Compensation as of Fiscal Year 2014.

ciena corp (CIE1) Key Developments

Middle East-Europe Terrestrial System Uses Ciena® Converged Packet Optical Networking Solutions to Give Regional and International Carriers

In order to accommodate increasing international bandwidth demand, the Middle East-Europe Terrestrial System (MEETS) is using Ciena® converged packet optical networking solutions to give regional and international carriers, as well as local and global ICT companies, access to high-capacity, scalable, wholesale network services to extend network reach, enable high-bandwidth enterprise and datacenter traffic, and facilitate LTE 4G mobile expansions. Key Facts include: MEETS, a network consortium made up of du, Vodafone, Zain, and Zajil, is a 100G terrestrial optical transport network (OTN) connecting key Gulf states, the UAE, Qatar, KSA Bahrain and Kuwait, and is expected to connect the region to Europe. As the high-capacity fiber optic cable system is built alongside an existing power transmission network it is cost-effective and reliable, providing reduced service latency and geographic diversity across the Middle East; With Cienas 6500 packet-optical platform, equipped with 100G WaveLogic coherent optics and packet/OTN switching, MEETS can efficiently scale and interconnect large numbers of users. OneConnect Intelligent Control Plane creates a programmable network and provides the ability to customize service level guarantees with multiple levels of protection and restoration options; Cienas OneControl unified management software allows MEETS to rapidly turn up services with full visibility across all layers and advanced service assurance applications ensure efficient troubleshooting.

Ciena Introduces New Capabilities for Service Providers

Ciena Corporation has introduced new capabilities for service providers, internet content and cloud providers. These innovations embrace the web-scale IT philosophy, delivering increased bandwidth and improved economics through greater efficiency, network automation and agility, and include extending the reach and capacity of submarine networks, simplifying and cost reducing metro and regional networks, and speeding deployment of small cell backhaul to improve coverage in an increasingly mobile-first world. By supporting the concepts of web-scale IT in networking, Ciena is arming network providers to take advantage of the trends associated with this web-scale dynamic. Building on Ciena's industry leadership in optical networking, packet and software and leveraging its OP©ú architecture approach to transform capacity into capability, these new capabilities include new WaveLogic 3 Extreme and Nano chipsets, the Coherent Select architecture for metro applications, and new small cell/mobile backhaul capabilities. Ciena's new WaveLogic 3 Extreme chipset provides maximum bandwidth at any distance for Ciena's 6500 and 5430 converged packet optical platforms. It doubles capacity of metro and regional networks and combined with Flexible Grid technology has enabled up to 85% greater capacity in submarine networks. Already deployed by Verizon, Southern Cross, Japan-US Cable Network and Trans Pacific Express, these enhancements are essential for meeting web-scale demands in metro, regional and trans-oceanic networks. The new WaveLogic 3 Nano chipset, being implemented across Ciena's 6500 and 8700 platforms, recognizes that some web-scale applications need power and space efficiency more than raw capacity. WaveLogic 3 Nano is custom-tailored for metro economics, allowing high 100G densities in a much smaller footprint and using lower electrical power consumption. Ciena's new Coherent Select photonic architecture creates a simple, flexible metro architecture that is purpose-built for high-capacity user-to-content connectivity essential for today's web-scale dynamics. Leveraging sophisticated software, Coherent Select paired with the native receiver tunability of WaveLogic chipsets, enables service providers to cost-effectively bring 100G closer to the metro using a simple-to-deploy connectivity model that provides the right economics for wide deployment scalability. Content-rich web-scale applications are increasingly consumed via mobile devices. Addressing mobile congestion, coverage, and quality of experience issues, Ciena's enhanced mobile backhaul solutions help mobile operators and wholesale backhaul providers rapidly deploy wireless small cells, both indoor and outdoor. Ciena's new 3904 and 3905 Service Delivery Switches leverage Ciena's field-proven packet leadership to ensure the backhaul portion of the small cell radio antennas is always available and that service level agreements (SLAs) are maintained.

Ciena Corporation Reports Unaudited Consolidated Earnings Results for the First Quarter Ended January 31, 2015; Provides Earnings Guidance for the Second Quarter of 2015

Ciena Corporation reported unaudited consolidated earnings results for the first quarter ended January 31, 2015. For the quarter, the company's total revenue was $529,162,000 against $533,703,000 a year ago. Income from operations was $4,165,000 against $3,355,000 a year ago. Loss before income taxes was $17,729,000 against $13,671,000 a year ago. Net loss was $18,779,000 or $0.17 basic and diluted per share against $15,936,000 or $0.15 basic and diluted per share a year ago. Net cash provided by operating activities was $22,138,000 against net cash used in operating activities of $37,158,000 a year ago. Payments for equipment, furniture, fixtures and intellectual property were $11,194,000 against $15,776,000 a year ago. Adjusted income from operations was $36,220,000 against $31,587,000 a year ago. Adjusted net income was $13,637,000 or $0.12 diluted per share against $13,679,000 or $0.13 diluted per share a year ago. For the second quarter of 2014, the company expects revenue in the range of $585 million to $615 million, adjusted gross margin in the range of 40% and 43%, adjusted operating expense of $210 million range.

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
CIE1:GR €18.18 EUR +0.336

CIE1 Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Benchmark Electronics Inc $23.99 USD -0.46
Brocade Communications Systems Inc $11.93 USD +0.14
JDS Uniphase Corp $13.11 USD -0.03
Polycom Inc $13.32 USD -0.03
Venture Corp Ltd $8.55 SGD +0.07
View Industry Companies
 

Industry Analysis

CIE1

Industry Average

Valuation CIE1 Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 0.9x
Price/Book NM Not Meaningful
Price/Cash Flow 1,940.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact CIENA CORP, please visit www.ciena.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.