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Last $22.86 USD
Change Today +0.29 / 1.28%
Volume 2.2M
CIEN On Other Exchanges
Symbol
Exchange
Frankfurt
As of 8:04 PM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

ciena corp (CIEN) Snapshot

Open
$22.52
Previous Close
$22.57
Day High
$22.87
Day Low
$22.41
52 Week High
07/24/15 - $26.50
52 Week Low
10/15/14 - $13.77
Market Cap
2.9B
Average Volume 10 Days
2.9M
EPS TTM
$-0.09
Shares Outstanding
128.3M
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 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.

5,108 Employees
Last Reported Date: 06/10/15
Founded in 1992

ciena corp (CIEN) 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 (CIEN) Key Developments

Ciena Upgrades SK Telecom’s Network with Advanced Packet Optical Platform

Ciena’s Packet-Optical Platform is being deployed by SK Telecom as it upgrades its nationwide infrastructure to deliver wireless services as well as enhanced wireline business and consumer broadband offerings. SK Telecom’s business and customers will benefit from extremely high-availability, high-capacity and flexible services that are essential for the cloud and other high-bandwidth, web-scale applications, such as those required for streaming video.

TCR Telecom Selects Ciena to Support Brazil’s Porto Maravilha Telecomunications Project

TCR Telecom in Rio de Janeiro, Brazil has deployed a new municipal network with packet networking platforms from Ciena. The network supports the revitalization of Rio’s port region, which seeks to re-integrate the port region into the city of Rio de Janeiro by revitalizing more than 1,200 acres in the downtown neighborhoods of Gamboa, Santo Cristo and Saúde, by providing high-speed connectivity that increases the attractiveness of commercial space, supports residential growth and the opening of new tourist attractions. It provides greater access to a high-capacity, low-latency and resilient network that is capable of delivering carrier-grade services, such as premium Gigabit Ethernet (GigE) services, to businesses and data centers in 'Porto Maravilha'.

Philippe Morin to Resign as Senior Vice President, Worldwide Sales and Field Operations of Ciena Corporation , with Effect from October 31, 2015

On August 8, 2015, Philippe Morin, Senior Vice President, Worldwide Sales and Field Operations, notified Ciena Corporation of his decision to resign as an officer and employee of Ciena and its subsidiaries, effective as of October 31, 2015. In connection with Ciena's broader organizational design planning, Ciena and Mr. Morin have agreed to work together to provide for an orderly transition of his role for Ciena customers and the global field organization.

 

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Industry Analysis

CIEN

Industry Average

Valuation CIEN Industry Range
Price/Earnings NM Not Meaningful
Price/Sales 1.1x
Price/Book 19.0x
Price/Cash Flow 90.6x
TEV/Sales 0.3x
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