$CIEN (Ciena Corporation)

$CIEN {{ '2016-06-02T11:51:34+0000' | timeago}} • Announcement

Telecom network equipment supplier $CIEN reported lower earnings in 2Q16, hurt by higher OpEx and lower income from operations. 2Q16 net income was $14MM or $0.10 per diluted common share versus $20.7MM or $0.17 per diluted common share in 2Q15. Revenue was $640.7MM in the quarter versus $621.6MM last year. Non-GAAP diluted EPS was $0.34 in 2Q16.

$CIEN {{ '2017-06-30T11:59:56+0000' | timeago}} • Announcement

Network technology company $CIEN has announced an exchange offer for its outstanding 3.75% convertible senior notes due 2018, to provide the company with cash settlement options upon conversion election by holders. The offer is for exchange of the notes for a new series of 3.75% convertible senior notes due 2018.

$T {{ '2017-06-01T13:22:17+0000' | timeago}} • Webcast

Regarding the $T win, $CIEN said the company expects it to be flat to down in 2017 despite the new win. Additionally, the company expects a strong 2H17 with $T and believes the it would be an important customer for $CIEN for the long term.

$CIEN {{ '2017-06-01T13:08:27+0000' | timeago}} • Webcast

For FY17, $CIEN expects to achieve annual revenue growth in the range of 8-9%.

$CIEN {{ '2017-06-01T13:02:08+0000' | timeago}} • Webcast

In EMEA, $CIEN continued to see more stability, with the region growing 10% YoY in 2Q17. For Waveserver platform in Converged Packet Optical products, revenue is beginning to accelerate gaining six new customers in the quarter. Consequently, $CIEN now believes the revenue from Waveserver to exceed the previous projection of $50-100MM for FY17.

$CIEN {{ '2017-06-01T12:57:04+0000' | timeago}} • Webcast

$CIEN stated that in Asia-Pacific, India is currently the company's major contributor to growth, driving about $100MM in revenue from India alone in 1H17. The company believes that the current broad infrastructure build-out in India will be a long-term positive for $CIEN.

$CIEN {{ '2017-06-01T12:39:25+0000' | timeago}} • Infographic

$CIEN Ciena Corporation Earnings AlphaGraphics: Q2 2017 highlights

$CIEN {{ '2017-06-01T11:28:27+0000' | timeago}} • Announcement

$CIEN expects 3Q17 revenue in the range of $710-740MM and adjusted gross margin in the mid-40s percentage range. The company predicts adjusted operating expense of about $235MM.

$CIEN {{ '2017-06-01T11:25:12+0000' | timeago}} • Announcement

$CIEN reported a jump in 2Q17 earnings as positive market dynamics and a growing competitive advantage drove revenue higher. Net income rose to $38.03MM or $0.25 per share from $14MM or $0.10 per share last year. Revenue grew to $707.02MM from $640.72MM. Adjusted EPS increased to $0.45 from $0.34.

$CIEN {{ '2017-03-08T14:31:25+0000' | timeago}} • Webcast

$CIEN stated that with regards to cloud-DCI optical rollouts, it has a broad global engagement with the ICPs. The company provides services in and outside North America. This allows engagement with a broader set of customers in the DCI connectivity market. Amid slight fluctuations, $CIEN sees overall positive growth and market share gains.

$CIEN {{ '2017-03-08T14:09:54+0000' | timeago}} • Webcast

$CIEN said there are some large builds underway in India to bring 4G into the marketplace with a number of carriers investing significantly. India is $CIEN’s fastest growing country and the company is well-positioned. It is a multi-year opportunity across a broad base of technologies. $CIEN believes this market will bring high growth.

$CIEN {{ '2017-03-08T14:01:20+0000' | timeago}} • Webcast

For FY17, $CIEN expects to grow revenue faster than the overall market growth rate of mid single digits. The company expects adjusted GM in the mid-40s percentage range, adjusted Opex to average approx. $235MM per quarter and adjusted operating margin in the range of 11-13%.

$CIEN {{ '2017-03-08T13:56:18+0000' | timeago}} • Webcast

During 1Q17, $CIEN’s APAC revenue grew nearly 60% over 1Q16. India in particular continues to be a fast-growing market. In EMEA, revenue was up 13% YoY. Overall, international sales made up 39% of total revenue in 1Q17. In North America, revenue grew 14% YoY.

$CIEN {{ '2017-03-08T13:43:19+0000' | timeago}} • Webcast

In 1Q17, $CIEN’s revenue grew approx. 8.5% over 1Q16. The company won significant customers in the US, India, Japan and the Middle East and continued to gain share in key segments of the market including DCI and submarine applications. $CIEN saw its highest ever product order inflows in 1Q17.

$CIEN {{ '2017-03-08T13:14:31+0000' | timeago}} • Infographic

$CIEN Ciena Corporation Earnings AlphaGraph: Q1 2017 Highlights

$CIEN {{ '2017-03-08T12:27:44+0000' | timeago}} • Announcement

$CIEN expects 2Q17 revenue of $680-710MM, adjusted gross margin in the mid-40s percentage range and adjusted operating expense of about $240MM. CEO Gary Smith said $CIEN's strategic investments and differentiated portfolio are providing strong momentum, and believes that it is well-positioned to deliver FY17 financial targets.

$CIEN {{ '2017-03-08T12:24:34+0000' | timeago}} • Announcement

$CIEN swung to a 1Q17 profit from a loss last year, driven by lower interest expenses as well as higher revenue. Net income was $3.86MM or $0.03 per share compared to a loss of $11.55MM or $0.08 per share last year. Revenue grew to $621.5MM from $573.1MM. Adjusted EPS increased to $0.26 from $0.18.

$CIEN {{ '2017-03-02T17:44:41+0000' | timeago}} • Announcement

Angola Cables selected $CIEN solutions, GeoMesh and Blue Planet, to support its new service launch on the MONET subsea cable. This 10,556 km route will provide over 25 Tb/s of traffic on Angola Cables' network between the U.S. and Brazil. The MONET subsea cable, an open cable-line system, is expected to be in service in the second half of 2017.

$CIEN {{ '2017-01-24T14:50:20+0000' | timeago}} • Announcement

$CIEN announced that Francois Locoh-Donou will step down as Senior Vice President and Chief Operating Officer, effective on or about March 23, 2017.

$CIEN {{ '2016-12-08T14:12:04+0000' | timeago}} • Infographic

$CIEN Ciena Earnings AlphaGraph: Q4 2016 Highlights

$CIEN {{ '2016-12-08T14:07:52+0000' | timeago}} • Webcast

$CIEN expects 1Q17 revenue to be in the range of $615-645MM. Adjusted gross margin is expected to be in mid 40s percentage target range for both 1Q17 and FY17. Adjusted operating expense is expected to be in the range of $220-225MM for 1Q17 and to be in the average of $235MM per quarter for FY17.

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