Ciena Corporation (CIEN) is scheduled to report first-quarter fiscal 2024 results on Mar 7.The Zacks Consensus Estimate for earnings is pegged at 46 cents per share, suggesting a 28.1% decrease from the year-ago level.For the first quarter of fiscal 2024, management expects revenues in the range of $980 million-$1.06 billion.The consensus estimate for revenues is pegged at $1.02 billion, indicating a decline of 3.6% from the prior-year level.CIEN has a trailing four-quarter earnings surprise of 30.7%, on av ...

In its upcoming report, Ciena (CIEN) is predicted by Wall Street analysts to post quarterly earnings of $0.46 per share, reflecting a decline of 28.1% compared to the same period last year. Revenues are forecasted to be $1.02 billion, representing a year-over-year decrease of 3.6%.The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this pe ...

PRINCETON, N.J., & HANOVER, Md.--(BUSINESS WIRE)--Astound Business Solutions, an award-winning nationwide provider of high-capacity and secure connectivity for business customers, has launched 400G Wavelength, a commercial service that leverages Ciena’s (NYSE: CIEN) WaveLogic 5 Extreme (WL5e) 800G and WaveLogic 5 Nano (WL5n) 400G coherent optics to deliver the massive capacity required by large carriers, enterprises, and public sector organizations. Astound’s nationwide fiber-optic network covers more th ...

VILNIUS, Lithuania, & HANOVER, Md.--(BUSINESS WIRE)--Telia Lithuania, a Telia Company subsidiary and leading supplier of telecom services, is leveraging Ciena's (NYSE: CIEN) WaveLogic 5 Extreme (WL5e) coherent optics to upgrade its countrywide network to support 400G and higher services and deploy the first 800Gb/s wavelength service between major cities in Lithuania. With this deployment, Telia Lithuania can deliver more flexible, higher-capacity, and cost-effective transport services with the resilienc ...

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, announced today that proxy materials are now available for its 2024 Annual Meeting of Stockholders to be held Thursday, March 21, 2024 at 3:00 p.m. Eastern Time. Event: 2024 Annual Meeting of Stockholders Date: Thursday, March 21, 2024, 3:00 p.m. ET Listen Live: An audio webcast of the meeting, accompanied by a slide presentation, will be posted at the time of the event. Stockholders of ...

HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN) expects to announce its fiscal first quarter financial results on Thursday, March 7, 2024 before the open of the financial markets. The press release will be available on Ciena’s website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena’s management will then host a live audio web broadcast beginn ...

DUBLIN, Ireland--(BUSINESS WIRE)--Aqua Comms, a leading provider of global subsea connectivity services, today announced a long-term lease agreement for Trans-Atlantic subsea spectrum with Energy Sciences Network (ESnet) for 25% of a fibre pair between New York, Dublin and London. This agreement marks the first Trans-Atlantic spectrum acquisition by ESnet, the high-performance network built to support scientific research, funded by the U.S. Department of Energy’s (DOE’s) Office of Science and managed by Law ...

Ciena (CIEN) announced that its WaveLogic 6 Extreme (WL6e) technology is being leveraged by an independent international capacity provider in Australasia — Southern Cross — to enhance its Southern Cross (SX) NEXT expansion from Sydney to Los Angeles.The SX NEXT cable represents a high-performance system, marking the initial phase of replacing the original systems by 2030. WL6e enables the deployment of 800 Gb/s wavelengths across the extensive 12,500-plus km span and delivers reliable, energy-efficient, and ...

SYDNEY, Australia--(BUSINESS WIRE)--Southern Cross, Australasia’s independent specialist international capacity provider, is planning to deploy Ciena's (NYSE: CIEN) industry-leading WaveLogic 6 Extreme (WL6e) technology as a key part of the Southern Cross (SX) NEXT expansion plans from Sydney to Los Angeles. The use of WL6e technology in NEXT will allow the implementation of 800 Gb/s wavelengths across the single 12,500+km span, providing reliable, energy efficient, and high bandwidth connections to support ...

SYDNEY--(BUSINESS WIRE)--To satisfy rising bandwidth demands and cut energy use across its network, Vocus will deploy Ciena's (NYSE: CIEN) industry-leading WaveLogic 6 Extreme (WL6e) 1.6 Tb/s coherent technology across its long haul and metro links. This industry-first coherent optic solution will enable Vocus to benefit from greater cost-effectiveness and reliability. “We are delighted to be the first network operator to announce plans to adopt this exciting technology after partnering with Ciena to power ...