HANOVER, Md. & MADRID--(BUSINESS WIRE)--Telxius, a leading global connectivity provider, and Ciena (NYSE: CIEN) recently completed a key milestone and industry first—a 1.3 Tb/s single wavelength transmission carried out across Telxius' 6,600km Marea submarine cable between Virginia Beach, Virginia, and Bilbao, Spain. Powered by Ciena's WaveLogic 6 Extreme (WL6e) technology, the companies also a...
I am upgrading CIEN to a buy as 2Q25 results confirm a powerful new AI-driven growth cycle, with cloud orders doubling and service provider demand rebounding. CIEN's strategic wins in AI-specific applications and expanded presence in the value chain significantly increase its total addressable market and long-term growth runway. Service provider recovery is accelerating, with record MOFN activi...
Previously, Graff was CFO at provider of hardware and software solutions Altera, and before that served as CFO and chief operating officer for Intel's data center and AI group.
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation announced the appointment of Marc D. Graff as Senior Vice President and Chief Financial Officer (CFO) effective August 1, 2025.
Share prices of Ciena (CIEN -2.60%) plunged nearly 13% in a single day (June 5) following the release of the company's fiscal 2025 second-quarter results (for the three months ended May 3). The steep drop seemed a tad harsh, as its numbers were quite solid.
HANOVER, Md.--(BUSINESS WIRE)--Ciena (NYSE: CIEN) has compiled a new report on wavelength services – the first of its kind – that explores the key drivers of the need for high-speed connectivity. The report examines the critical role of wave services in enabling the expansion of interconnected data centers driven by Artificial Intelligence (AI), the growing importance of low latency and data so...
Ciena is deeply embedded in secular growth trends—cloud, AI, 5G, and hyperscaler expansion—driving strong revenue and strategic contract wins. Despite robust top-line growth and product traction, margins remain pressured by product mix, supply chain issues, and concentration risk among hyperscaler clients. Valuation is stretched: Ciena trades at a significant premium to peers and its own histor...
Ciena (CIEN) shares tumbled nearly 14% Thursday after the networking systems company's fiscal second-quarter profit fell short of analysts' estimates.
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