HANOVER, Md.--(BUSINESS WIRE)--Ciena Corporation expects to announce its fiscal first quarter financial results on Thursday, March 5, 2026 before the open of the financial markets.
Ciena, which sells optical networking equipment, will replace human resources software company Dayforce in the S&P 500. Demand for hardware that can support generative artificial intelligence workloads has boosted Ciena's revenue growth.
The AI sector remains highly attractive, with top quant-rated stocks offering superior growth and fundamentals despite recent volatility and sharp pullbacks. Head of Quantitative Strategy at Seeking Alpha, Steven Cress, shares which AI stocks look best for this year.
Ciena is capitalizing on demand for AI networking infrastructure, achieving 19% revenue growth in FY 2025 vs. its initial 8-11% guidance. CIEN's growth was propelled by hyperscalers and emerging AI-focused cloud providers rapidly expanding data center interconnectivity for advanced AI training clusters. The industry shift from centralized AI training to distributed inference networks is driving...
In the fourth quarter we sold four stocks (WAL, CFLT, CCOI, CIEN) and added six new investments (MIR, VCEL, AMPL, VIAV, GTLB, AAON). We exited our investment in infrastructure software vendor CFLT following the announcement that IBM would acquire the company for $11 billion, or $31 per share. We initiated a new investment position in GitLab (GTLB), a Dev/Sec/Ops software platform vendor that he...
Demand for high-speed networking in artificial intelligence (AI) data centers has supercharged this company's growth. Its order book suggests that stronger revenue growth is in the cards this year.
HANOVER, Md.--(BUSINESS WIRE)--Telekom Srbija Group, one of the largest and fastest-growing telecommunications operators in Southeast Europe and a digital transformation leader in the Western Balkans, and its subsidiary Mtel are utilizing Ciena's (NYSE: CIEN) coherent optical solutions to enhance network connectivity between Serbia and Bosnia-Herzegovina. This initiative will support regional g...
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