Ciena Surges On Robust Telecom Spending
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Wed, Jun 12
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Earnings Preview: Ciena Reports ThursdayVytautas Drumelis • Tue, May 29, 2012 -
Earnings Recap: Ciena Narrows Q1 LossProactive Investor • Wed, Mar 7, 2012 -
Ciena Corp: Earnings PreviewZacks Investment Research • Tue, Mar 6, 2012 -
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Ciena: Earnings PreviewZacks Investment Research • Wed, Aug 31, 2011
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Shorts Track The Better Trade Off Ciena's Pre-Market EarningsMidnight Trader • Wed, Aug 31, 2011
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Ciena Beats, Guides In LineZacks Investment Research • Mon, Dec 13, 2010
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Ciena in Line, Guides UpZacks Investment Research • Thu, Jun 10, 2010
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Wednesday Options Brief: CIEN, TITN & KKRInteractive Brokers • Wed, Apr 10 -
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4 Technology Stocks With Bullish Short TrendsKapitall • Tue, Feb 26
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Thursday Options Brief: XOM, CIEN & ZAGGInteractive Brokers • Thu, Jan 31
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Wednesday Options Brief: TAP, PFE & CIENInteractive Brokers • Wed, Nov 7, 2012
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CIENA Management Discusses Q4 2012 Results - Earnings Call TranscriptThu, Dec 13, 2012
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CIENA Management Discusses Q3 2012 Results - Earnings Call TranscriptThu, Aug 30, 2012
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CIENA's CEO Hosts 2012 Analyst Day (Transcript)Mon, Jun 11, 2012
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CIENA Management Discusses Q2 2012 Results - Earnings Call TranscriptThu, May 31, 2012
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CIENA's CEO Hosts 2012 Annual Meeting (Transcript)Wed, Mar 21, 2012
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CIENA's CEO Discusses Q1 2012 Results - Earnings Call TranscriptWed, Mar 7, 2012
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CIENA Corp. - Special CallThu, Dec 15, 2011
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CIENA's CEO Discusses Q4 2011 Results - Earnings Call TranscriptThu, Dec 8, 2011
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CIENA's CEO Discusses Q3 2011 Results - Earnings Call TranscriptThu, Sep 1, 2011
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CIENA's CEO Discusses Q2 2011 Results - Earnings Call TranscriptWed, Jun 8, 2011
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CIENA's CEO Discusses Q1 2011 Results - Earnings Call TranscriptMon, Mar 7, 2011
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Ciena CEO Discusses F4Q10 Results - Earnings Call TranscriptThu, Dec 9, 2010
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CIENA Corp. F2Q10 (Qtr End 04/30/2010) Earnings Call TranscriptWed, Jun 9, 2010
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Ciena Corporation F1Q10 (Qtr End 01/31/10) Earnings Call TranscriptThu, Mar 4, 2010
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Ciena Corporation F4Q09 (Qtr End 10/31/09) Earnings Call TranscriptThu, Dec 10, 2009
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Ciena Corporation F3Q09 (Qtr End 07/31/09) Earnings Call TranscriptThu, Sep 3, 2009
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Ciena Corporation F2Q09 (Qtr End 04/30/09) Earnings Call TranscriptThu, Jun 4, 2009
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Business Wire (Wed, 9:00AM)
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at MarketWatch.com (Jun 6, 2013)
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at MarketWatch.com (Jun 6, 2013)
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at CNBC.com (Jun 6, 2013)
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at MarketWatch.com (Jun 6, 2013)
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at MarketWatch.com (Jun 6, 2013)
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at CNBC.com (Jun 6, 2013)
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Business Wire (Jun 6, 2013)
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Business Wire (May 23, 2013)
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Business Wire (May 21, 2013)
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Business Wire (May 17, 2013)
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at MarketWatch.com (May 16, 2013)
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Business Wire (May 15, 2013)
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Business Wire (May 1, 2013)
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at MarketWatch.com (Apr 10, 2013)
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at MarketWatch.com (Apr 10, 2013)
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Business Wire (Apr 10, 2013)
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Business Wire (Apr 9, 2013)
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Business Wire (Mar 18, 2013)
CIEN vs. ETF Alternatives
Company Description
We are a provider of communications networking equipment, software and services that support the transport, switching, aggregation and management of voice, video and data traffic. Our optical service delivery and carrier Ethernet service delivery products are used individually, or as part of an... More
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- | Earnings
- | Dividends
- | M&A
- | On the move
- Friday, September 28, 2012, 2:44 PM Some of the problems behind Adtran's (ADTN -10.5%) Q3 warning are company-specific, suggests MKM's Michael Genovese. Adtran is "under competitive attack" from Calix (CALX -2%) at rural telcos, he writes, and the company's sales to AT&T and Verizon are partly under pressure due to by declining sales of legacy hardware (presumably a reference to Adtran's T1/T3 and SONET gear). But Genovese grants the warning will heighten near-term investor concerns about industry peers such as ALU, CIEN, and TLAB. Comment! [Tech, On the Move, Quick Ideas]
- Friday, September 28, 2012, 11:00 AM Telecom equipment and optical component names slump in response to Adtran's (ADTN -8.9%) warning. CIEN -3.1%. JNPR -2.1%. APKT -3.3%. JDSU -3.5%. FNSR -4.3%. Adtran heavily blamed its shortfall on "delays in project rollouts" from U.S. carriers. That's a familiar refrain for both Adtran and its peers. AT&T and Verizon are doing their best to restrain capex in order to boost near-term profits, and the money that they are spending is increasingly focused on their faster-growing wireless ops. Comment! [Tech, On the Move]
- Monday, September 17, 2012, 1:41 PM Ciena (CIEN -2.6%) falls after Raymond James' Simon Leopold throws cold water on the Street's excitement over the company's growing 100G optical transmission gear sales. 100G still only makes up 6% of Ciena's sales, Leopold notes, and while that number will grow next year thanks to design wins, it will bring with it a margin hit. Ciena fell last month after warning of "slower-than-expected rollouts" for new design wins. Comment! [Tech, On the Move, Quick Ideas]
- Thursday, August 30, 2012, 9:16 AM More on Ciena's FQ3: The company expects FQ4 revenue of $455M-$480M, below a $499.5M consensus. It also expects gross margin to slip to ~40% from FQ3's 44.1%, and opex to grow to the "low $180s million" from FQ3's $175.2M. Optical transport (63% of sales) grew Y/Y but fell Q/Q. Ciena blames macro issues and "slower-than-expected rollouts" (likely related to 40G/100G optical gear) for its woes. CIEN -11.6%. Also lower: JDSU -2.2%. FNSR -2.7%. (other telecom equipment warnings: I, II, III, IV) Comment! [Tech, Earnings, On the Move]
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Thursday, August 30, 2012, 9:10 AM
Premarket gainers: FSR +15%. P +14%. GSV +14%. SRPT +12%. GERN +10%. VC +8%.
Losers: CIEN -11%. VRA -9%. RBA -6%. 1 Comment [On the Move] - Wednesday, August 15, 2012, 2:13 PM JDS Uniphase (JDSU +8.7%) surges after beating FQ4 estimates and providing healthy guidance. During its earnings call, JDS noted demand for 40G/100G optical components is growing rapidly - a positive for Ciena (CIEN +2.8%) - and hinted it has signed a new development contract with Microsoft. MKM believes JDS is gaining component share and is attractively valued, but Needham thinks a lot still depends on Q4 carrier budgets. FNSR +5.6%. OPLK +1.9%. NPTN +4.6%. OCLR +2.4%. Comment! [Tech, On the Move, Quick Ideas]
- Friday, August 10, 2012, 11:05 AM Goldman has launched coverage on Level 3 (LVLT +5.7%) and JDS Uniphase (JDSU +0.6%) with Buy ratings, though only the former seems to be benefiting Finisar (FNSR +0.7%) and Ciena (CIEN +0.1%) have been started at Neutral. Regarding Level 3, Goldman likes the impact of the Global Crossing acquisition on the company's balance sheet, and believes it could deliver "sustainable" free cash flow for the first time in its history. Comment! [Tech, On the Move, Quick Ideas]
- Monday, July 30, 2012, 9:34 AM Ciena (CIEN +3%) bounces after receiving an upgrade to Hold from Jefferies' George Notter: he predicts Ciena will deliver a strong July quarter and forward guidance, and expects a stronger focus on profitability over the next 6-12 months. The volatile optical networking hardware vendor (beta of 2.2) has been whipsawed (I, II) lately by industry earnings and capex news. Comment! [Tech, On the Move, Quick Ideas]
- Wednesday, July 25, 2012, 2:44 PM Juniper and Riverbed's results/guidance are stoking a rally in enterprise networking and telecom equipment stocks, many of whom have been volatile in response to earnings and capex news. CSCO +2.6%. FFIV +3.3%. CIEN +4.4%. CALX +6.7%. NTGR +4.5%. ARUN +7.3%. ERIC +2.6%. Needham, which launched coverage of Riverbed with a Strong Buy last month, is praising its strong pipeline and improving sales metrics. Jefferies likes Juniper's cost-reduction efforts. Comment! [Tech, On the Move, Quick Ideas]
- Thursday, July 19, 2012, 12:11 PM If there's a theme to Q2 tech earnings reports so far, it's "good enough." Just as several large-caps have rallied on so-so results, beaten-down telecom equipment and optical component names are rallying on Verizon's guidance for "flat to down" 2012 capex - some feared worse guidance in light of recent warnings. CIEN +5%. ALU +6.9%. JDSU +2%. FNSR +3%. JNPR +2.8%. Nomura sees Verizon's comments about 40G/100G optical investments as a positive for Juniper and Ciena. Comment! [Tech, On the Move, Quick Ideas]
- Tuesday, July 17, 2012, 10:22 AM Today's crash in Alcatel-Lucent (ALU -17.9%), the result of more ugly earnings news, is leading many to question its survival, at least without a major restructuring. Nomura's Stuart Jeffrey notes Alcatel's remarks about failing to reach its operating margin guidance suggest it will struggle to turn cash flow positive. Goldman has argued liquidity pressures could arrive by 2013. Plenty of other telecom equipment names have warned. CIEN -2.9%. TLAB -2.4%. (Q1 miss) Comment! [Tech, On the Move]
- Monday, July 16, 2012, 11:48 AM Some telecom equipment names slump after ZTE (ZTCOY.PK) becomes the latest vendor to warn. CIEN -3.2%. ALU -3.1%. ERIC -1.4%. Particularly worrisome may be ZTE's remarks about delayed orders from Chinese carriers, given how China, thanks to its heavy broadband spending, has remained an area of strength amidst a soft telecom capex environment. ZTE has also emerged a top-5 mobile phone vendor, thanks partly to strong Android sales. (Adtran) (Calix) (Acme Packet) Comment! [Tech, On the Move]
- Wednesday, July 11, 2012, 4:31 PM Calix (CALX -10.2%) falls 23.8% AH after warning it expects Q2 revenue of $79M and EPS of $0.04, far below a consensus of $95.1M and $0.10. The broadband infrastructure provider, already hit hard by Adtran's Q2 report, blames weak service provider capex in multiple markets. The capex cuts, in turn, are blamed on macro issues and regulatory uncertainty. UBS' call on telecom capex is looking quite accurate at this point. Comment! [Tech, Earnings, On the Move]
- Wednesday, July 11, 2012, 10:59 AM Adtran (ADTN -14.3%) plunges after reporting Q2 revenue of $184M (down slightly Y/Y) and EPS of $0.38; the latter beat by $0.03, but the former missed by $6.2M. Much like Acme Packet, Adtran blames a tough telecom capex environment for its woes. The company is guiding for Q3 revenue to be flat to slightly up Q/Q (consensus is for a 20% increase), and says poor visibility leaves it cautious about the near-term. Down in sympathy: CIEN -7%. CALX -6.4%. TLAB -1.7%. (PR) Comment! [Tech, On the Move, Earnings]
- Tuesday, June 12, 2012, 11:57 AM Ciena (CIEN +1.7%) catches a bid following positive commentary in the wake of its recent investor day. Nomura (Buy) expects Ciena's strong revenue growth and relatively fixed operating expenses to drive margin expansion, while Needham (Buy) notes Ciena remains confident about its outlook in spite of macro concerns due to the strong uptake for its 100G optical transmission gear. Comment! [Tech, On the Move, Quick Ideas]
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Thursday, May 31, 2012, 9:10 AM
Premarket gainers: TLB +100%. MVIS +27%. GET +12%. ISR +7%. CIEN +5%.
Losers: CHTP -23%. AONE -19%. JOY -6%. Comment! [On the Move]
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Spencer Knight
ALU didn't help FNSR's stock. GLW and CIEN barely holding on to a positive day. I don't see them finishing in the green. - View all 0 replies
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