Ciena Stock (NYSE:CIEN)
Previous Close
$488.21
52W Range
$70.85 - $637.51
50D Avg
$518.60
200D Avg
$296.11
Market Cap
$66.06B
Avg Vol (3M)
$2.73M
Beta
1.24
Div Yield
-
CIEN Company Profile
Ciena Corporation is a global technology company focused on telecommunications infrastructure. It delivers integrated solutions – including specialized hardware, software applications, and professional services – designed to facilitate the efficient transmission, routing, switching, aggregation, delivery, and overall management of video, data, and voice traffic across communication networks worldwide. Within its Networking Platforms division, Ciena develops and supplies advanced hardware and integrated solutions. These products are specifically engineered to optimize the convergence of various optical transport methods (like coherent optical transport and optical transport network switching) with packet switching, enabling high-performance data handling. The product portfolio spans a range of packet-optical platforms (e.g., the 6500, 5400, and Z-Series), reconfigurable switching systems (such as the 5430), Waveserver interconnect systems, and dedicated switches for service delivery and aggregation (including the 3000 and 5000 families). This segment also provides the essential operating system software and advanced features embedded within its hardware offerings. Ciena's Blue Planet Automation Software and Services arm is dedicated to intelligent network automation. It offers solutions for orchestrating services across multiple network domains, maintaining precise network inventory, optimizing data routes, coordinating virtualized network functions (NFV), and delivering insightful analytics, alongside related support. The Platform Software and Services segment provides unified management platforms, exemplified by its OneControl system, as well as other software tools for comprehensive network planning, operational control, and ongoing oversight. Finally, the Global Services segment delivers end-to-end client support. This includes strategic consulting, detailed network architecture design, expert installation and deployment, ongoing maintenance, and comprehensive training programs. The company distributes its cutting-edge products and services to network operators through both direct sales forces and indirect channel partners. Established in 1992, Ciena Corporation maintains its corporate headquarters in Hanover, Maryland.
CIEN Performance
Revenue Breakdown
Revenue Breakdown by Product/Service
| Product/Service | Nov 24 | Oct 23 | Oct 22 |
|---|---|---|---|
| Blue Planet Automation Software and Services Segment | $77.62M | - | - |
| Platform Software and Services | $358.06M | $303.87M | - |
| Maintenance Support And Training | $303.09M | $288.33M | - |
| Installation And Deployment | $184.36M | $180.95M | - |
| Consulting And Network Design | $49.77M | $50.73M | - |
| Blue Planet Automation Software and Services | $77.62M | $69.17M | - |
| Networking Platforms Segment | $3.04B | - | - |
| Global Services | $537.22M | - | - |
| Platform Software and Services Segment | $358.06M | - | - |
| Service | - | - | $743.81M |
| Product | - | - | $2.89B |
Fiscal year ends in Nov 25 | Currency in USD
Peer Comparison
| Ticker | Company |
|---|---|
| SATS | EchoStar Corporation |
| ASTS | AST SpaceMobile, Inc. |
| HPE | Hewlett Packard Enterprise Company |
| TER | Teradyne, Inc. |
| CRDO | Credo Technology Group Holding Ltd |
| WIT | Wipro Limited |
| TDY | Teledyne Technologies Incorporated |
| BR | Broadridge Financial Solutions, Inc. |
| ZM | Zoom Communications, Inc. |
| ERIC | Telefonaktiebolaget LM Ericsson (publ) |