Edition:
United States

Ciena Corp (CIEN.N)

CIEN.N on New York Stock Exchange

23.12USD
1:18pm EST
Change (% chg)

$-0.04 (-0.17%)
Prev Close
$23.16
Open
$23.22
Day's High
$23.37
Day's Low
$23.12
Volume
157,675
Avg. Vol
648,375
52-wk High
$27.97
52-wk Low
$19.42

Latest Key Developments (Source: Significant Developments)

Ciena Corp CEO's 2017 Total Compensation Was $7.6 Million
Tuesday, 20 Feb 2018 08:44am EST 

Feb 20 (Reuters) - Ciena Corp ::CIENA CORP CEO GARY B. SMITH'S 2017 TOTAL COMPENSATION WAS $7.6 MILLION VERSUS $6.2 MILLION IN 2016 – SEC FILING‍​.  Full Article

Ciena Announces $300 Million Share Repurchase Authorization
Thursday, 7 Dec 2017 07:01am EST 

Dec 7 (Reuters) - Ciena Corp ::CIENA ANNOUNCES $300 MILLION SHARE REPURCHASE AUTHORIZATION.CIENA CORP - SHARE REPURCHASE PROGRAM WILL BE FUNDED WITH CASH ON HAND OR CASH GENERATED FROM OPERATIONS.CIENA - BOARD AUTHORIZED REPURCHASE OF UP TO $300 MILLION OF COMMON STOCK THROUGH END OF FISCAL 2020.  Full Article

Ciena Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.46
Thursday, 7 Dec 2017 07:00am EST 

Dec 7 (Reuters) - Ciena Corp ::CIENA REPORTS FISCAL FOURTH QUARTER 2017 AND YEAR-END FINANCIAL RESULTS.Q4 REVENUE $744.4 MILLION VERSUS I/B/E/S VIEW $736.9 MILLION.Q4 EARNINGS PER SHARE $7.32.Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.46.Q4 EARNINGS PER SHARE VIEW $0.50 -- THOMSON REUTERS I/B/E/S.- ‍AUTHORIZED A PROGRAM TO REPURCHASE UP TO $300 MILLION OF COMPANY'S COMMON STOCK THROUGH END OF FISCAL 2020​.  Full Article

Ciena reports fiscal third quarter 2017 results
Thursday, 31 Aug 2017 07:00am EDT 

Aug 31 (Reuters) - Ciena Corp :Ciena Corp reports fiscal third quarter 2017 financial results.Q3 adjusted non-gaap earnings per share $0.51.Q3 revenue $728.7 million versus I/B/E/S view $726.8 million.Q3 earnings per share view $0.49 - Thomson Reuters I/B/E/S.Q3 earnings per share $0.39.Sees Q4 2017 revenue $720 million to $750 million.Q4 revenue view $770.3 million -- Thomson Reuters I/B/E/S.Ciena Corp sees fiscal Q4 2017 adjusted (non-gaap) gross margin in mid-40s percentage range.Ciena Corp- inventories totaled $276.4 million at quarter end.Q4 revenue view $770.3 million -- Thomson Reuters I/B/E/S.  Full Article

Ciena commences exchange offer for its 2018 convertible notes to add cash settlement conversion options
Friday, 30 Jun 2017 07:00am EDT 

June 30 (Reuters) - Ciena Corp :Ciena commences exchange offer for its 2018 convertible notes to add cash settlement conversion options.Ciena Corp - Exchange offer for its currently outstanding 3.75% convertible senior notes due 2018.Ciena Corp - Exchange offer will expire at 12:00 midnight, New York city time, at end of day on Friday, July 28, 2017.Ciena - Believes will gain extra flexibility to better manage long-term capital structure, reduce dilutive impact of convertible notes upon stockholders.Ciena Corp - Offering to exchange its old notes for a new series of 3.75% convertible senior notes due 2018.  Full Article

Ciena adjusted non-GAAP earnings per share $0.45
Thursday, 1 Jun 2017 07:00am EDT 

June 1 (Reuters) - Ciena Corp ::Ciena reports fiscal second quarter 2017 financial results.Q2 adjusted non-GAAP earnings per share $0.45.Q2 revenue $707 million versus I/B/E/S view $694.8 million.Q2 earnings per share view $0.37 -- Thomson Reuters I/B/E/S.Q2 earnings per share $0.25.Ciena Corp - expects fiscal Q3 2017 revenue in range of $710 to $740 million.Sees Q3 revenue in range of $710 to $740 million.Ciena Corp - expects fiscal q3 2017 adjusted (non-gaap) gross margin in mid-40s percentage range.Sees Q3 adjusted (non-GAAP) gross margin in mid-40s percentage range.Sees Q3 adjusted (non-GAAP) operating expense of approximately $235 million.Q3 earnings per share view $0.48, revenue view $723.0 million -- Thomson Reuters I/B/E/S.Ciena Corp - inventories at quarter-end totaled $287.1 million.  Full Article

Ciena posts Q1 adj. earnings per share $0.26
Wednesday, 8 Mar 2017 07:00am EST 

Ciena Corp : Ciena reports fiscal first quarter 2017 financial results . Q1 revenue $621.5 million versus I/B/E/S view $632.3 million . Q1 earnings per share view $0.29 -- Thomson Reuters I/B/E/S . Q1 earnings per share $0.03 . Q1 adjusted non-gaap earnings per share $0.26 . Sees Q2 2017 revenue $680 million to $710 million . Sees Q2 adjusted (non-GAAP) gross margin in mid-40s percentage range . Sees Q2 adjusted (non-GAAP) operating expense of approximately $240 million .Q2 revenue view $690.7 million -- Thomson Reuters I/B/E/S.  Full Article

Ciena Corp reports Q4 earnings per share $0.25
Thursday, 8 Dec 2016 07:00am EST 

Ciena Corp: Ciena reports fiscal fourth quarter 2016 and year-end financial results . Sees revenue in range of $615 million to $645 million for Q1 . Ciena Corp sees Q1 adjusted gross margin in mid-40s percentage range . Ciena Corp sees Q1 adjusted operating expense in range of $220 million to $225 million . Q4 adjusted non-gaap earnings per share $0.44 . Q4 revenue $716.2 million versus I/B/E/S view $716.9 million . Q4 earnings per share view $0.47 -- Thomson Reuters I/B/E/S . Q4 earnings per share $0.25 .Q4 earnings per share view $0.47, revenue view $716.9 million -- Thomson Reuters I/B/E/S.  Full Article

Ciena Q3 adjusted non-GAAP earnings per share $0.42
Thursday, 1 Sep 2016 07:00am EDT 

Ciena Corp : Ciena reports fiscal third quarter 2016 financial results . Q3 adjusted non-GAAP earnings per share $0.42 . Q3 revenue $670.6 million versus I/B/E/S view $672.2 million . Q3 earnings per share view $0.38 -- Thomson Reuters I/B/E/S . Q3 earnings per share $0.23 . Sees Q4 revenue in range of $700 to $730 million .Q4 revenue view $722.1 million -- Thomson Reuters I/B/E/S.  Full Article

Ciena says co repurchased $205 mln of outstanding notes due 2017
Friday, 5 Aug 2016 04:57pm EDT 

Ciena Corp :On Aug 5, 2016, co repurchased about $205 million in aggregate principal amount of outstanding 0.875% convertible senior notes due 2017.  Full Article

BRIEF-Ciena Corp CEO's 2017 Total Compensation Was $7.6 Million

* CIENA CORP CEO GARY B. SMITH'S 2017 TOTAL COMPENSATION WAS $7.6 MILLION VERSUS $6.2 MILLION IN 2016 – SEC FILING‍​ Source text (http://bit.ly/2sEdSaX) Further company coverage: