ciena corporation is a global manufacturer of communications network equipment and solutions, with expertise in packet-optical transport, packet-optical switching, carrier ethernet, and network support services. many of the world’s largest carriers and service providers have deployed ciena solutions in their network; including at&t, bt, cable & wireless, centurylink, comcast, france telecom, korea telecom, sprint, reliance, southern cross, tata communications, telecom argentina, telmex, virgin media and verizon. ciena also counts numerous national research and education networks as customers, as well as enterprises in the healthcare, finance, transportation and retail industries for real-time, latency sensitive applications such as disaster recovery/business continuity, san/lan extension, data center consolidation and grid computing. we specialize in helping customers transition to service driven networks that fundamentally change the way they compete. with expertise in optical a
![CIENA logo](/files/LOGO/936395-CIEN.png)
Company profile
Ticker
CIEN
Exchange
Website
CEO
Gary Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Netgear • ADTRAN • Infinera • Plantronics • Fabrinet • Audiocodes • Westell • Pineapple Energy • ClearOne • Sonim ...
SEC CIK
Corporate docs
Subsidiaries
Ciena Communications, Inc. • Ciena Global Products Company, LTD • Ciena Canada ULC • Ciena Switzerland GMBH • Ciena Global Holding, LP ...
IRS number
232725311
CIEN stock data
Latest filings (excl ownership)
10-Q
2024 Q2
Quarterly report
6 Jun 24
8-K
Ciena Reports Fiscal Second Quarter 2024 Financial Results
6 Jun 24
SD
Conflict minerals disclosure
30 May 24
8-K
Departure of Directors or Certain Officers
23 Apr 24
S-8
Registration of securities for employees
18 Apr 24
8-K
Changes in Control of Registrant
26 Mar 24
10-Q
2024 Q1
Quarterly report
7 Mar 24
8-K
Ciena Reports Fiscal First Quarter 2024 Financial Results
7 Mar 24
ARS
2023 FY
Annual report to shareholders
8 Feb 24
DEFA14A
Additional proxy soliciting materials
8 Feb 24
Transcripts
CIEN
Earnings call transcript
2024 Q2
6 Jun 24
CIEN
Earnings call transcript
2024 Q1
7 Mar 24
CIEN
Earnings call transcript
2023 Q4
7 Dec 23
CIEN
Earnings call transcript
2023 Q3
31 Aug 23
CIEN
Earnings call transcript
2023 Q3
31 Aug 23
CIEN
Earnings call transcript
2023 Q2
6 Jun 23
CIEN
Earnings call transcript
2023 Q2
6 Jun 23
CIEN
Earnings call transcript
2023 Q1
6 Mar 23
CIEN
Earnings call transcript
2022 Q4
8 Dec 22
CIEN
Earnings call transcript
2022 Q3
1 Sep 22
Latest ownership filings
4
David M Rothenstein
17 Jul 24
4
Joseph Cumello
17 Jul 24
144
Notice of proposed sale of securities
16 Jul 24
144
Notice of proposed sale of securities
15 Jul 24
144
Notice of proposed sale of securities
15 Jul 24
144
Notice of proposed sale of securities
15 Jul 24
4
Jason Phipps
3 Jul 24
4
Dino DiPerna
3 Jul 24
144
Notice of proposed sale of securities
1 Jul 24
4
David M Rothenstein
24 Jun 24
Financial summary
Quarter (USD) | Apr 24 | Jan 24 | Oct 23 | Jul 23 | |
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Diluted EPS |
Annual (USD) | Oct 23 | Oct 22 | Oct 21 | Oct 20 | |
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Revenue | |||||
Cost of revenue | |||||
Operating income | |||||
Operating margin | |||||
Net income | |||||
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Change in cash | |||||
Diluted EPS |
Cash burn rate (est.) | Burn method: Change in cash | Burn method: Operating income | Burn method: FCF (opex + capex) | Last Q | Avg 4Q | Last Q | Avg 4Q | Last Q | Avg 4Q |
---|---|---|---|---|---|---|
Cash on hand (at last report) | 1.09 bn | 1.09 bn | 1.09 bn | 1.09 bn | 1.09 bn | 1.09 bn |
Cash burn (monthly) | 57.82 mm | 6.36 mm | 5.34 mm | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 173.49 mm | 19.07 mm | 16.03 mm | n/a | n/a | n/a |
Cash remaining | 917.97 mm | 1.07 bn | 1.08 bn | n/a | n/a | n/a |
Runway (months of cash) | 15.9 | 168.7 | 201.3 | n/a | n/a | n/a |
Institutional ownership, Q1 2024
94.2% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 447 |
Opened positions | 156 |
Closed positions | 51 |
Increased positions | 86 |
Reduced positions | 136 |
13F shares | Current |
---|---|
Total value | 5.99 tn |
Total shares | 135.32 mm |
Total puts | 850.30 k |
Total calls | 2.32 mm |
Total put/call ratio | 0.4 |
Largest owners | Shares | Value |
---|---|---|
FMR | 19.14 mm | $946.29 bn |
BLK Blackrock | 15.38 mm | $760.49 bn |
Vanguard | 15.02 mm | $742.61 bn |
BNP Paribas Asset Management Holding | 4.98 mm | $246.37 mm |
STT State Street | 4.39 mm | $216.99 bn |
Atreides Management | 3.19 mm | $157.78 bn |
Thrivent Financial For Lutherans | 3.01 mm | $148.63 mm |
Neuberger Berman | 2.94 mm | $145.49 bn |
FIL | 2.66 mm | $131.57 bn |
Barrow Hanley Mewhinney & Strauss | 2.45 mm | $121.37 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
15 Jul 24 | Joseph Cumello | Common Stock | Sell | Dispose S | No | Yes | 48.81 | 1,289 | 62.92 k | 45,974 |
15 Jul 24 | Rothenstein David M | Common Stock | Sell | Dispose S | No | Yes | 48.81 | 3,500 | 170.84 k | 212,421 |
1 Jul 24 | Dino DiPerna | Common Stock | Sell | Dispose S | No | Yes | 48.29 | 245 | 11.83 k | 40,825 |
1 Jul 24 | Dino DiPerna | Common Stock | Sell | Dispose S | No | Yes | 48.29 | 245 | 11.83 k | 41,070 |
1 Jul 24 | Phipps Jason | Common Stock | Sell | Dispose S | No | Yes | 48.29 | 2,712 | 130.96 k | 96,000 |
20 Jun 24 | Dino DiPerna | Common Stock | Payment of exercise | Dispose F | No | No | 46.96 | 319 | 14.98 k | 41,315 |
20 Jun 24 | Dino DiPerna | Common Stock | Payment of exercise | Dispose F | No | No | 46.96 | 730 | 34.28 k | 41,634 |
20 Jun 24 | Dino DiPerna | Common Stock | Payment of exercise | Dispose F | No | No | 46.96 | 444 | 20.85 k | 42,364 |
20 Jun 24 | Dino DiPerna | Common Stock | Payment of exercise | Dispose F | No | No | 46.96 | 204 | 9.58 k | 42,808 |
20 Jun 24 | Dino DiPerna | Common Stock | Payment of exercise | Dispose F | No | No | 46.96 | 368 | 17.28 k | 43,012 |
News
5 Tech Stocks Set To Gain From US Chip Crackdown On China: JPMorgan
17 Jul 24
TDC NET To Deploy Ciena Converged Packet Optical Solutions To Upgrade Metro And Long-Haul Networks Woth 800G Tech
20 Jun 24
Cloud Should Be An Outsized Growth Driver For Ciena Across Fiscal 2025: Morgan Stanley Analyst
12 Jun 24
This McCormick Analyst Is No Longer Bearish; Here Are Top 5 Upgrades For Wednesday
12 Jun 24
Uber To Rally Around 38%? Here Are 10 Top Analyst Forecasts For Wednesday
12 Jun 24
Press releases
Sodvin AS Improves Broadband Services in the Nordics With Ciena's XGS-PON
10 Jul 24
TDC NET Upgrades Optical Transport Network to 800G with Ciena
20 Jun 24
Ciena Reports Fiscal Second Quarter 2024 Financial Results
6 Jun 24
Constl, a Space World Company, Selects Ciena Optical Technology to Offer High-Capacity Digital Connectivity in India
3 Jun 24
Ciena Global Study Finds 60% of CSPs Believe AI Will Improve Network Operational Efficiency By 40% or More
22 May 24