Ciena Corporation (CIEN)
Ciena Corporation (CIEN) is a leading networking systems, services, and software company that provides solutions for the delivery of high-speed data and communications networks. Founded in 1992, it specializes in optical and Ethernet networking systems, helping service providers and large enterprises optimize their data transport and expand network capacity. Ciena is known for its innovations in optical technologies and software-driven networking solutions that support the growth of Fiber and 5G networks worldwide.
Company News
Ciena reported strong Q3 fiscal 2025 results with 29.4% revenue growth and 91% increase in adjusted EPS, driven by robust demand in Optical Networking hardware and cloud/AI infrastructure, despite margin pressures.
Lululemon and Tesla were among the top 10 large-cap losers last week, with Lululemon shares plunging 16.2% after Q1 results and analyst downgrades, and Tesla dropping 14.8% partly due to Elon Musk's tensions with Trump.
The global photonic integrated circuit (PIC) market is expected to grow significantly from $1.5 billion in 2023 to $5.5 billion by 2030, driven by the increasing demand for fiber optic networks and applications in optical communications, optical signal processing, and biophotonics.
TDC NET taps Ciena's (CIEN) wide-ranging innovative solutions to bolster its metro and long-haul networks, enabling sustainable service delivery.
