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Stock impact report

Ciena returns to S&P 500 after getting booted 17 years ago [CNBC]

Ciena Corporation (CIEN) 
Last ciena corporation earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: CNBC
Demand for hardware that can support generative artificial intelligence workloads has boosted Ciena's revenue growth. The company was a dot-com darling, but then collapsed in the bust and was removed from the S&P 500 in 2009. In this article Gary Smith, chief executive officer and president of Ciena Corp., speaks during a Bloomberg Television interview in New York on June 14, 2013. Scott Eells | Bloomberg | Getty Images Networking hardware maker Ciena will join the S&P 500, returning to the benchmark after getting booted 17 years ago. The stock rose in extended trading. Ciena is replacing human resources software company Dayforce, S&P Dow Jones Indices said in a statement on Wednesday. Private equity firm Thoma Bravo acquired Dayforce for $12.3 billion. Ciena sells a variety of products for high-speed fiber optical networks. Nearly 18% of revenue in the 2025 fiscal year came from an unnamed cloud provider, and about 11% came from AT&T , according to the company's annual Show less Read more
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