Why Ciena Corporation Stock Popped 18.3% in 2016 [The Motley Fool]
Ciena Corporation (CIEN)
Last ciena corporation earnings: 3/5 07:00 am
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US:NASDAQ Investor Relations:
ciena2017ir.q4web.com/financials/default.aspx
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Source: The Motley Fool
The telecommunications networking specialist enjoyed a strong year with modest, market-beating growth. Here's what investors need to know. Ciena's high-capacity Waveserver platform. Image source: Ciena Corporation. What happened Shares of Ciena Corporation ( NYSE:CIEN ) climbed 18.3% in 2016, according to data provided by S&P Global Market Intelligence , thanks to a pair of strong quarterly earnings reports, as the telecommunications networking equipment company continued to outgrow its peers. So what That's not to say Ciena's rise was smooth. In fact, shares first plunged in early March after the company posted mixed fiscal first-quarter results and a forward outlook that fell short of analysts' consensus estimates. At the time, Ciena CEO Gary Smith noted that while the company was engaging "with a more diverse set of customers," recent macroeconomic volatility made its near-term picture less clear. But Ciena largely put those concerns to rest in early J
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CIEN
News
- Data Center Interconnect Market size worth $ 30.2 Billion, Globally, by 2031 at 14.98% CAGR – Report By Verified Market Research® [Yahoo! Finance]Yahoo! Finance
- HSPnet Launches High Capacity B3JS and BDMCS Networks [Yahoo! Finance]Yahoo! Finance
- HSPnet Launches High Capacity B3JS and BDMCS NetworksBusiness Wire
- Ciena Co. (NYSE: CIEN) is now covered by analysts at Citigroup Inc.. They set a "sell" rating and a $44.00 price target on the stock.MarketBeat
- Ciena Co. (NYSE: CIEN) is now covered by analysts at BNP Paribas. They set an "outperform" rating and a $57.00 price target on the stock.MarketBeat
CIEN
Earnings
- 3/7/24 - Beat
CIEN
Sec Filings
- 4/23/24 - Form 8-K
- 4/18/24 - Form S-8
- 4/17/24 - Form 4
- CIEN's page on the SEC website