Ciena Announces Reporting Date and Web Broadcast for Fiscal Fourth Quarter and Year End 2023 Results

Network trial paves the way for hyperscalers and enterprises to have the bandwidth agility and cost-efficiency needed for AI and next-gen applications DENVER, March 27, 2025 /PRNewswire/ -- Lumen Technologies (NYSE:LUMN) and Ciena (NYSE:CIEN) have successfully established a 1.2 terabit wavelength service trial across 3,050 kilometers (more than 1,800 miles) on Lumen's Ultra-Low-Loss (ULL) fiber network, making it the world's longest 1.2 terabit non-regenerated signal. Using 800G interfaces, Lumen and Ciena successfully tested and qualified the services to support wavelength, E

New technologies including 448Gb/s PAM4 and Coherent-Lite support emergent applications in and around the data center At OFC 2025, occurring March 30 to April 3 in San Francisco, Ciena (NYSE:CIEN) will showcase in booth #2443 industry-first coherent optical and IMDD technologies that bring new levels of scalability and flexibility to data center designs. A recent Ciena global survey found that data center experts anticipate at least a sixfold increase in DCI bandwidth demand over the next five years, requiring new levels of scalability. To address this challenge, Ciena, the established leader in high-speed optical innovation, is bringing its expertise to high-performance interconnects—the

Data Center experts predict at least 6X increase in DCI bandwidth demand over next 5 years, with 43% of new data center facilities expected to be dedicated to AI workloads The rapid growth of AI workloads is driving a major transformation in data center network infrastructure, with global data center experts anticipating a significant increase in interconnect bandwidth needs over the next five years, according to a study commissioned by Ciena (NYSE:CIEN). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250317734012/en/ The survey, conducted in partnership with Censuswide, queried more than 1,300 data center decision makers across

Northland Capital upgraded Ciena from Market Perform to Outperform and set a new price target of $75.00

Analyst upgraded Ciena from Neutral to Overweight and set a new price target of $88.00 from $84.00 previously

BofA Securities upgraded Ciena from Neutral to Buy and set a new price target of $95.00 from $70.00 previously

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Ciena® Corporation (NYSE:CIEN) announced the appointment of Lawton W. Fitt as independent Chair of Ciena's Board of Directors, effective December 11, 2024. Concurrently, Patrick H. Nettles, Ph.D., stepped down as Executive Chair, in connection with his decision not to stand for re-election at the end of his term at Ciena's 2025 Annual Meeting of Stockholders, at which time he will retire. Dr. Nettles will continue in his role as a member of Ciena's Board of Directors until that time and provide support to Ms. Fitt in her transition. Lawton W. Fitt brings significant professional experience as well as a deep familiarity with Ciena's strategy, business, and technology. She has served as a D

Ciena® Corporation (NYSE:CIEN), a networking systems, services, and software company, today announced the promotion of Dino DiPerna and Brodie Gage to its Executive Leadership Team, reporting to President and CEO Gary Smith. The leadership appointments are designed to support Ciena's continued growth through market leadership in optical technologies, increasing opportunities in IP/Optical convergence, and addressable market expansion in next-generation metro and edge applications. DiPerna becomes Ciena's Senior Vice President of Global Research & Development (R&D). In this role, he will direct the development of the company's portfolio of Converged Packet Optical, Network Control and Plan

Ciena (NYSE:CIEN) today announced that Mary G. Puma has been appointed to its Board of Directors, effective immediately. Ms. Puma previously served as President and Chief Executive Officer of Axcelis Technologies, Inc., a publicly held company engaged in the supply of capital equipment for the semiconductor chip manufacturing industry, from January 2002 to May 2023. Prior to becoming CEO of Axcelis, she served as its President and Chief Operating Officer from July 2000. In 1998, she became General Manager and Vice President of the company's predecessor, the Implant Systems Division of Eaton Corporation. Prior to joining Eaton in 1996, Ms. Puma spent 15 years in various marketing and gener

Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal first quarter financial results on Tuesday, March 11, 2025 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available short

Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal fourth quarter and year-end financial results on Thursday, December 12, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will

Ciena® Corporation (NYSE:CIEN) expects to announce its fiscal third quarter financial results on Wednesday, September 4, 2024 before the open of the financial markets. The press release will be available on Ciena's website at www.ciena.com. In conjunction with the announcement, Ciena will post an additional set of supporting materials to the Quarterly Results page of the Investor Relations section of its website. Ciena's management will then host a live audio web broadcast beginning at 8:30 a.m. Eastern accessible via www.ciena.com. Rebroadcast Information For those listeners unable to participate in the live web broadcast, an archived version of the conference call will be available

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