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
Company profile
Ticker
CIEN
Exchange
Website
CEO
Gary Smith
Employees
Incorporated
Location
Fiscal year end
Industry (SIC)
Netgear • ADTRAN • Plantronics • Infinera • Fabrinet • Westell • Audiocodes • 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)
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
DEF 14A
Definitive proxy
8 Feb 24
PRE 14A
Preliminary proxy
29 Jan 24
10-K
2023 FY
Annual report
15 Dec 23
8-K
Ciena Reports Fiscal Fourth Quarter 2023 Financial Results
7 Dec 23
8-K
Entry into a Material Definitive Agreement
25 Oct 23
Transcripts
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 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
CIEN
Earnings call transcript
2022 Q2
2 Jun 22
CIEN
Earnings call transcript
2022 Q1
7 Mar 22
CIEN
Earnings call transcript
2021 Q4
9 Dec 21
Latest ownership filings
Financial summary
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Annual (USD) | Oct 23 | Oct 22 | Oct 21 | Oct 20 | |
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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) | 1.01 bn | 1.01 bn | 1.01 bn | 1.01 bn | 1.01 bn | 1.01 bn |
Cash burn (monthly) | 35.72 mm | (no burn) | (no burn) | (no burn) | (no burn) | (no burn) |
Cash used (since last report) | 179.31 mm | n/a | n/a | n/a | n/a | n/a |
Cash remaining | 831.48 mm | n/a | n/a | n/a | n/a | n/a |
Runway (months of cash) | 23.3 | n/a | n/a | n/a | n/a | n/a |
Institutional ownership, Q3 2023
91.1% owned by funds/institutions
13F holders | Current |
---|---|
Total holders | 454 |
Opened positions | 66 |
Closed positions | 64 |
Increased positions | 128 |
Reduced positions | 188 |
13F shares | Current |
---|---|
Total value | 6.15 tn |
Total shares | 131.68 mm |
Total puts | 536.30 k |
Total calls | 1.06 mm |
Total put/call ratio | 0.5 |
Largest owners | Shares | Value |
---|---|---|
BLK Blackrock | 16.17 mm | $764.27 bn |
Vanguard | 15.08 mm | $712.90 bn |
FMR | 8.94 mm | $422.53 bn |
BNP Paribas Asset Management Holding | 4.65 mm | $218.39 bn |
STT State Street | 4.25 mm | $200.93 bn |
BAC Bank Of America | 3.83 mm | $180.97 bn |
Thrivent Financial For Lutherans | 2.75 mm | $128.99 bn |
Capital World Investors | 2.72 mm | $128.66 bn |
FIL | 2.66 mm | $125.88 bn |
Alliancebernstein | 2.57 mm | $121.61 bn |
Recent insider trades
Date | Owner | Security | Transaction | Code | Indirect | 10b5-1 | $Price | #Shares | $Value | #Remaining |
---|---|---|---|---|---|---|---|---|---|---|
21 Mar 24 | Hassan Ahmed | Common Stock | Grant | Acquire A | No | No | 0 | 4,438 | 0.00 | 19,682 |
21 Mar 24 | Devinder Kumar | Common Stock | Grant | Acquire A | No | No | 0 | 4,438 | 0.00 | 25,214 |
21 Mar 24 | Claflin Bruce L. | Common Stock | Grant | Acquire A | No | No | 0 | 4,438 | 0.00 | 76,259 |
21 Mar 24 | Fitt Lawton W | Common Stock | Grant | Acquire A | No | No | 0 | 4,438 | 0.00 | 123,843 |
21 Mar 24 | Gallagher Patrick | Common Stock | Grant | Acquire A | No | No | 0 | 4,438 | 0.00 | 58,064 |
News
Toshiba, Ciena Collaborate To Demonstrate Quantum Secure Communication At OFC
26 Mar 24
Rosenblatt Reiterates Buy on Ciena, Maintains $65 Price Target
8 Mar 24
Barclays Maintains Overweight on Ciena, Raises Price Target to $63
8 Mar 24
Needham Reiterates Buy on Ciena, Maintains $65 Price Target
8 Mar 24
Why HighPeak Energy Shares Are Trading Lower By 15%? Here Are Other Stocks Moving In Thursday's Mid-Day Session
7 Mar 24
Press releases
Ciena Celebrates Major Customer Milestones and Optical Leadership at OFC 2024 in San Diego
27 Mar 24
Toshiba, Ciena Collaborate to Demonstrate Quantum Secure Communication at OFC
26 Mar 24
DriveNets and Ciena Complete Joint Testing of ZR/ZR+ Solution for Network Cloud Platform
25 Mar 24
SEA-ME-WE 4 Enables Global Digitalization with Enhanced Connectivity Powered by Ciena
11 Mar 24
Ciena Reports Fiscal First Quarter 2024 Financial Results
7 Mar 24