Trade Ciena - CIEN CFD

About Ciena Corporation

Ciena Corporation (Ciena) is a networking systems, services and software company. The Company operates through four segments: Networking Platforms; Platform Software and Services; Blue Planet Automation Software and Services; and Global Services. The Networking Platforms segment consists of its Converged Packet Optical and Packet Networking portfolios. The Platform Software and Services segment provides analytics, data, and planning tools to assist customers in managing Ciena’s Networking Platforms products in their networks. The Blue Planet Automation Software and Services segment includes micro-services, standards-based open software suite, together with related services, that enables customers to implement large-scale software and information technology (IT)-led operations support system (OSS) transformations. The Global Services segment includes the sales of a range of Ciena’s services for maintenance support, and training, installation and deployment and network design activities.

Financial summary

BRIEF: For the three months ended 29 January 2022, Ciena Corporation revenues increased 12% to $844.4M. Net income decreased 17% to $45.8M. Revenues reflect Networking Platforms segment increase of 9% to $626.6M, Platform Software and Services segment increase of 46% to $72.9M, Global Services segment increase of 9% to $123.8M, Americas segment increase of 20% to $595.1M.

Equity composition

Common Stock $.01 Par, 4/11, 290M auth., 95,659,218 issd. Insiders & Strategic holders own 1.03%. IPO: 2/97, 5M shs @ $23 by Goldman, Sachs & Co. PO 7/97, 10.5M shares (1M by Co.) @ $44 by Goldman, Sachs & Co. 6/02, Company acquired ONI Systems Corp. @ 0.7104 shares (100,725,459 shares issd.). 09/06, 1-for-7 reverse stock split.