Report
Ilya Kundozerov
EUR 101.80 For Business Accounts Only

Profitability is in sight for this market leader of optical communication equipment.

Ciena reported decent third-quarter 2017 results, which were in line with consensus and our expectations. The biggest news was softer-than-expected guidance for the fourth quarter, with the top line expected to come in at $720 million-$750 million. The company cited a weakness in U.S. government spending and soft demand from North American regional carriers. We don’t anticipate these headwinds to persist over a long time. At the same time, Ciena started to ship samples of WaveLogic AI coherent D...
Underlying
Ciena Corporation

Ciena is a networking systems, services and software company, providing solutions that enable a range of network operators to deploy and manage networks that deliver services to businesses and consumers. The company provides hardware, software and services that support the transport, switching, aggregation, service delivery and management of video, data and voice traffic on communications networks. The company's solutions are used by communications service providers, cable and multiservice operators, Web-scale providers, submarine network operators, governments, enterprises, research and education institutions and other network operators.

Provider
Morningstar
Morningstar

Morningstar, Inc. is a leading provider of independent investment research in North America, Europe, Australia, and Asia. The company offer an extensive line of products and services for individual investors, financial advisors, asset managers, and retirement plan providers and sponsors.

Morningstar provides data on approximately 530,000 investment offerings, including stocks, mutual funds, and similar vehicles, along with real-time global market data on more than 18 million equities, indexes, futures, options, commodities, and precious metals, in addition to foreign exchange and Treasury markets. Morningstar also offers investment management services through its investment advisory subsidiaries and had approximately $185 billion in assets under advisement and management as of June 30, 2016.

We have operations in 27 countries.

Analysts
Ilya Kundozerov

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