Ciena Overview

  • Year Founded
  • 1992

Year Founded

  • Status
  • Public

  • Employees
  • 8,483

Employees

  • Stock Symbol
  • CIEN

Stock Symbol

  • Investments
  • 30

  • Share Price
  • $70.93
  • (As of Tuesday Closing)

Ciena General Information

Description

Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the transport, switching, aggregation, service delivery, and management of video, data, and voice traffic on communications networks. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.

Contact Information

Website
www.ciena.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • 7035 Ridge Road
  • Hanover, MD 21076
  • United States
+1 (410)
Primary Industry
Connectivity Products
Other Industries
Communication Software
Systems and Information Management
Fiberoptic Equipment
Stock Exchange
NYS
Vertical(s)
TMT
Corporate Office
  • 7035 Ridge Road
  • Hanover, MD 21076
  • United States
+1 (410)

Ciena Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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Ciena Stock Performance

As of 12-Nov-2024, Ciena’s stock price is $70.93. Its current market cap is $10.2B with 144M shares.

(As of Tuesday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$70.93 $72.05 $42.20 - $73.47 $10.2B 144M 1.97M $0.94

Ciena Financials Summary

As of 31-Jul-2024, Ciena has a trailing 12-month revenue of $4.02B.

In Thousands,
USD
TTM 31-Jul-2024 FY 2023 31-Oct-2023 FY 2022 31-Oct-2022 FY 2021 31-Oct-2021
EV 7,923,318 6,593,816 7,050,214 7,751,156
Revenue 4,020,330 4,386,549 3,632,661 3,620,684
EBITDA 314,002 508,848 359,698 623,803
Net Income 138,127 254,827 152,902 500,196
Total Assets 5,575,130 5,601,495 5,069,632 4,865,227
Total Debt 1,596,628 1,657,165 1,186,306 803,684
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Ciena Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Ciena Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Ciena Corp is a network and technology company. It provides network hardware, software, and services that support the tr
Connectivity Products
Hanover, MD
8,483 As of 2023

Sunnyvale, CA
 

Morrisville, NC
 
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Ciena Competitors (22)

One of Ciena’s 22 competitors is Juniper Networks, a Formerly VC-backed company based in Sunnyvale, CA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Juniper Networks Formerly VC-backed Sunnyvale, CA
Extreme Networks Formerly VC-backed Morrisville, NC
Cisco Systems Corporation San Jose, CA
Infinera Formerly VC-backed San Jose, CA
CommScope Holding Company Formerly PE-Backed Claremont, NC
You’re viewing 5 of 22 competitors. Get the full list »

Ciena Patents

Ciena Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20240369786-A1 Management interface handler to expedite module boot time in pluggable optical modules Pending 11-Jul-2024
US-11909622-B1 Extended protection in segment routing flexible algorithm Active 15-May-2023
US-20240372552-A1 N:1 mux driver for ultra-high speed transmitter Pending 02-May-2023
US-20240356636-A1 Method and system for a health audit on a current working route in layer zero control plane networks Pending 21-Apr-2023
US-20240353634-A1 Managing relative thermal drift of carrier-mounted integrated circuits Pending 20-Apr-2023 G02B6/4271
To view Ciena’s complete patent history, request access »

Ciena Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Ciena Investors

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info

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Ciena Investments & Acquisitions (30)

Ciena’s most recent deal was a Merger/Acquisition with Benu Networks. The deal was made on 30-May-2023.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Benu Networks 30-May-2023 Merger/Acquisition Connectivity Products
TiBit Communications 30-Dec-2022 Merger/Acquisition Connectivity Products
TiBit Communications 23-Jun-2022 Later Stage VC Connectivity Products
Xelic 09-Mar-2022 Merger/Acquisition Construction and Engineering
Vyatta 01-Nov-2021 Merger/Acquisition Electronic Equipment and Instruments
You’re viewing 5 of 30 investments and acquisitions. Get the full list »

Ciena Subsidiaries (2)

Company Name Industry Location Founded
TiBit Communications Connectivity Products Petaluma, CA 2014
Packet Design Network Management Software Austin, TX
To view Ciena’s complete subsidiaries history, request access »

Ciena ESG

Risk Overview

Risk Rating

Updated May, 31, 2024

14.49 | Low Risk

Risk Scale

A lower score indicates better sustainability

Negl

0-10

Low

10-20

Med

20-30

High

30-40

Severe

40+

Exposure

Exposure refers to the extent to which a company is exposed to different material ESG issues

Management

Management is related to actions taken to manage ESG issues

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

of 15,035

Rank

Percentile

Technology Hardware

Industry

of 624

Rank

Percentile

Communications Equipment

Subindustry

of 111

Rank

Percentile

To view Ciena’s complete esg history, request access »

Ciena Exits (4)

Ciena’s most recent exit was on 26-Dec-2003 from Luminous Networks. The exit was categorized as with 8 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Luminous Networks 26-Dec-2003 Completed
  • 8 buyers
Laurel Networks 10-Sep-2003 Completed
  • 5 buyers
Agility Communications 27-Feb-2002 Completed
  • 9 buyers
Équipe Communications 25-Feb-2002 Later Stage VC Completed
  • 9 buyers
To view Ciena’s complete exits history, request access »

Ciena FAQs

  • When was Ciena founded?

    Ciena was founded in 1992.

  • Where is Ciena headquartered?

    Ciena is headquartered in Hanover, MD.

  • What is the size of Ciena?

    Ciena has 8,483 total employees.

  • What industry is Ciena in?

    Ciena’s primary industry is Connectivity Products.

  • Is Ciena a private or public company?

    Ciena is a Public company.

  • What is Ciena’s stock symbol?

    The ticker symbol for Ciena is CIEN.

  • What is the current stock price of Ciena?

    As of 12-Nov-2024 the stock price of Ciena is $70.93.

  • What is the current market cap of Ciena?

    The current market capitalization of Ciena is $10.2B.

  • What is Ciena’s current revenue?

    The trailing twelve month revenue for Ciena is $4.02B.

  • Who are Ciena’s competitors?

    Juniper Networks, Extreme Networks, Cisco Systems, Infinera, and CommScope Holding Company are some of the 22 competitors of Ciena.

  • What is Ciena’s annual earnings per share (EPS)?

    Ciena’s EPS for 12 months was $0.94.

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