Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  Equities  >  Nasdaq  >  Ciena Corporation    

SummaryNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector news 

Ciena Corporation : Verizon Honors Ciena as Network Supplier of the Year for Outstanding Performance

share with twitter share with LinkedIn share with facebook
share via e-mail
0
04/05/2012 | 06:05pm CEST

Commitment to excellence has earned Ciena® Corporation (NASDAQ: CIEN), the network specialist, recognition as a 2011 Verizon Supplier Award winner. Honored by Verizon Communications, a global leader in delivering broadband and other wireless and wireline communications services, Ciena received the Supplier Recognition Award for Outstanding Performance in the Network Products Category.

Key Facts:

  • Ciena was one of only thirteen suppliers to receive a 2011 Verizon Supplier Award for its work in helping Verizon deliver outstanding service to its customers during the past year. Verizon's annual award program recognizes suppliers that not only meet their performance objectives but exceed them.
  • Ciena was selected for this prestigious award based on a broad range of attributes including:
    • consistently demonstrating technology innovation and leadership;
    • providing high quality of service;
    • strong teamwork; and,
    • enhancing the customer experience.
  • Ihab Tarazi, Verizon Vice President of Global Network Planning, presented the award to Ciena on March 26, 2012 at Verizon's Annual Supplier Summit and Recognition Program event.

Executive Comments:

  • "We are incredibly honored to be named Networking Supplier of the Year for Verizon, a long-standing strategic partner of Ciena. We have been collaborating with Verizon for more than a decade in the areas of high-speed transmission, intelligent mesh switching and data networking, and we look forward to continuing to support Verizon's efforts to be at the forefront of technological innovation while meeting the demands on their network efficiently, intelligently and with superior performance."

    - Gary Smith, president & CEO of Ciena

About Ciena

Ciena is the network specialist. We collaborate with customers worldwide to unlock the strategic potential of their networks and fundamentally change the way they compete. With focused innovation, Ciena brings together the reliability and capacity of optical networking with the flexibility and economics of Ethernet, unified by a software suite that delivers the industry's leading network automation. We routinely post recent news, financial results and other important announcements and information about Ciena on our website. For more information, visit www.ciena.com.

Note to Ciena Investors

Forward-looking statements. This press release contains certain forward-looking statements based on current expectations, forecasts and assumptions that involve risks and uncertainties. These statements are based on information available to the Company as of the date hereof; and Ciena's actual results could differ materially from those stated or implied, due to risks and uncertainties associated with its business, which include the risk factors disclosed in its Report on Form 10-Q, which Ciena filed with the Securities and Exchange Commission on March 8, 2012. Forward-looking statements include statements regarding Ciena's expectations, beliefs, intentions or strategies regarding the future and can be identified by forward-looking words such as "anticipate," "believe," "could," "estimate," "expect," "intend," "may," "should," "will," and "would" or similar words. Ciena assumes no obligation to update the information included in this press release, whether as a result of new information, future events or otherwise.

Press Contact:
Jamie Moody
Ciena Corporation
(214) 995-8035
jmoody@ciena.com
or
Investor Contact:
Gregg Lampf
Ciena Corporation
(410) 694-5700
ir@ciena.com


© Business Wire 2012
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on CIENA CORPORATION
07/23 CIENA : MobiFone deploys backbone network powered by Ciena
07/21 CIENA : Virtualised Services Reach Tipping Point - Two Thirds of UK Enterprises ..
07/20 CIENA : MobiFone Builds High-Capacity Network Powered by Ciena
07/06 CIENA : Electric Lightwave adds 200-Gbps wavelengths to fiber-optic network with..
07/01 CIENA : Moffitt Cancer Center Improves Patient Care with Ciena-Powered Network
07/01 CIENA : Patent Issued for High Speed Optical Communication Systems and Methods w..
06/30 CIENA : Ritter Communications Achieves MEF Carrier Ethernet 2.0 Certification wi..
06/29 CIENA : Electric Lightwave Lights 200G Wavelengths Between Washington and Oregon
06/22 CIENA CORP : Other Events (form 8-K)
06/22 CIENA : Moffitt Cancer Center Improves Patient Care with Ciena-Powered Network
More news
Sector news : Communications & Networking - NEC
07/26DJQUALCOMM : to Pay to Settle Claims of Bias Against Women
07/26DJQUALCOMM : to Pay $19.5 Million to Settle Claims of Bias Against Women
07/26DJJUNIPER NETWORKS : Reports Lower Profit
07/26DJHuawei Optimistic About Meeting Its Target for Smartphone Shipments
07/26DJTELEFONAKTIEBOLAGET LM ERICSSON : Ericsson Forces Out CEO Amid a Slowdown in Dem..
More sector news : Communications & Networking - NEC
Advertisement
Financials ($)
Sales 2016 2 607 M
EBIT 2016 287 M
Net income 2016 107 M
Debt 2016 238 M
Yield 2016 -
P/E ratio 2016 45,35
P/E ratio 2017 28,33
EV / Sales 2016 1,18x
EV / Sales 2017 1,07x
Capitalization 2 834 M
More Financials
Income Statement Evolution
More Financials
Consensus 
Mean consensus OUTPERFORM
Number of Analysts 19
Average target price 24,7 $
Spread / Average Target 20%
Consensus details
EPS Revisions
More Estimates Revisions
Managers
NameTitle
Gary B. Smith President, Chief Executive Officer & Director
Patrick H. Nettles Executive Chairman
François Locoh-Donou Chief Operating Officer & Senior Vice President
James E. Moylan Chief Financial Officer & Senior Vice President
Stephen B. Alexander Chief Technology Officer & Senior Vice President
More about the company
Sector and Competitors
1st jan.Capitalization (M$)
CIENA CORPORATION2 805
CISCO SYSTEMS, INC.13.72%154 865
QUALCOMM, INC.22.74%89 495
TELEFONAKTIEBOLAGET LM..-22.96%24 863
ALCATEL LUCENT-4.66%13 599
MOTOROLA SOLUTIONS INC-0.04%11 889
More Results