Ciena (NYSE:CIEN) 株価情報

CIENA CORP

Ciena

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 which generates maximum revenue; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, the company derives a majority of its revenue from the Americas, and the rest from the Asia-Pacific (APAC), and Europe, Middle East, and Africa (EMEA) region.

CIENA Corporation

Ciena Corp

Rosenblatt analyst Mike Genovese upgraded Coherent Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/COHR#NYSE">COHR</a>) from Neutral to Buy and lowered the <a target="_blank" href="https://www.benzinga.com/quote/COHR/analyst-ratings" rel="noreferrer noopener">price target from</a> $115 to $85 on Friday.
Genovese is upbeat on sequential re-acceleration in AI transceivers by the second half of calendar 2025, driven by the Blackwell rollout and Coherent ZR transceiver demand for Data Center Interconnect (DCI) and telecom application that is very strong.
The analyst is bullish on the transceiver market through 2030 and increasingly views co-packaged optics (CPO) as more of an opportunity than a threat because of new products like Ultra-High-Power (UHP) lasers and Optical Circuit Switches (OCS).
Also Read: <a href="https://www.benzinga.com/trading-ideas/movers/25/03/44517267/whats-going-on-with-coherent-stock-thursday" target="_blank" rel="noreferrer noopener">Coherent Stock Slides as It Plans to Offload Fabrication Site Near University of Illinois</a>
Coherent is also making solid progress in commercializing 200G VCSELs and 100G and 200G EMLs.
Additional reasons for liking Coherent are the strong new CEO, Jim Anderson.
The stock has pulled back to its historical (pre-AI) valuation of under 13 times forward earnings. This likely signals that the buy side believes numbers need to come down due to demand destruction from the new tariffs, including 24% on Malaysian goods.
Genovese did not change estimates, primarily because of the very positive demand messages he heard from companies at the Optical Fiber Conference (OFC) this week. Another reason is that tariffs still seem to be a potentially moving target.
The analyst considers Coherent to be a long-term leader in AI Optics.
Coherent has increased 800G Datacom transceiver revenues every quarter for the last couple of years and now does ~$300 million per quarter in sales. This makes Coherent #2 in global market share after Innolight.
While sequential growth for Coherent in 800G has continued, it has slowed recently.
Investors are now openly discussing Microsoft Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>) <a target="_blank" href="https://www.benzinga.com/news/global/25/04/44645946/microsoft-halts-data-center-expansions-due-to-semiconductor-tariff-concerns-ai-overcapacity-fears" rel="noreferrer noopener">delaying some new</a> Data Center builds.
Nevertheless, the analyst expects Coherent&#8217;s and the overall market&#8217;s 800G Datacom transceiver sales to accelerate in the September and December quarters, driven by attachments to shipments of Blackwell GPUs ordered in the first half of 2025.
In the second quarter of 2025, Coherent&#8217;s Telecom revenues grew 11% year over year, following 17% year over year growth in the first quarter of 2025.
The company noted the strong ramp of new products and said it expects these products to continue to grow over the coming quarters.
Coherent management echoed these sentiments when Genovese met with them this week at OFC.
In addition, Ciena Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) and Cisco Systems, Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CSCO#NASDAQ">CSCO</a>) said that the demand for Hyper-Scale DCI remains incredibly strong at OFC this week. However, any chatter investors hear about Microsoft, in particular, slowing down on some new Data Center investments.
At the OFC meeting, Coherent said it has the vendor&#8217;s most extensive portfolio of CPO components. The company also said CPO equipment is currently 2 to 4 times more expensive than transceiver equipment since it is new and esoteric. Coherent told the analyst it is participating in OCS deployments this year at a significant Hyper Scaler and is engaged in similar planning and bids with others.
According to the analyst&#8217;s checks, Lumentum Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LITE#NASDAQ">LITE</a>) is still significantly ahead in EML capacity, but Coherent is finally getting close to ramping up its own EML production.
Genovese is confident that Coherent can expand its production of indium phosphide lasers, including EMLs and CWs, over time.
Coherent has manufacturing locations around the world, including Malaysia (24% tariff), China (54% tariff), other Asian countries (tariff rates mostly between Malaysia and China), and Europe (20% tariff).
Genovese projected third-quarter revenue of $1.44 billion and EPS of 85 cents.
Price Action: Coherent stock is down 9% at $49.06 at last check Friday.
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Coherent Gets Analyst Upgrade, But Tariffs Could Cast Shadow Over Future Growth

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Shares of companies within the broader tech sector are trading lower as markets react to President Trump's announcement of sweeping tariffs.

U.S. stocks were lower, with the Dow Jones index falling over 100 points on Wednesday.
Shares of Cognyte Software Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CGNT#NASDAQ">CGNT</a>) rose sharply during Wednesday's session after the company reported better-than-expected <a href="https://www.benzinga.com/quote/CGNT">fourth-quarter financial results</a>.
Cognyte Software posted adjusted earnings of 3 cents per share, beating market estimates of 1 cent per share. The company's quarterly sales came in at $94.505 million versus expectations of $93.154 million.
Cognyte Software shares jumped 22.1% to $10.04 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>AngioDynamics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ANGO#NASDAQ">ANGO</a>) shares rose 13.7% to $10.98 after the company reported better-than-expected third-quarter sales results and raised its FY25 guidance above estimates.</li>
<li>Rocket Companies, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>) gained 13.1% to $14.26.</li>
<li>Cytokinetics, Incorporated (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CYTK#NASDAQ">CYTK</a>) shares rose 12% to $41.99.</li>
<li>Redfin Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RDFN#NASDAQ">RDFN</a>) shares surged 11.7% to $10.69.</li>
<li>CoreWeave, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CRWV#NASDAQ">CRWV</a>) gained 10.1% to $57.90.</li>
<li>Gyre Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GYRE#NASDAQ">GYRE</a>) rose 9.8% to $7.04.</li>
<li>Mr. Cooper Group Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COOP#NASDAQ">COOP</a>) surged 9.5% to $136.97.</li>
<li>Sana Biotechnology, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SANA#NASDAQ">SANA</a>) gained 8.3% to $1.6250.</li>
<li>Allegiant Travel Company (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALGT#NASDAQ">ALGT</a>) rose 7.1% to $54.45. Raymond James analyst Savanthi Syth upgraded Allegiant Travel from Outperform to Strong Buy and lowered the price target from $125 to $90.</li>
<li>Studio City International Holdings Limited (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MSC#NYSE">MSC</a>) gained 7% to $3.85.</li>
<li>Arcellx, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACLX#NASDAQ">ACLX</a>) gained 5.9% to $64.28.</li>
<li>Ciena Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) shares rose 4.6% to $64.34.</li>
<li>RH (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RH#NYSE">RH</a>) rose 3.8% to $248.24 ahead of quarterly earnings.</li>
</ul>
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Cognyte Software Posts Upbeat Results, Joins AngioDynamics, Allegiant Travel And Other Big Stocks Moving Higher On Wednesday

General

LUMN

Lumen Technologies And Ciena Establish 1.2 Terabit Wavelength Service Trial Across 3,050 Kilometers On Lumen's Ultra-Low-Loss Fiber Network, Making It The World's Longest 1.2 Terabit Non-Regenerated Signal.

Looking into the current session, Ciena Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) shares are trading at $65.00, after a 1.37% drop. Over the past month, the stock decreased by 23.24%, but over the past year, it actually increased by 30.29%. With questionable short-term performance like this, and great long-term performance, long-term shareholders might want to start looking into the company's price-to-earnings ratio. 

<img src="https://www.benzinga.com/files/images/story/2025/1742481919_0.png" alt="Past Year Chart" />

<h3>Ciena P/E Compared to Competitors</h3>
The P/E ratio is used by long-term shareholders to assess the company's market performance against aggregate market data, historical earnings, and the industry at large. A lower P/E could indicate that shareholders do not expect the stock to perform better in the future or it could mean that the company is undervalued. 
Compared to the aggregate P/E ratio of the 786.58 in the Communications Equipment industry, Ciena Inc. has a lower P/E ratio of 119.82. Shareholders might be inclined to think that the stock might perform worse than it's industry peers. It's also possible that the stock is undervalued. 

<img src="https://www.benzinga.com/files/images/story/2025/1742481919_1.png" alt="Guage" />

In conclusion, the price-to-earnings ratio is a useful metric for analyzing a company's market performance, but it has its limitations. While a lower P/E can indicate that a company is undervalued, it can also suggest that shareholders do not expect future growth. Additionally, the P/E ratio should not be used in isolation, as other factors such as industry trends and business cycles can also impact a company's stock price. Therefore, investors should use the P/E ratio in conjunction with other financial metrics and qualitative analysis to make informed investment decisions.

P/E Ratio Insights for Ciena

Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) has outperformed the market over the past 10 years by 1.82% on an annualized basis producing an average annual return of 12.33%. Currently, Ciena has a market capitalization of $9.34 billion. 
Buying $100 In CIEN: If an investor had bought $100 of CIEN stock 10 years ago, it would be worth $325.31 today based on a price of $65.68 for CIEN at the time of writing.
<h3>Ciena's Performance Over Last 10 Years</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1742247032_0.png" alt="comp_fig" />
Finally -- what's the point of all this? The key insight to take from this article is to note how much of a difference compounded returns can make in your cash growth over a period of time.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

If You Invested $100 In This Stock 10 Years Ago, You Would Have This Much Today

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our <a href="https://www.benzinga.com/analyst-stock-ratings">analyst ratings page</a>.
<ul>
<li>B. Riley Securities cut Ciena Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) price target from $97 to $89. B. Riley Securities analyst Dave Kang maintained a Buy rating. Ciena shares closed at $63.95 on Tuesday. See how other analysts <a href="https://www.benzinga.com/quote/CIEN/analyst-ratings">view this stock</a>.</li>
<li>Truist Securities boosted the price target for Expedia Group, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/EXPE#NASDAQ">EXPE</a>) from $163 to $175. Truist Securities analyst Greg Miller maintained a Hold rating. Expedia shares closed at $163.75 on Tuesday. <a href="https://www.benzinga.com/quote/EXPE/analyst-ratings">See how other analysts view this stock.</a></li>
<li>JP Morgan cut Tesla, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) price target from $135 to $120. JP Morgan analyst Ryan Brinkman maintained an Underweight rating. Tesla shares closed at $230.58 on Tuesday. See how other analysts <a href="https://www.benzinga.com/quote/TSLA/analyst-ratings">view this stock</a>.</li>
<li>Raymond James slashed the price target for Diamondback Energy, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/FANG#NASDAQ">FANG</a>) from $245 to $214. Raymond James analyst John Freeman maintained a Strong Buy rating. Diamondback Energy shares closed at $144.65 on Tuesday. <a href="https://www.benzinga.com/quote/FANG/analyst-ratings">See how other analysts view this stock.</a></li>
<li>DA Davidson cut the price target for RumbleOn, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RMBL#NASDAQ">RMBL</a>) from $5 to $4. DA Davidson analyst Michael Baker maintained a Neutral rating. RumbleOn shares closed at $3.59 on Tuesday. See how other analysts view<a href="https://www.benzinga.com/quote/RMBL/analyst-ratings"> this stock</a>.</li>
<li>Susquehanna cut Teradyne, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TER#NASDAQ">TER</a>) price target from $165 to $155. Susquehanna analyst Mehdi Hosseini maintained a Positive rating. Teradyne shares settled at $87.07 on Tuesday. <a href="https://www.benzinga.com/quote/TER/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>RBC Capital slashed Illumina, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ILMN#NASDAQ">ILMN</a>) price target from $247 to $128. RBC Capital analyst Conor McNamara maintained an Outperform rating. Illumina shares closed at $84.52 on Tuesday. <a href="https://www.benzinga.com/quote/ILMN/analyst-ratings">See how other analysts view this stock.</a></li>
<li>Macquarie cut Vail Resorts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MTN#NYSE">MTN</a>) price target from $195 to $185. Macquarie analyst Paul Golding maintained a Neutral rating. Vail Resorts shares closed at $165.42 on Tuesday.  <a href="https://www.benzinga.com/quote/MTN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Wedbush cut the price target for Arvinas, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARVN#NASDAQ">ARVN</a>) from $57 to $12. Wedbush analyst Robert Driscoll downgraded the stock from Outperform to Neutral. Arvinas shares settled at $8.30 on Tuesday. <a href="https://www.benzinga.com/quote/ARVN/analyst-ratings">See how other analysts view this stock</a>.</li>
<li>Citigroup raised Core Laboratories Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CLB#NYSE">CLB</a>) price target from $15 to $16. Citigroup analyst Scott Gruber upgraded the stock from Sell to Neutral. Core Laboratories shares closed at $14.62 on Tuesday. <a href="https://www.benzinga.com/quote/clb/analyst-ratings">See how other analysts view this stock</a>.</li>
</ul>
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Tesla To $120? Here Are 10 Top Analyst Forecasts For Wednesday

Ciena Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) shares were climbing Wednesday after the company announced <a href="https://www.benzinga.com/news/earnings/25/03/44245291/ciena-q1-earnings-revenue-and-eps-beat-estimates-ceo-eyes-ai-cloud-network-tailwinds">upbeat fiscal first-quarter results</a>.
The company reported its results amid an <a href="https://www.benzinga.com/earnings">exciting earnings season</a>. Here are some key analyst takeaways.
<h1 class="wp-block-heading">Needham On Ciena</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/5bab9cad211e200001963493/ryan-koontz">Analyst Ryan Koontz</a> maintained a Buy rating while reducing the price target from $95 to $90.
Ciena's quarterly revenues grew 3% year-on-year to $1,072 million, beating consensus of $1,052 million, Koontz said in a note. Non-GAAP earnings of 64 cents per share were well above expectations of 41 cents per share, with gross margins coming in much higher than expected, he added.
Some investors grew concerned as management's fiscal second-quarter guidance was only in line with expectations, the analyst stated. "Strong execution paired with best-in-class technology and customer relationships should see CIEN continue to gain meaningful market share in its core TAM, although we are less bullish on its two new product segments," he further wrote.
Check out <a href="https://www.benzinga.com/analyst-stock-ratings">other analyst stock ratings</a>.
<h1 class="wp-block-heading">Rosenblatt Securities On Ciena</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/628b6bab3547bd000104dc00/mike-genovese">Analyst Mike Genovese</a> reaffirmed a Neutral rating while cutting the price target from $79 to $73.
Ciena's healthy quarterly results were highlighted by strong orders, backlog build and gross margins, Genovese said. He added that the company's revenue guidance for the fiscal second quarter was not as strong as the beat.
Management maintained the full-year gross margin guidance at 42%-44% despite the first-quarter gross margins of 44.7%, which exceeded consensus by 270 basis points, the analyst stated.
The Street seemed to be concerned about the impact of tariffs and "demand destruction" from a potential recession this year, he further wrote.
<h1 class="wp-block-heading">Stifel On Ciena</h1>
<a href="https://www.benzinga.com/analyst-stock-ratings/analyst/58ad935ab85e930001f97192/ruben-roy">Analyst Ruben Roy</a> reiterated a Buy rating and price target of $95.
Ciena reported strong results across the board, Roy said. The company's order momentum continued, with direct orders from cloud service providers representing over 50% of overall orders during the quarter, he added.
With SP revenues growing 14% in the first quarter, "We continue to believe that CIEN is the best way to play our expectations for a continued SP recovery over the next 12-18 months," the analyst wrote. 
Management indicated that its guidance could be missed depending on "the outcome of proposed tariffs," he further stated.
CIEN Price Action: Shares of Ciena had risen by 4.18% to $66.62 at the time of publication on Wednesday.
Read More: • <a href="https://www.benzinga.com/government/regulations/25/02/43949618/cisco-and-nvidia-expand-ai-partnership-secure-us-government-authorization-for-cloud-security">Cisco and Nvidia Expand AI Partnership, Secure US Government Authorization for Cloud Security</a>
Photo: Courtesy Ciena

Analyst Color

Earnings Beats

Guidance

Reiteration

Tech

Ciena Posts Solid Q1 Beat, Raise; Guidance Could Be Missed Depending On 'Outcome Of Proposed Tariffs'

B. Riley Securities analyst Dave Kang maintains Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) with a Buy and lowers the price target from $97 to $89.

B. Riley Securities Maintains Buy on Ciena, Lowers Price Target to $89

Barclays analyst Tim Long maintains Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) with a Overweight and raises the price target from $97 to $100.

Barclays Maintains Overweight on Ciena, Raises Price Target to $100

Northland Capital Markets analyst Tim Savageaux upgrades Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) from Market Perform to Outperform and raises the price target from $60 to $75.

Northland Capital Markets Upgrades Ciena to Outperform, Raises Price Target to $75

Morgan Stanley analyst Meta Marshall maintains Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) with a Equal-Weight and lowers the price target from $80 to $76.

Morgan Stanley Maintains Equal-Weight on Ciena, Lowers Price Target to $76

Rosenblatt analyst Mike Genovese maintains Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) with a Neutral and lowers the price target from $79 to $73.

Rosenblatt Maintains Neutral on Ciena, Lowers Price Target to $73

Needham analyst Ryan Koontz maintains Ciena (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) with a Buy and lowers the price target from $95 to $90.

Needham Maintains Buy on Ciena, Lowers Price Target to $90

Wall Street's losing streak extended into Tuesday, with stocks deepening their slump as continued trade war fears rattled investor sentiment. 
The Nasdaq 100 slipped 0.6% by midday trading in New York after suffering on Monday its worst single-day drop since September 2022<a href="https://www.benzinga.com/economics/macro-economic-events/25/03/44255030/nasdaq-100-trades-below-its-200-day-moving-average-history-says-you-should-buy-the-dip-now"> in the prior session. </a>
The broader S&amp;P 500 slid to a seven-month low, amplifying concerns over the market's near-term trajectory.
The proportion of S&amp;P 500 stocks trading above their 200-day moving average has now shrunk to 44%, the lowest since November 2023. Each sector traded in the red, highlighting broad-based market weakness. 
The Dow Jones Industrial Average was the biggest underperformer on Tuesday, with industrial stocks bearing the brunt of escalating trade tensions.
On Tuesday, President Donald Trump escalated trade tensions by raising tariffs on Canadian steel and aluminum imports to 50%, responding to Ontario's move to levy a 25% tariff on <a href="https://www.benzinga.com/news/25/03/44253100/trump-slaps-50-tariff-on-canadian-steel-aluminum-threatens-auto-industry">electricity exports to the U.S. </a>
In a Truth Social post, Trump announced he had instructed the Commerce secretary to enforce the additional 25% tariff, which will take effect Wednesday morning.
On the macroeconomic front, job openings in the U.S. showed unexpected resilience, rising by 232,000 to 7.74 million in January from a downwardly revised 7.51 million in December. The reading exceeded market forecasts of 7.63 million, suggesting positive labor market news despite broader economic jitters.
The U.S. dollar continued its descent, with the dollar index slipping to six-month lows. Treasury yields edged higher ahead of Wednesday's closely watched inflation report for February, signaling that investors were not rushing into safe-haven bonds despite the ongoing market turbulence.
Commodities, meanwhile, found favor as investors sought inflation hedges. Gold advanced 1%, silver surged 2.3% and copper climbed 3%, reflecting renewed demand for tangible assets in a climate of heightened financial instability.
Bitcoin endured a wild session, initially plunging to an intraday low of $76,600 — its lowest level since Nov. 10, 2024 — before rebounding to post a 3.9% gain on the day.
<h1 class="wp-block-heading">Wednesday's Performance In Major U.S. Indices, ETFs</h1>
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Major Indices</td>
<td>Price</td>
<td>Chg %</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>2,011.25</td>
<td>-0.4%</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>19,305.23</td>
<td>-0.6%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>5,552.25</td>
<td>-1.1%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>41,296.00</td>
<td>-1.5%</td>
</tr>
</tbody>
</table>
<figcaption class="wp-element-caption">Updated at 12:55 p.m. ET</figcaption></figure>
According to&nbsp;<a href="https://www.benzinga.com/pro/?utm_source=BZprocontent&amp;t=be2bearmibe3na1">Benzinga Pro</a>&nbsp;data:
<ul>
<li>The&nbsp;SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>)&nbsp;fell 1.2% to $553.88.</li>
<li>The&nbsp;SPDR Dow Jones Industrial Average&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIA#NYSE">DIA</a>) fell 1.5% to $413.04.</li>
<li>The tech-heavy&nbsp;Invesco QQQ Trust Series&nbsp;(NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>) fell 0.6% to $469.56.</li>
<li>The&nbsp;iShares Russell 2000 ETF&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IWM#NYSE">IWM</a>) eased 0.7% to $199.32.</li>
<li>The&nbsp;Technology&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) managed to contain losses, yet still down 0.9%; the&nbsp;Communication Services&nbsp;Select Sector SPDR Fund&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLC#NYSE">XLC</a>)&nbsp;was the worst sector performer, down 1.9%.</li>
</ul>
<h3 class="wp-block-heading">Tuesday&#8217;s Stock Movers</h3>
<ul>
<li>Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) fell 3.3% after missing both <a href="https://www.benzinga.com/news/earnings/earnings-misses/25/03/44255998/oracles-q3-falls-short-but-ai-demand-keep-long-term-outlook-strong-say-analysts">earnings and revenue estimates last quarter</a>.</li>
<li>Other stocks reacting to corporate earnings report included: Ferguson Enterprises Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FERG#NYSE">FERG</a>)​, down 4.7%; Viking Holdings Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VIK#NYSE">VIK</a>)​, <a href="https://www.benzinga.com/news/earnings/25/03/44254442/viking-holdings-beats-on-q4-earnings-says-88-passenger-cruise-days-for-fy25-already-booked">down </a>6.4%; DICK&#8216;S Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>)​, down 5.8% and Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>)​, down 3.6%,</li>
<li>Verizon Communications Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VZ#NYSE">VZ</a>) shares dropped 6.9% after the company acknowledged at a conference that the quarter has been &#8220;challenging from a competitive intensity standpoint.&#8221; Verizon expects first-quarter postpaid phone gross additions to remain flat or decline slightly compared<a href="https://www.benzinga.com/news/guidance/25/03/44250482/verizon-communications-stock-is-sliding-tuesday-heres-why"> to the same period last year</a>.</li>
<li>Delta Air Lines (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) <a href="https://www.benzinga.com/general/travel/25/03/44237055/delta-air-lines-cuts-q1-guidance-below-estimates-airline-stocks-fall">revised its first-quarter earnings-per-share guidance</a> downward to 30 cents to 50 cents from the previous 70 cents–$1 range. The airline also lowered its revenue growth forecast to 3%–4% from the earlier 7%–9% projection. Delta shares fell 8.5%.</li>
</ul>
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Wall Street Drop Deepens As Trade War Fears Escalate, S&P 500 Hits 7-Month Lows: What's Driving Markets Tuesday?

U.S. stocks traded lower midway through trading, with the Dow Jones falling more than 1% on Tuesday.
The Dow traded down 1.07% to 41,462.06 while the NASDAQ declined 0.19% to 17,434.41. The S&amp;P 500 also fell, dropping, 0.66% to 5,577.74.
Check This Out: <a href="https://www.benzinga.com/25/03/44244550/this-ge-healthcare-analyst-turns-bullish-here-are-top-5-upgrades-for-tuesday">This GE HealthCare Analyst Turns Bullish; Here Are Top 5 Upgrades For Tuesday</a>
Leading and Lagging Sectors Information technology shares slipped by just 0.1% on Tuesday.
In trading on Tuesday, industrials shares dipped by 1.2%.
Top Headline
Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) reported better-than-expected fiscal first-quarter earnings.
The company posted revenue growth of 3.3% year-on-year to $1.07 billion, beating the analyst consensus estimate of $1.05 billion. The American telecommunications networking equipment and software services supplier reported adjusted EPS of 64 cents, beating the analyst consensus estimate of 41 cents.
Equities Trading UP &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;
<ul>
<li>Ramaco Resources, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/METC#NASDAQ">METC</a>) shares shot up 34% to $11.28 following better-than-expected quarterly results.</li>
<li>Shares of 2seventy bio, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSVT#NASDAQ">TSVT</a>)got a boost, surging 76% to $4.93 after the company announced it has agreed to be acquired by Bristol Myers Squibb for $286 million.</li>
<li>Hesai Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) shares were also up, gaining 41% to $22.60 after the company announced it secured a multi-year deal with Mercedes to supply Lidar sensors.</li>
</ul>
Equities Trading DOWN
<ul>
<li>Arvinas, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ARVN#NASDAQ">ARVN</a>) shares dropped 51% to $8.63 after the company announced topline results from the phase 3 VERITAC-2 Trial of Vepdegestrant Monotherapy Versus Fulvestrant in adults with advanced or retastatic breast cancer.</li>
<li>Shares of Asana, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) were down 28% to $11.93 after the company reported fourth-quarter financial results announced the departure of CEO Dustin Moskovitz. Multiple firms cut their respective price targets on the stock.</li>
<li>Sacks Parente Golf, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SPGC#NASDAQ">SPGC</a>) was down, falling 32% to $0.1085 after the company initiated a 1-for-30 reverse stock split and announced a rebranding to the name Newton Golf.</li>
</ul>
Commodities In commodity news, oil traded up 1.1% to $66.78 while gold traded up 0.8% at $2,923.10.
Silver traded up 1.9% to $33.15 on Tuesday, while copper rose 2% to $4.7580.
Euro zone
European shares were lower today. The eurozone's STOXX 600 fell 1.09%, Germany's DAX 40 fell 0.35% and France's CAC 40 fell 0.66%. Spain's IBEX 35 Index fell 0.92%, while London's FTSE 100 fell 0.83%.
Asia Pacific Markets
Asian markets closed mostly lower on Tuesday, with Japan's Nikkei dipping 0.64%, China's Shanghai Composite Index gaining 0.41% and Hong Kong's Hang Seng Index falling 0.01%, India's BSE Sensex falling 0.02%.
Economics
The NFIB Small Business Optimism Index fell 2.1 points to a reading of 100.7 in February, recording the lowest reading since October 2024.
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</ul>

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Crude Oil Gains 1%; Ciena Earnings Top Views

Ciena shares are trading lower. The company reported Q1 financial results.

Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) reported a fiscal first-quarter 2025 revenue growth of 3.3% year-on-year to $1.07 billion, beating the <a href="https://www.benzinga.com/pressreleases/25/03/b44242752/ciena-reports-fiscal-first-quarter-2025-financial-results" target="_blank" rel="noreferrer noopener">analyst consensus estimate of $1.05 billion</a>.
The American telecommunications networking equipment and software services supplier reported adjusted EPS of $0.64,&nbsp;beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate of $0.41</a>. The stock price gained after the report.
Also Read: <a target="_blank" href="https://www.benzinga.com/government/regulations/25/03/44235249/slowdown-and-tariff-talk-grips-the-hottest-sector-on-wall-street-semiconductor-etf-now-has-a-negative-1-year-return" rel="noreferrer noopener">Slowdown And Tariff Talk Grips The Hottest Sector On Wall Street &#8211; Semiconductor ETF Now Has A Negative 1-Year Return</a>
Segments:&nbsp;Total Networking Platforms revenue rose by 1.7% Y/Y to $821.2 million, and Total Global Services increased by 2.5% Y/Y to $130 million.
Margins:&nbsp;The adjusted gross margin declined by 100 bps to 44.7%, and the adjusted operating margin decreased by 90 bps to 12.3%. Two 10%-plus customers represented a total of 26.1% of revenue.
Ciena held $1.32 billion in cash and equivalents and generated $103.7 million in operating cash flow.
During the quarter, the company bought back approximately 1.0 million shares of common stock for an aggregate price of $79.2 million.
CEO Gary Smith said that Ciena is well-positioned to benefit from the global investment in networks that scale for cloud and AI.
Ciena stock surged over 27% in the last 12 months. After the fourth-quarter report, BofA Securities, Needham, Northland Capital Markets, and&nbsp;Stifel&nbsp;<a target="_blank" href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42489768/cienas-strong-2025-outlook-wins-analyst-confidence-ai-bandwidth-and-optical-market-expansion-in-focus" rel="noreferrer noopener">rerated the stock</a>, citing AI-driven demand growth.
Price Action:&nbsp;CIEN stock is up 6.82% at $70.00 premarket at the last check Tuesday.
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Image via Shutterstock

Ciena Q1 Earnings: Revenue and EPS Beat Estimates, CEO Eyes AI, Cloud Network Tailwinds

Ciena Q1 2025 Adj. EPS $0.64 Beats $0.41 Estimate, Sales $1.072B Beat $1.052B Estimate

U.S. stock futures rose on Tuesday following Monday&#8217;s heavy selloff. Futures of all four benchmark indices surged in premarket trading.
On Monday, the Nasdaq 100 index fell 12.56%, while the S&amp;P 500 dropped 8.67% from its previous high. While Nasdaq 100 had entered the correction zone last week, S&amp;P 500 was nearing the territory.
The selloff followed President Donald Trump&#8216;s comments from Sunday, where he didn&#8217;t rule out the possibility of a recession. He also said that the economy was undergoing "a period of transition,&#8221; as his tariff battle against major trading partners continued.
Meanwhile, the 10-year Treasury yield stood at 4.20%, while the two-year yield was at 3.89%. According to the CME Group's FedWatch <a href="https://www.cmegroup.com/markets/interest-rates/cme-fedwatch-tool.html">tool</a>, there is a 95% chance that the Federal Reserve will keep interest rates unchanged for the March meeting.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Futures</td>
<td>Change (+/-)</td>
</tr>
<tr>
<td>Nasdaq 100</td>
<td>0.41%</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>0.27%</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>0.20%</td>
</tr>
<tr>
<td>Russell 2000</td>
<td>0.93%</td>
</tr>
</tbody>
</table>
</figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, rose in premarket on Tuesday. The SPY was up 0.37% to $562.63, and the QQQ also advanced 0.57% to $475.42, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
Cues From The Last Session
On Monday, U.S. stock market saw significant losses, particularly in consumer discretionary, information technology, and communication services sectors.
In contrast, utilities and energy sectors saw gains. This sector-driven decline contributed to the Dow dipping 890 points.
Overall market weakness followed a tough week, with the S&amp;P 500 down 3.1%. Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) and Meta Platforms Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/META#NASDAQ">META</a>) shares also experienced notable drops.
<figure class="wp-block-table is-style-stripes"> 
<table>
<tbody>
<tr>
<td>Index</td>
<td>Performance (+/-)</td>
<td>Value</td>
</tr>
<tr>
<td>Nasdaq Composite</td>
<td>-4.00%</td>
<td>17,468.32</td>
</tr>
<tr>
<td>S&amp;P 500</td>
<td>-2.70%</td>
<td>5,614.56</td>
</tr>
<tr>
<td>Dow Jones</td>
<td>-2.08%</td>
<td>41,911.71 </td>
</tr>
<tr>
<td>Russell 2000</td>
<td>-2.72%</td>
<td>2,019.07</td>
</tr>
</tbody>
</table>
</figure>
Insights From Analysts
After entering correction territory last week, the Nasdaq 100 fell 3.81% on Monday, confirming a key trend highlighted by Jason Goepfert.
Historically, a 3.5%+ drop following a correction and a 200-day average breach has led to a bear market, according to Goepfert.
Goepfert reaffirmed his assumptions and said that a "bad scenario," had been triggered and it was "Not the best sign for bulls."
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">Already triggered the bad scenario. Not the best sign for bulls. <a href="https://t.co/GMm8bv3sUr">https://t.co/GMm8bv3sUr</a>
&mdash; Jason Goepfert (@jasongoepfert) <a href="https://twitter.com/jasongoepfert/status/1899201625107153288?ref_src=twsrc%5Etfw">March 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
However, not all analysts believed that the indices are headed toward a bear market.
Mona Mahajan, the investment strategist at Edward Jones, calmed the investors after Monday&#8217;s selloff and said that pullbacks are normal and the possibility of a bear market was not confirmed.
&#8220;Investors are understandably nervous – the economy seems to be softening as tariffs and government policy uncertainty remain elevated. But keep in mind that in any given year, one to three pullbacks are normal, in the 5% to 15% range, and historically these have led to buying opportunities. Especially because we don&#8217;t yet see a recession, the likelihood of a deep or prolonged bear market is not as high.&#8221;
Sentimentrader&#8217;s Jay Kaeppel said that the U.S. stock market is only &#8220;sorta, kinda&#8221; oversold, citing the McClellan Oscillator&#8217;s data for the S&amp;P 500.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">BTW, the U.S. stock market is only "sorta, kinda" oversold. Corrections tend to play out until an actual "washout" occurs. Sorry, I don't make the rules. <a href="https://twitter.com/sentimentrader?ref_src=twsrc%5Etfw">@sentimentrader</a> <a href="https://t.co/kg4bPq7Dvf">pic.twitter.com/kg4bPq7Dvf</a>
&mdash; Jay Kaeppel (@jaykaeppel) <a href="https://twitter.com/jaykaeppel/status/1899064152980591037?ref_src=twsrc%5Etfw">March 10, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
Charlie Bilello of Creative Planning shared a list of past S&amp;P 500 drops, noting each event &#8220;seemed like the end of the world&#8221; at the time.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter"> 
<div class="wp-block-embed__wrapper">
<blockquote class="twitter-tweet" data-width="500" data-dnt="true">The S&amp;P 500 has now fallen over 9% from its peak on February 19, the biggest pullback since last August. This is the 30th correction &gt;5% off of a high since the March 2009 low. They all seemed like the end of the world at the time. <a href="https://twitter.com/search?q=%24SPX&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$SPX</a> Video: <a href="https://t.co/bp8qymBdHZ">https://t.co/bp8qymBdHZ</a> <a href="https://t.co/gnv4F6E5li">pic.twitter.com/gnv4F6E5li</a>
&mdash; Charlie Bilello (@charliebilello) <a href="https://twitter.com/charliebilello/status/1899251053658247484?ref_src=twsrc%5Etfw">March 11, 2025</a></blockquote>
<script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></div>
</figure>
See Also: <a href="https://www.benzinga.com/money/how-to-trade-futures">How to Trade Futures </a>
Upcoming Economic Data
Here&#8217;s what investors will keep on Tuesday:
<ul>
<li>On Tuesday, February&#8217;s NFIB optimism index data will be released at 6:00 a.m., ET.</li>
</ul>
<ul>
<li>January&#8217;s job openings data will be out by 10:00 a.m., ET.</li>
</ul>
Stocks In Focus:
<ul>
<li>DICK&#8217;S Sporting Goods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DKS#NYSE">DKS</a>) was up 0.94% in premarket on Tuesday ahead of its earnings, which will be released before the opening bell. Analysts expect it to report earnings of $3.53 per share on revenue of $3.78 billion.</li>
</ul>
<ul>
<li>Ciena Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CIEN#NYSE">CIEN</a>) dropped 1.23% as Wall Street expects it to report quarterly earnings of 41 cents per share on revenue of $1.05 billion before the opening bell.</li>
</ul>
<ul>
<li>Kohl&#8217;s Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KSS#NYSE">KSS</a>) slipped 2.07% ahead of its earnings, which will be released before the opening bell. Analysts expect it to report earnings of 73 cents per share on revenue of $5.14 billion.</li>
</ul>
<ul>
<li>United Natural Foods Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UNFI#NYSE">UNFI</a>) advanced 0.07% as Wall Street expects it to report quarterly earnings of 19 cents per share on revenue of $7.96 billion before the opening bell.</li>
</ul>
<ul>
<li>Oracle Corp. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ORCL#NYSE">ORCL</a>) was 1.08% lower after reporting third-quarter revenue of $14.13 billion, missing the consensus estimate of $14.39 billion. Also, adjusted earnings of $1.47 per share, missing analyst estimates of $1.49 per share.</li>
</ul>
<ul>
<li>2Seventy Bio Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSVT#NASDAQ">TSVT</a>) surged 76.07% as Bristol-Myers Squibb Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BMY#NYSE">BMY</a>) said that it will acquire the company for $5.00 per share in an all-cash deal, an 88% premium, valuing the company at $286 million.</li>
</ul>
<ul>
<li>Tenon Medical Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TNON#NASDAQ">TNON</a>) zoomed 60% after it secured two European patents for its Catamaran SI Joint Fixation Device, strengthening its global portfolio and highlighting its innovation in SIJ disorder treatment.</li>
</ul>
<ul>
<li>NET Power Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NPWR#NYSE">NPWR</a>) slumped 35.79% after reporting wider-than-expected fourth quarter loss.</li>
</ul>
<ul>
<li>Asana Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ASAN#NYSE">ASAN</a>) plummeted 27.34% after CEO Dustin Moskovitz announced retirement.</li>
</ul>
<ul>
<li>LifeMD Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/LFMD#NASDAQ">LFMD</a>) rose 23.65% after reporting better than expected revenue and EPS in the fourth quarter.</li>
</ul>
<ul>
<li>Tesla Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSLA#NASDAQ">TSLA</a>) jumped 3.09% after dropping over 41.43% on a year-to-date basis in 2025 as Trump reaffirmed his support for Elon Musk on Monday, praising him for &#8220;putting it on the line&#8221; for the nation. On Truth Social, Trump accused &#8220;left lunatics&#8221; of illegally colluding to boycott Tesla.</li>
</ul>
Commodities, Gold And Global Equity Markets:
Crude oil futures were trading higher in the early New York session by 0.73% to hover around $66.51 per barrel.
The gold spot index was up by 0.74% to $2,910.70 per ounce. Its last record high was at $2,956.37 per ounce. The Dollar Index was down 0.44% at the 103.444 level.
Asian markets closed mostly lower on Tuesday as Australia's ASX 200, Japan's Nikkei 225, South Korea's Kospi, and Hong Kong's Hang Seng index declined. Whereas India's S&amp;P BSE Sensex, China's CSI 300 advanced. European markets were mostly higher in trade.
Read Next:
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<li><a href="https://www.benzinga.com/25/03/44240968/history-repeats-market-enters-correction-zone-in-the-same-week-when-dot-com-bubble-burst-25-years-ago-heres-what-experts-are-saying">History Repeats? Market Enters Correction Zone In The Same Week When Dot-Com Bubble Burst 25 Years Ago: Here&#8217;s What Experts Are Saying</a></li>
</ul>
Photo courtesy: Shutterstock

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US Stocks Likely To Open Higher After Monday's Selloff: TSLA Stock Rebounds From Its Worst Fall In 5 Years After Trump Backs Musk, Analyst Says 'Pullbacks Are Normal'

Press Releases

Ciena Announces Reporting Date and Web Broadcast for Fiscal First Quarter 2025 Results

Telia Norway and Ciena Achieve First Live 1.6 Tb/s Data Transmission in Nordics

Ciena Announces Internet Availability of 2025 Annual Meeting Proxy Materials

Cirion Prepares Network for Surging Cloud and AI Demands with Ciena's WaveLogic 6

Lumen Selects Ciena Optical Tech to Support AI Workloads

e& UAE First in Middle East & Africa to Deploy Ciena's WaveLogic 6

Ciena Reports Fiscal First Quarter 2025 Financial Results

Ciena Global Survey Explores Networking Needs for AI Era

Ciena Brings Data Center Connectivity Innovations to OFC 2025

Lumen and Ciena Transmit Record-breaking 1.2 Tbps Wavelength Service Across 3,050 Kilometers

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