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Ciena's (CIEN) Optical Solutions Continue to Gain Traction
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Ciena Corporation’s (CIEN - Free Report) WaveLogic 5 Extreme (WL5e) coherent optical solution is being used by Columbia-based telecommunications operator Media Commerce amid increasing bandwidth demand.
Media Commerce will be able to provide high-bandwidth connectivity across Columbia by using Ciena’s 6500 Packet-Optical Platforms with WL5e powered by WaveLogic Ai transponders and a 6500 flexible grid ROADM (reconfigurable optical add/drop multiplexers) line system.
The integration of WL5e will help Media Commerce deploy 100GbE and 400GbE services and flexible spectrum services to various business owners to optimize the interconnections of their data centers throughout the country.
Media Commerce will also leverage the ultra-low latency feature to provide channels from Bogotá to Barranquilla without regeneration points, ultimately improving resiliency and performance.
The new network provides connectivity across 300 towns and supports up to 800Gb/s capacity per channel, as per company estimates.
Recently, Ciena partnered with GTS Telecom to upgrade its network from 10G to 100G across the country amid increasing capacity demand by utilizing 6500 Packet-Optical Platforms. The WaveLogic Encryption feature will aid GTS Telecom in integrating encryption services for customers in the public sector with heightened security requirements.
Prior to that, in January 2022, Ciena coherent optical solutions were leveraged by India-based Vodafone Idea Limited. The telecom operator uses Ciena’s 6500 Packet-Optical Platforms that run on WaveLogic 5 Extreme solution for high-speed 300G/400G services, which can be upgraded to 800G.
CIEN is a leading provider of optical networking equipment, software and services. It is witnessing encouraging signs in the market that include improvements in customer spending and continues to benefit from increased network traffic, demand for bandwidth and adoption of cloud architectures.
In the last reported quarter, total revenues rose 13.8% year over year to $949.2 million, owing to strong demand trends. The pandemic-triggered macroeconomic woes and industry-wide supply-chain disruptions are concerns for Ciena.
Shares of the company have declined 22.7% compared with the industry’s decrease of 26.1%.
The Zacks Consensus Estimate for InterDigital’s 2022 earnings is pegged at $3.28 per share, increasing 5.13% in the past 60 days. The long-term earnings growth rate is anticipated to be 15%.
InterDigital’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 141.13%. Shares of IDCC have declined 20.3% in the past year.
The Zacks Consensus Estimate for Vishay Intertechnology’s 2022 earnings is pegged at $2.68 per share, rising 10.3% in the past 60 days. The long-term earnings growth rate is anticipated to be 22.7%.
Vishay Intertechnology’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 4.96%. Shares of VSH have declined 18% in the past year.
The Zacks Consensus Estimate for Avnet’s fiscal 2022 earnings is pegged at $6.83 per share, rising 20.5% in the past 60 days. The long-term earnings growth rate is anticipated to be 37.2%.
Avnet’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 21.22%. Shares of Avnet have grown 6.4% in the past year.
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Ciena's (CIEN) Optical Solutions Continue to Gain Traction
Ciena Corporation’s (CIEN - Free Report) WaveLogic 5 Extreme (WL5e) coherent optical solution is being used by Columbia-based telecommunications operator Media Commerce amid increasing bandwidth demand.
Media Commerce will be able to provide high-bandwidth connectivity across Columbia by using Ciena’s 6500 Packet-Optical Platforms with WL5e powered by WaveLogic Ai transponders and a 6500 flexible grid ROADM (reconfigurable optical add/drop multiplexers) line system.
Ciena Corporation Price and Consensus
Ciena Corporation price-consensus-chart | Ciena Corporation Quote
The integration of WL5e will help Media Commerce deploy 100GbE and 400GbE services and flexible spectrum services to various business owners to optimize the interconnections of their data centers throughout the country.
Media Commerce will also leverage the ultra-low latency feature to provide channels from Bogotá to Barranquilla without regeneration points, ultimately improving resiliency and performance.
The new network provides connectivity across 300 towns and supports up to 800Gb/s capacity per channel, as per company estimates.
Recently, Ciena partnered with GTS Telecom to upgrade its network from 10G to 100G across the country amid increasing capacity demand by utilizing 6500 Packet-Optical Platforms. The WaveLogic Encryption feature will aid GTS Telecom in integrating encryption services for customers in the public sector with heightened security requirements.
Prior to that, in January 2022, Ciena coherent optical solutions were leveraged by India-based Vodafone Idea Limited. The telecom operator uses Ciena’s 6500 Packet-Optical Platforms that run on WaveLogic 5 Extreme solution for high-speed 300G/400G services, which can be upgraded to 800G.
CIEN is a leading provider of optical networking equipment, software and services. It is witnessing encouraging signs in the market that include improvements in customer spending and continues to benefit from increased network traffic, demand for bandwidth and adoption of cloud architectures.
In the last reported quarter, total revenues rose 13.8% year over year to $949.2 million, owing to strong demand trends. The pandemic-triggered macroeconomic woes and industry-wide supply-chain disruptions are concerns for Ciena.
Shares of the company have declined 22.7% compared with the industry’s decrease of 26.1%.
Zacks Rank & Stocks to Consider
Ciena carries a Zacks Rank #4 (Sell).
Some better-ranked stocks from the broader technology space are InterDigital (IDCC - Free Report) , Vishay Intertechnology (VSH - Free Report) and Avnet (AVT - Free Report) . InterDigital and Avnet currently sport a Zacks Ranks #1 (Strong Buy), whereas Vishay Intertechnology holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for InterDigital’s 2022 earnings is pegged at $3.28 per share, increasing 5.13% in the past 60 days. The long-term earnings growth rate is anticipated to be 15%.
InterDigital’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 141.13%. Shares of IDCC have declined 20.3% in the past year.
The Zacks Consensus Estimate for Vishay Intertechnology’s 2022 earnings is pegged at $2.68 per share, rising 10.3% in the past 60 days. The long-term earnings growth rate is anticipated to be 22.7%.
Vishay Intertechnology’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 4.96%. Shares of VSH have declined 18% in the past year.
The Zacks Consensus Estimate for Avnet’s fiscal 2022 earnings is pegged at $6.83 per share, rising 20.5% in the past 60 days. The long-term earnings growth rate is anticipated to be 37.2%.
Avnet’s earnings beat the Zacks Consensus Estimate in the last four quarters, the average being 21.22%. Shares of Avnet have grown 6.4% in the past year.