Ciena Corporation
Market Cap
89B
Short interest (Apr 30)
3.1%
Net Short (Jun 03 ): -0.1%
Borrow Fee
0.27%
↓ 14.6%
Available Shares
2M
↓ 27.2%
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Company Overview
Ciena is a leader in high-speed optical connectivity, providing systems, components, and automation software for telecom providers and enterprises, such as data centers, to enable long-distance connectivity. The company operates through four primary business segments: networking platforms, platform software and services, Blue Planet automation software, and global services. While telecom carriers remain important customers, cloud providers and hyperscalers now drive a significant portion of the business. To meet the demands of AI data centers, customers are adopting Ciena's WaveLogic 6 platform, the first to support 1.6 terabits-per-second capacity.
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