Category: Ciena Corp

JPMorgan, Toshiba, Ciena Find New Way to Protect Blockchain With Quantum Network

February 18, 2022
blockchainBusiness & EconomyCiena CorpCompaniescryptocurrencyeconomyJPMorganLocal NewsMarketsNew Yorkprotectquantum computingRegional-Local NewsToshibaUSUS News
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NEW YORK—A team of quantum computing engineers from JPMorgan Chase & Co., Toshiba Corp. and Ciena Corp. say they have successfully shown that a powerful, newly-developed encryption network can be used to protect communications on the blockchain, according to a paper published Thursday. The group of researchers say it is the first time that a…

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Ciena Clocks 26 Percent Revenue Growth in Q4, Beats Consensus; Plans Share Buyback up to $1 Billion

December 10, 2021
Business & EconomyCiena CorpeconomyMarket WatchMarketsstock
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Ciena Corp (CIEN) reported fourth-quarter FY21 revenue growth of 25.7 percent year-on-year to $1.04 billion, beating the consensus of $1.03 billion. Segments Total Networking Platforms revenue rose by 30.5 percent Y/Y to $828.8 million, and Total Global Services increased 7.6 percent Y/Y to $126.8 million. Margins The adjusted gross margin contracted 320 bps to 46.3…

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