Ciena finishes 3Q strong

Equipment vendor Ciena Corp. beat analyst expectations in reporting in third-quarter earnings today. The Linthicum, Md., company reported its 14th straight quarter of revenue growth, and said that recent new customer wins were a contributing factor. The company has been pushing hard into Ethernet, where carriers are spending more money these days.

In a network equipment market where the biggest players have merged to strengthen their ability to be partners to ever-larger carriers, mid-sized (relatively-speaking) companies like Ciena seem left out, but that's not the story that earnings are telling.

For More:
- Light Reading covers Ciena's 3Q report

Suggested Articles

Deutsche Telekom's T-Systems subsidiary has deployed VMware's disaster-recovery-as-a-service platform on its Dynamic Services for Infrastructure (DSI…

Google is investing 3 billion euros ($3.3 billion) to expand the company's data footprint across Europe over the next two years.

When it comes to its fiber deployments, Verizon is hitting its stride, according to Verizon Chairman and CEO Hans Vestberg.