Ciena posts strong Q4, lands BT deal

Optical networking equipment vendor Ciena Corp reported fiscal fourth quarter earnings of $30.4 million, or about 30 cents per share, more than double its earnings for the same quarter last year. Revenue also was up 35% year-over-year, and Ciena beat most Wall Street estimates for the quarter. The vendor also announced it had landed a deal to supply Ethernet access gear for BT's 21st Century Network project. Ciena already provides BT with core transport equipment for the 21CN. The deal is a victory for Ciena's Ethernet access PEM partner ANDA Networks.

For more:
- see this earnings story and this deal report in Light Reading

Related articles:
- Ciena also did pretty well in the third quarter this year

Suggested Articles

Google is spending $1.1 billion to bulk up its data center footprint in the Netherlands.

Colt Technology Services and the Global Leaders Forum announced Monday that they are preparing the launch of a blockchain-enabled settlement platform.

Using its Cloud Connect Dynamic Connections platform, CenturyLink is turning up cloud connections for enterprises in Microsoft Azure,