Ciena (CIEN) in Pivotal Point Check: 49% Growth in Hyperscalers Propels Network Equipment Stock to New 10-Year High!
Reading Time: 2 minutes
Strong revenue growth of 20% in Q4. The hyperscaler business grew by 49% and now accounts for 42% of quarterly revenue. Record backlog of over $5 billion and an upgraded revenue forecast for fiscal year 2026. The stock of the US network equipment provider surged on Thursday, December 11, to a fresh 10-year high. This massive rise was triggered by the release of excellent results for Q4 of fiscal year 2025, as well as an optimistic outlook for the upcoming year. Ciena is a provider of networking technology solutions that specializes in...
Read this article now with a free account.
Your benefits:
- Every month, you can read 5 articles from the premium section for free.
- Monthly 2 trial issues of the Trader newspaper for free.
- Create a personal watchlist with an overview of news about your stock.
