Ciena is successfully leveraging its AI-driven platforms, winning contracts for GPU clusters, though profit growth is currently lagging behind revenue gains.
1 report, 1 independent
Updated Jul 9
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What happened
Ciena is successfully leveraging its AI-driven platforms, winning contracts for GPU clusters, though profit growth is currently lagging behind revenue gains.
Who's involved
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The entities involved
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Ciena
telecommunications company
Related events
Coverage
Newest first; wire copies grouped- Investing.comMorgan Stanley cuts Ciena as profit lags AI revenue gains Investing.com -- Morgan Stanley downgraded Ciena (NYSE:CIEN) Corp to Underweight from Equal Weight and trimmed its price target to $70 from $