Ciena reported revenue of $433.3 million for its Q1 of fiscal 2011, representing a 4% sequential increase from fiscal fourth quarter 2010 revenue of $417.6 million.  Ciena's net loss (GAAP) for the quarter was $(79.1) million, or $(0.84) per common share, which compares to a GAAP net loss of $(53.3) million, or $(0.58) per common share, for the fiscal first quarter of 2010. The fiscal first quarter 2011 included $24.2 million in acquisition and integration-related costs associated with Ciena's acquisition of assets of the Metro Ethernet Networks (MEN) business of Nortel.
"As we approach the one year mark of our combination with the Nortel MEN business, we have successfully accomplished our major integration milestones and are now operating from a single, unified foundation from which to maximize the operating leverage in the business," said Gary Smith, president and CEO of Ciena. "We continue to be encouraged by strong end user demand and recent customer awards that validate our technology and solutions and leave us well positioned for growth. In the short term, however, we are mindful of the effects of our back office integration activity, which -- while extremely well-executed -- resulted in some revenue acceleration into the first quarter and minor ERP-related supply chain constraints at the beginning of our second quarter," said Smith. "Accordingly, we expect fiscal second quarter 2011 revenue to be in the range of $415 million to $435 million and adjusted gross margin to be in the low 40s range."http://www.ciena.com
"As we approach the one year mark of our combination with the Nortel MEN business, we have successfully accomplished our major integration milestones and are now operating from a single, unified foundation from which to maximize the operating leverage in the business," said Gary Smith, president and CEO of Ciena. "We continue to be encouraged by strong end user demand and recent customer awards that validate our technology and solutions and leave us well positioned for growth. In the short term, however, we are mindful of the effects of our back office integration activity, which -- while extremely well-executed -- resulted in some revenue acceleration into the first quarter and minor ERP-related supply chain constraints at the beginning of our second quarter," said Smith. "Accordingly, we expect fiscal second quarter 2011 revenue to be in the range of $415 million to $435 million and adjusted gross margin to be in the low 40s range."http://www.ciena.com
 
 according to newly released data from the comScore MobiLens service.  A total of 65.8 million people in the U.S. owned smartphones during the three months ending in January 2011, up 8 percent from the preceding three-month period. Google Android captured the #1 ranking among smartphone platforms for the first time in January with 31.2 percent market share. RIM ranked second with 30.4 percent market share, followed by Apple with 24.7 percent. Microsoft (8.0 percent) and Palm (3.2 percent) rounded out the top five.
according to newly released data from the comScore MobiLens service.  A total of 65.8 million people in the U.S. owned smartphones during the three months ending in January 2011, up 8 percent from the preceding three-month period. Google Android captured the #1 ranking among smartphone platforms for the first time in January with 31.2 percent market share. RIM ranked second with 30.4 percent market share, followed by Apple with 24.7 percent. Microsoft (8.0 percent) and Palm (3.2 percent) rounded out the top five.
 has shipped 1 million 10G Optical Transport Network (OTN) ports and the company believes the technology has reached an inflection point for the industry. Shipments of AppliedMicro System-on-Chip ports to manufacturers of optical switch and routing equipment has risen by more than 50 percent over the last two years.
 has shipped 1 million 10G Optical Transport Network (OTN) ports and the company believes the technology has reached an inflection point for the industry. Shipments of AppliedMicro System-on-Chip ports to manufacturers of optical switch and routing equipment has risen by more than 50 percent over the last two years.











 
 
 
 
 
