Ciena Corporation NASDAQ:CIEN yesterday announced expected participation in some upcoming events with the financial community. The following events will be recorded and interested parties may access the broadcast approximately one hour following the presentation of the live event in the Investors/Events section of company’s website at www.ciena.com.

Company is first scheduled to participate at 2011 Citi Technology Conference in New York, on Thursday, September 8, 2011 at 1:45 pm Eastern Daylight Time. Ciena’s SVP and Chief Financial Officer Mr. Jim Moylan will be the speaker. The second event is Deutsche Bank 2011 Technology Conference at Las Vegas, NV on Thursday, September 15, 2011 @ 2:10 pm Pacific Daylight Time. Tom Mock, company’s SVP, Corporate Marketing and Communications will be the speaker.

CIEN is basically a Communication Equipment industry company. The sales of company resulted $1.70 billion for last consecutive twelve months, and the company’s net income recorded $-253.51 million. The company’s growth of its sales in recent quarter vs. year ago quarter recorded 11.70% which is below the Industry benchmark of 18.50% and below from Standard and Poor’s benchmark of 15.90%.

Company is on an optimistic track of growth as the pre-tax margin of Ciena Corporation is -14.5% which is above the industry benchmark for pre-tax margin of -23.2% and below the Standard and Poor’s benchmark for pre-tax margin of 17.9%.

The current stock price of company on September 02, 2011 decreased 6.32% and settled to the closing price of $13.78. The company’s share volume is 14.36 million shares. Its fifty two week range was $10.33-$29.24. The total market capitalization remained $1.34 billion.

CIEN current stock price is moving above its 52 week low by 33.40% and moving below from 52 week high price by 52.87%. CIEN last month stock price volatility remained 7.69%. In its share capital CIEN has 95.68 million outstanding shares while company’s float is 94.93 million shares. Ownership of company is 2.85% with insiders.

Ciena is the network specialist. We collaborate with customers worldwide to unlock the strategic potential of their networks and fundamentally change the way they perform and compete. With focused innovation, Ciena brings together the reliability and capacity of optical networking with the flexibility and economics of Ethernet, unified by a software suite that delivers the industry’s leading network automation. We routinely post recent news, financial results and other important announcements and information about Ciena on our website.

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