CIEN’s profitability is good. In addition to the decrease in 2018, the net profit margin has gradually increased in recent years.
CIEN’s growth has slowed down, but its net profit margin has increased, and free cash flow per share has increased. The company is in good health.
Market news: Ciena is a 5G infrastructure. Telecom companies need to upgrade the original network to optical fiber when transitioning from 4G to 5G. Ciena has a quarter of the optical fiber network hardware market share.
Stock price trend: The stock price has broken out of the bottom and continues to grow upward.