MEN at Work for Ciena
Ciena today reported third-quarter revenues of almost $390 million, with the MEN line of business generating nearly $222 million of that total. (See Ciena Reports Q3.)
That means the legacy Ciena business lines stumped up just $168 million in revenues, way down from the second quarter's $200 million. (See Ciena's Q2 Let Down by MEN.)
With spending by carriers in the US (Ciena's key market) widely regarded to be recovering, the sequential dip might be something of a worry, not only for Smith and his team, but for the rest of the vendor community as well.
On the plus side, of course, there's clearly market demand for the MEN optical platforms.
— Ray Le Maistre, International Managing Editor, Light Reading