First-quarter 2022 worldwide optical hardware spending increased 2.5% YoY, while packet gained 2%. North America led growth in both categories.
Optical revenue from cloud operators continues to grow while Acacia leads Gen60 market share categories in 1Q22.
Stung by supply chain difficulties, Nokia’s optical business declined, while packet continued to outperform.
Record company revenue. North America rebounds. Price hikes will take effect in second half ’22
Ciena grows hardware revenue 9% and lays the foundation for double-digit growth in 2022.
Fourth-quarter 2021 worldwide optical hardware spending increased 3.5% YoY. Declines centered in APAC for the second consecutive quarter, while all other regions grew YoY.
Quarterly and annual revenue hit records while ICE6 shipments double.
Nokia’s packet and optical businesses performed well in North America while slowing in traditional stronghold EMEA.
Fujitsu’s North American revenues finally returned to growth as wireless fronthaul and compact modular revenue grew.
Ciena has a record revenue quarter – and record backlog as supply chain challenges continue.
Optical forecasts were reduced by $1.1B worldwide in 2025 due to a shift of coherent optics into router-based DCO’s.
ICE6 ships in volume, but supply chain challenges keep revenue flat.
Nokia’s optical business declined against an elevated 3Q20, while packet sales continued their steady growth.
Ciena starts out the second half of 2021 strong, but supply chain headwinds threaten further growth.
First-quarter 2021 worldwide optical hardware spending was down slightly YoY, Chinese optical hardware spending was down significantly.
It was a big quarter for 600G coherent port shipments and sales to Cloud Operators.
Consistent worldwide results and a new effort to close the coherent gap with DCOs.
More ICE6 trials and wins as Infinera now ships for revenue; 600bps port shipments rebound.
Record Q2 profitability – Sales hit by 10% due to supply chain issues – EMEA continues to rebound
Ciena is well-positioned to return to growth in the second half of 2021 as multiple factors align in its favor.