8-KEarnings & ResultsSecurities & ListingExhibits & Filings

CIENA CORP 8-K Report, Financial Results (Dec 12, 2013)

Filed December 12, 2013For Securities:CIEN

Summary

Ciena Corporation (CIEN) filed an 8-K on December 12, 2013, primarily to announce its financial results for the fourth fiscal quarter and full fiscal year ended October 31, 2013. The filing also disclosed Ciena's decision to transfer its common stock listing from the NASDAQ Global Select Market to the New York Stock Exchange (NYSE), effective December 23, 2013, under the ticker symbol CIEN. Investors should note that the financial results themselves are detailed in an accompanying press release (Exhibit 99.1) which is furnished with this 8-K, and Ciena will host an investor call to discuss these results. The relocation to the NYSE is a significant strategic move, potentially offering enhanced visibility and liquidity for Ciena's stock. While the 8-K itself does not provide the financial figures, it directs investors to the press release and the company's investor relations website for detailed performance metrics. The report also clarifies that the information furnished is not deemed 'filed' for certain SEC liability purposes.

Key Highlights

  • 1Ciena Corporation reported its financial results for Q4 and the full fiscal year 2013, ending October 31, 2013.
  • 2The company announced its decision to transfer its common stock listing from NASDAQ to the New York Stock Exchange (NYSE).
  • 3The stock is expected to begin trading on the NYSE on December 23, 2013, under the ticker symbol "CIEN".
  • 4Ciena provided written notice to NASDAQ for voluntary delisting, effective at the close of trading on December 22, 2013.
  • 5The detailed financial results are presented in a press release furnished as Exhibit 99.1 to the 8-K.
  • 6Ciena will host an investor call to discuss its Q4 and fiscal year 2013 financial performance.
  • 7An investor presentation with highlighted Q4/FY13 results and historical data is available on the company's website.

Frequently Asked Questions

Ciena's financial results for the fourth fiscal quarter and fiscal year ended October 31, 2013, are detailed in a press release that is furnished as Exhibit 99.1 to this 8-K filing. The company also makes an accompanying investor presentation available on its corporate website, which includes highlighted results and historical data.

Ciena's common stock is expected to begin trading on the New York Stock Exchange (NYSE) on December 23, 2013. The stock will trade under the ticker symbol "CIEN".

The 8-K filing indicates that the Board of Directors approved the transfer of Ciena's common stock listing to the NYSE from the NASDAQ Global Select Market. While the specific reasons are not detailed in this particular filing, such moves often aim for increased visibility, potential for higher trading liquidity, and alignment with other major companies on the NYSE.

No, according to the filing, the information in this Report (specifically the press release furnished as Exhibit 99.1) shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section. It also will not be incorporated by reference into any registration statement under the Securities Act of 1933.