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Gary Smith, Ciena Corp. CEO and president, on his company's continued growth and how it is faring compared to its competitors.
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-- from Baltimore Maryland Gary Smith.
The CEO and president of network solutions communications equipment giant -- -- great to see Gary.
And and -- let's just continue this conversation here do you think that that's a real positive here and you've been hiring a pretty much on a -- lately.
-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- But even sense that -- is the beginning of this fiscal year oh we have increased strategically.
Hiring am we're up about three descends yet today.
OK what so what are you looking for here because here's the -- that we've heard from a lot of CEOs.
I can't find skilled workers now with what you cut -- do -- CNN I've covered this company for many years.
It's a high only specific.
High tech business.
Is it worth fifteen to train people who are out there looking for a job who came from a totally different industries apart to find those with the skills unique.
But you know certainly -- reduce some of that but you know I think as you say it's really about the right kind of scary old that people.
In the business and and we have a very sustained investment model we've invested during the downtown amounts.
You know bode well for us so vote of over many -- does but.
You know I think the the real issue for us is just removing uncertainty.
And that -- -- through you know tax breaks it can be through certainty around the reduction in the deficits.
You know I I think that and I'm spending on infrastructure as well I think -- -- -- what we're really looking for is as much certainty as we can possibly yeah.
Well figure customer base is struggling we know that I mean they don't have a lot of money at the moment to build out hide big profile networks but.
But what something like say for example -- it's highly contested but the AT&T T-Mobile merger help a company like yours -- no AT&T is a client but T-Mobile isn't yet.
Are you for that -- Well I think you know what will be appropriate for me to -- to come and on that because I think you know all of our customers are all of its tier one carrier is and and and North America so.
It's not my place to talk about they have -- right.
Because I asked because analysts are saying the T-Mobile could really bring you know an opportunity for somebody like you -- how do you feel about the free market at work.
While us and I think lead the growth then LT -- next generation might file is going to be bad regardless.
So you know I think they admit that demands flow -- while infrastructure growth saw all going to be that anyway.
I want to let people know that in your third quarter you beat estimates she swung to a profit back up a lot of people excited on a -- September 1 of trading where September's been a tough beginning of the month.
Markets were down you guys jumped on that date by 21%.
A lot of people want to know -- shareholders -- excited by that.
When do you sort of translate the profits in -- share gains because at the moment you're pretty much flat year over year.
Well I think you know where are gaining market share in the businesses that -- -- we're up about twelve the science.
Up on last year in terms of our revenues.
We had good profitability as you pointed out last quarter you know we're making very good progress in the that demand characteristics in our industry around increase mobile's video cloud computing.
That role that not all very strong down having the drivers a bad fur customized to modernize -- -- -- I think.
You know even -- those demand drivers you know we're not immune clearly from the you know the macro environments and I thank.
-- -- -- Aussie in some sluggishness we are seeing you know increased scrutiny of capex.
Even though business continues to grow -- we're you know we're not immune from the overruled.
Global sit well I will say -- your stock has outperformed some of the competitors like Tellabs to juniper and we're watching it because.
With people in the know say you guys have decreased smart mark products and and good technology thanks so much for joining us good to see Gary thank US.
