Ciena Swings to Profit as AI Investments Drive Demand
Ciena CIEN 0.76%increase; green up pointing triangle swung to a profit and posted higher sales in its fiscal second quarter, as continued investments in cloud and artificial intelligence accelerated demand.
The networking-systems and software company on Thursday posted a profit of $9 million, or 6 cents a share, for its quarter ended May 3, compared with a loss of $16.8 million, or 12 cents a share, in last year's comparable quarter.

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Associated Press
25 minutes ago
- Associated Press
ROSEN, REGARDED INVESTOR COUNSEL, Encourages Digimarc Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action
New York, New York--(Newsfile Corp. - June 6, 2025) - WHY: Rosen Law Firm, a global investor rights law firm, reminds purchasers of securities of Digimarc Corporation (NASDAQ: DMRC) between May 3, 2024 and February 26, 2025, both dates inclusive (the 'Class Period'), of the important July 8, 2025 lead plaintiff deadline. SO WHAT: If you purchased Digimarc securities during the Class Period you may be entitled to compensation without payment of any out of pocket fees or costs through a contingency fee arrangement. WHAT TO DO NEXT: To join the Digimarc class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. A class action lawsuit has already been filed. If you wish to serve as lead plaintiff, you must move the Court no later than July 8, 2025. A lead plaintiff is a representative party acting on behalf of other class members in directing the litigation. WHY ROSEN LAW: We encourage investors to select qualified counsel with a track record of success in leadership roles. Often, firms issuing notices do not have comparable experience, resources, or any meaningful peer recognition. Many of these firms do not actually litigate securities class actions, but are merely middlemen that refer clients or partner with law firms that actually litigate the cases. Be wise in selecting counsel. The Rosen Law Firm represents investors throughout the globe, concentrating its practice in securities class actions and shareholder derivative litigation. Rosen Law Firm achieved the largest ever securities class action settlement against a Chinese Company at the time. Rosen Law Firm was Ranked No. 1 by ISS Securities Class Action Services for number of securities class action settlements in 2017. The firm has been ranked in the top 4 each year since 2013 and has recovered hundreds of millions of dollars for investors. In 2019 alone the firm secured over $438 million for investors. In 2020, founding partner Laurence Rosen was named by law360 as a Titan of Plaintiffs' Bar. Many of the firm's attorneys have been recognized by Lawdragon and Super Lawyers. DETAILS OF THE CASE: According to the lawsuit, throughout the Class Period, defendants made false and misleading statements and/or failed to disclose that: (1) a large commercial partner would not renew a large contract on the same terms; (2) as a result, Digimarc would renegotiate the large commercial contract; (3) as a result of the foregoing, Digimarc's subscription revenue and annual recurring revenue would be adversely affected; and (4) as a result of the foregoing, defendants' positive statements about Digimarc's business, operations, and prospects were materially misleading and/or lacked a reasonable basis. When the true details entered the market, the lawsuit claims that investors suffered damages. To join the Digimarc class action, go to or call Phillip Kim, Esq. at 866-767-3653 or email [email protected] for more information. No Class Has Been Certified. Until a class is certified, you are not represented by counsel unless you retain one. You may select counsel of your choice. You may also remain an absent class member and do nothing at this point. An investor's ability to share in any potential future recovery is not dependent upon serving as lead plaintiff. Follow us for updates on LinkedIn: on Twitter: or on Facebook: Attorney Advertising. Prior results do not guarantee a similar outcome. ------------------------------- Contact Information: Laurence Rosen, Esq. Phillip Kim, Esq. The Rosen Law Firm, P.A. 275 Madison Avenue, 40th Floor New York, NY 10016 Tel: (212) 686-1060 Toll Free: (866) 767-3653 Fax: (212) 202-3827 [email protected] To view the source version of this press release, please visit

Associated Press
25 minutes ago
- Associated Press
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Associated Press
25 minutes ago
- Associated Press
Imaginarium Labs Announces Launch of AI-Assisted Visual Writing Platform for Storytellers
Imaginarium Labs announces the launch of its all-in-one writing platform that enhances storytelling through AI-powered structure, visual planning, and creative control. United States, June 7, 2025 -- Imaginarium Launches Comprehensive AI-Enhanced Writing Platform Focused on Visual Story Development Imaginarium Labs has officially announced the release of its AI-assisted visual writing platform, marking a significant innovation in digital storytelling. Designed to transform the traditional writing experience, the new platform introduces a human-centered interface that blends creative autonomy with AI-enhanced planning and narrative structure. The announcement follows a three-year development cycle led by founder Alex Stanin and a focused team of engineers, designers, and AI specialists. Their mission was to build a product that allows storytellers to manage complex narratives, develop immersive worlds, and streamline their creative process—all without compromising artistic integrity. 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The company confirmed that the Imaginarium App is now fully operational and open to the public. The tool includes dedicated modules for fiction authors, screenwriters, and multi-format creators developing content for television or digital media. AI-Assisted Storytelling With Human Control In response to growing debates around AI-generated content, Imaginarium announces its commitment to a writer-first AI model. The platform uses artificial intelligence to offer intelligent suggestions on pacing, dialogue, character consistency, and world logic—but it does not write the story. According to Stanin, the role of AI in Imaginarium is to reduce creative fatigue, not author the work. 'Our mission is simple,' said Stanin. 'We want writers to stay in full control of their narratives. The AI handles structure and repetitive tasks so creators can focus on storytelling.' 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The company has confirmed support for individual creators and collaborative teams, positioning Imaginarium as scalable for studios, co-writers, and development houses managing serialized content or franchise universes. Commitment to Ethical Technology and Creative Empowerment In its public launch announcement, Imaginarium Labs emphasized its ethical approach to artificial intelligence, prioritizing creative integrity over automation. All AI components within the platform are designed to assist rather than dictate, focusing on consistency checks, dialogue flow, and pacing improvements. The platform also distinguishes itself through its visual design philosophy. Story elements are not confined to text blocks or folders but are presented in interconnected maps, timelines, and networks that mirror how many creators think and plan. This approach is intended to foster deeper engagement with story mechanics and narrative cohesion. Strategic Development and Future Vision The company has announced ongoing investment in community engagement and educational resources. Plans include webinars, storytelling forums, interactive tutorials, and mentorship opportunities that connect users to industry professionals. Stanin confirmed that the company is actively gathering feedback from early adopters to inform feature enhancements and roadmap priorities. The goal is to evolve Imaginarium into a central creative hub for writers across mediums and skill levels. The launch announcement also included a call to action for writers looking to join a growing ecosystem committed to elevating their work through thoughtful design and intelligent support tools. About Imaginarium Imaginarium is a next-generation writing platform that merges visual planning, narrative structure, and AI-powered support to assist storytellers across genres and formats. Founded in 2022 by Alex Stanin, Imaginarium's mission is to provide creators with a distraction-free environment that promotes deep storytelling, collaborative development, and intuitive control over complex narratives. The platform is designed to serve novelists, screenwriters, world-builders, and creative teams seeking an integrated solution for story development. Media Contact Name: Alex Stanin Email: [email protected] Title: Founder Contact Info: Name: Alex Stanin Email: Send Email Organization: Imaginarium Website: Release ID: 89161858 Should any problems, inaccuracies, or doubts arise from the content contained within this press release, we kindly request that you inform us immediately by contacting [email protected] (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). 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