Friday, March 4, 2016

Ciena Corp. (CIEN) Dropped On Disappointing Q2 Forecast

Ciena Corp. (CIEN) reported first quarter EPS of $0.18 Thursday morning, up from $0.12 in the previous year. Revenue rose 8.3% to $573.12 million from $529.16 million last year. The consensus estimates were for EPS of $0.14 and revenues of $576.3 million.

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