Ciena (CIEN) Tops Q3 EPS by 13c

Ciena (NYSE: CIEN) reported Q3 EPS of $0.92, $0.13 better than the analyst estimate of $0.79. Revenue for the quarter came in at $988.1 million versus the consensus estimate of $971.56 million.

“We delivered outstanding fiscal third quarter results that reflect continued momentum in our business as well as our differentiated position in the market,” said Gary Smith, president and CEO of Ciena. “These results combined with a robust demand environment give us confidence that we will deliver our expected strong second half performance.”

For earnings history and earnings-related data on Ciena (CIEN) click here.

You May Also Be Interested In

• SanDisk and Micron surge as Apple confirms memory price pass-through
• Evercore ISI Starts Credo Tech (CRDO) at Outperform
• Goldman Sachs Double Upgrades Bradsaude SA (SAUD3:BZ) to Buy