Ciena Reports Fiscal Second Quarter 2022 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/22/2026
- Wall St indexes advance with boost from chips, Iran optimism
- Intel soars after Trump says Apple agreed to work with chipmaker on US production
- Apple CEO warns price hikes 'unavoidable' as chip costs bite - WSJ
- Wall Street scrambles to lift Micron price targets ahead of earnings
- SanDisk and Micron surge as Apple confirms memory price pass-through
- Zelenskiy: best guarantee of Europe's future is fast-track EU membership for Ukraine
- Needham Starts NeoVolta (NEOV) at Buy
- CoreWeave trains DeepSeek-V3 in two minutes in MLPerf benchmark
- Companies to add 40 million barrels of oil to US SPR after Iran war ends, energy secretary says
- Sanuwave cuts Q2 2026 revenue guidance amid Ultramist sales pressure
CIENA (CIEN) PT Lowered to $84 at Loop Capital, Remains Bullish, 'Take Advantage of Any Pullback'
June 6, 2022 3:59 AM EDTLoop Capital analyst Fahad Najem lowered the price target on CIENA (NYSE: CIEN) to $84.00 (from $92.00) while maintaining a Buy rating.
The analyst comments "CIEN reported essentially in-line FY2Q22 revenue but reported disappointing PF EPS and also offered disappointing FY3Q22 guidance. CIEN now expects FY22 revenue growth in MSD vs. its previous outlook of 11... More
Ciena (CIEN) Misses Q2 EPS by 4c
June 2, 2022 7:01 AM EDTCiena (NYSE: CIEN) reported Q2 EPS of $0.50, $0.04 worse than the analyst estimate of $0.54. Revenue for the quarter came in at $949.2 million versus the consensus estimate of $953.3 million.
For earnings history and earnings-related data on Ciena (CIEN) click here.
... More