Jefferies Views Ciena Corp (CIEN) Valuation as Fair
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Despite Weak Numbers, Ciena Corp. (CIEN) Stock Holds Ground, Concerns Remain
December 14, 2012 11:51 AM ESTYesterday morning, Ciena Corp. (NASDAQ: CIEN) missed estimates for Q4 and guided Q1 below Street estimates. The stock was also downgraded to Underweight by Barclays. Despite this, the stock is holding up fairly well.
"Numbers are down, but the stock is holding... More
BMO Capital Downgrades CIENA (CIEN) to Market Perform
December 14, 2012 6:59 AM ESTBMO Capital downgraded CIENA (NASDAQ: CIEN) from Outperform to Market Perform and cut their price target to $15 from $17 following Q4 results.
For an analyst ratings summary and ratings history on CIENA... More
Barclays Downgrades CIENA (CIEN) to Underweight
December 13, 2012 2:20 PM ESTIntra-day, Barclays downgraded CIENA (NASDAQ: CIEN) from Overweight to Underweight with a price target of $11.00 which following Q4 results and Q1 guidance.
For an analyst ratings summary and ratings history on CIENA... More
Ciena Corp. (CIEN) Posts Q4 Loss of 7c/Share; Guides Q1 Sales
December 13, 2012 7:01 AM ESTCiena Corp. (NASDAQ: CIEN) reported Q4 EPS of ($0.07), $0.01 worse than the analyst estimate of ($0.06). Revenue for the quarter came in at $465.5 million versus the consensus estimate of $468.43 million.
Ciena Corp. sees Q1 2013 revenue of $435-460 million, versus the consensus of $458.61 million. Sees... More
Nomura Comments as Ciena Corp (CIEN) Set to Report Q4
December 12, 2012 9:28 AM ESTCiena Corporation (NASDAQ: CIEN) will announce Q4 results on Thursday, December 13th, before the open. Analysts at Nomura expect Ciena to report Q4 revenue of $471 million and EPS of $(0.05). Their estimates are a touch higher than consensus, but are considered in line with the street ($468M, $(0.06)).... More
