Ciena's stock surges after profit, revenue rise above expectations [MarketWatch]
Ciena Corporation (CIEN)
Last ciena corporation earnings: 3/5 07:00 am
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US:NASDAQ Investor Relations:
ciena2017ir.q4web.com/financials/default.aspx
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Source: MarketWatch
Shares of Ciena Corp. surged 5.7% in premarket trading Thursday, after the optical networking company reported fiscal first-quarter profit and revenue that beat expectations. Net income for the quarter to Jan. 31 rose to $62.3 million, or 40 cents a share, from $33.6 million, or 21 cents a share, in the year ago period. Excluding non-recurring items, adjusted earnings per share grew to 52 cents from 33 cents, well above the FactSet consensus of 38 cents. Revenue increased 7% to $832.9 million, topping the FactSet consensus of $819.6 million. The stock has run up 14.7% over the past three months through Wednesday, while the S&P 500 has edged up 0.4%.
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CIEN
News
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CIEN
Earnings
- 9/4/24 - Beat
CIEN
Sec Filings
- 11/19/24 - Form 4
- 11/19/24 - Form 4
- 11/15/24 - Form 144
- CIEN's page on the SEC website