Ciena Corp. shares slide after earnings miss [MarketWatch]
Ciena Corporation (CIEN)
Last ciena corporation earnings: 3/5 07:00 am
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Source: MarketWatch
Ciena Corp. shares slide after earnings miss Ciena Corp. CIEN, +2.08% shares slid 3.4% in Thursday premarket trading after the networking systems and software company reported fiscal fourth-quarter earnings that missed expectations. Net income totaled $80.3 million, or 51 cents per share, up from 64.0 million, or 34 cents per share, last year. Adjusted EPS of 58 cents missed the 63-cent FactSet consensus. Revenue of $968.0 million was up from $899.4 million last year and ahead of the $964.0 million FactSet outlook. Ciena stock has gained 10.2% over the last 12 months while the S&P 500 index SPX, +0.29% is up 18.5% for the period.
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CIEN
News
- Harmonic rises as activist investor pushes for sale [Yahoo! Finance]Yahoo! Finance
- Ciena Corporation (CIEN) Rose on Improved Demand [Yahoo! Finance]Yahoo! Finance
- Ciena Announces Reporting Date and Web Broadcast for Fiscal Fourth Quarter and Year End 2024 ResultsBusiness Wire
- euNetworks First to Deploy 1.6 Tb/s Coherent Solution in Europe with Ciena’s WaveLogic 6 ExtremeBusiness Wire
- Private 5G Network Market Report and Competitive Intelligence 2024, including Companies' Market Shares, Recent M&A Activity and Venture Funding [Yahoo! Finance]Yahoo! Finance
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