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0.000244458930899618 0.00179269882659724 -0.00081486310299865 -0.00195567144719683 -0.00717079530638849 0.00961538461538467 0.0161342894393742 0.0166232073011735
Stock impact report

CIEN's Q1 Earnings Top, Revenues Up Y/Y on Strong Market Dynamics [Yahoo! Finance]

Ciena Corporation (CIEN) 
Last ciena corporation earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
However, the bottom line declined 3% year over year. Stay up-to-date with all quarterly releases: See Zacks Earnings Calendar. Quarterly total revenues jumped 3.3% year over year to $1,072.3 million, beating the Zacks Consensus Estimate by 2%. Healthy orders momentum from both the cloud and service providers drove the expansion. AI growth is fueling global investment in ultra-fast, scalable networks by service and cloud providers. As businesses increasingly rely on cloud computing, AI-driven applications and data-intensive operations, demand for advanced networking infrastructure is likely to drive Ciena's growth potential in the near term. In the fiscal first quarter, service provider revenues soared 14% year over year, making up about 51% of total revenues. Despite strong financial performance with steady revenue growth, CIEN's shares fell 2.4% in trading and closed at $63.95 on March 11 on the view of probable disruption in the United States and global markets due to the levy Show less Read more
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