CIENA (CIEN) PT Lifted to $30 at Needham & Company Amid Strong Q2
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CIENA (CIEN) PT, Estimates Raised at MKM Partners on Positive Quarter
June 4, 2015 1:59 PM EDTMKM Partners analyst Michael Genovese reiterated a Buy rating and boosted his price target on CIENA (NYSE: CIEN) to $29.00 (from $27.00) following solid Q2 results.
Genovese commented, "2QFY15 earnings were a good proof point of our positive thesis. We believe the Optical cycle... More
Ciena (CIEN) Tops Q2 EPS by 12c
June 4, 2015 7:01 AM EDTCiena (NYSE: CIEN) reported Q2 EPS of $0.35, $0.12 better than the analyst estimate of $0.23. Revenue for the quarter came in at $621.6 million versus the consensus estimate of $603.92 million..
"We delivered outstanding second quarter results that, when combined with our strong financial performance during the past several... More
