Ciena (CIEN) Tops Q3 EPS by 3c
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September 4, 2015 11:32 AM EDT
MKM Partners reiterated a Buy rating and $29.00 price target on CIENA (NYSE: CIEN) following the company's 3Q15 earnings results. Revenues came in at $603mn, missing consensus' $629.6M. EPS was reported at $0.37 beating $0.34 consensus.
Analyst Michael Genovese commented, "The Ciena... More
September 3, 2015 4:28 PM EDT
Needham & Company reiterated a Buy rating and $30.00 price target on CIENA (NYSE: CIEN) following the company's 3Q15 earnings results.
Analyst Alex Henderson commented, "Ciena shares are down modestly post the earnings release and conference call. The primary reason for the stock... More
September 3, 2015 7:03 AM EDT
Ciena (NYSE: CIEN) announced that François Locoh-Donou has been appointed senior vice president and chief operating officer, effective November 1, 2015, reporting directly to President and CEO Gary B. Smith. Locoh-Donou has served as senior vice president of Cienas Global Products Group since August 2011.
In this new position, Locoh-Donou will assume responsibility for Cienas Global Field Organization, including the global sales... More
