Ciena Reports Fiscal First Quarter 2018 Financial Results
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Go back to Ciena Reports Fiscal First Quarter 2018 Financial Results
March 7, 2018 5:28 AM EST
Deutsche Bank raised its price target on CIENA (NYSE: CIEN) to $21.00 (from $20.00) while maintaining a Hold rating following solid Q4 print.
Analyst Vijay Bhagavath said their neutral near-term outlook reflects their fundamental caution on meaningful Q/Q "volatility" in order patterns for CIEN's... More
March 6, 2018 5:22 PM EST
BMO Capital raised its price target on CIENA (NYSE: CIEN) to $32.00 (from $25.00) while maintaining a Outperform rating.
Analyst Tim Long commented, "Ciena posted a strong start to the year, with impressive topline results and better opex control. Management continues to execute well across the... More
March 6, 2018 3:30 PM EST
Stifel raised its price target on CIENA (NYSE: CIEN) to $31.00 (from $28.00) while maintaining a Buy rating.
Analyst Patrick Newton commented, "Ciena reported FY1Q18 (January) earnings before the market open with revenue and pro forma EPS beating our and Street expectations. Revenue was $646.1... More
March 6, 2018 3:24 PM EST
Piper Jaffray raised its price target on CIENA (NYSE: CIEN) to $27.00 (from $22.00) while maintaining a Neutral rating.
Analyst Troy Jensen said the company's technology leadership leads to broad-based growth.
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March 6, 2018 7:01 AM EST
Ciena (NYSE: CIEN) reported Q1 EPS of $0.15, $0.02 better than the analyst estimate of $0.13. Revenue for the quarter came in at $646.1 million versus the consensus estimate of $641.96 million.
For earnings history and earnings-related data on Ciena (CIEN) click here.
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