Ciena Reports Fiscal Third Quarter 2020 Financial Results
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CIENA (CIEN) PT Lowered to $54 at Stifel Following 3Q
September 4, 2020 6:55 AM EDTStifel analyst John Marchetti lowered the price target on CIENA (NYSE: CIEN) to $54.00 (from $61.00) while maintaining a Buy rating following the company's 3Q earnings. Revenue of $977m was in line with estimates. EPS of $1.06 was well above the consensus estimate of $0.83.
Management... More
Ciena (CIEN) CFO: See Restrained Spending Next Few Quarters - Bloomberg
September 3, 2020 8:51 AM EDTCiena (NYSE: CIEN) CFO: See Restrained Spending Next Few Quarters - Bloomberg
Ciena (CIEN) Tops Q3 EPS by 24c, Revenues Beat
September 3, 2020 7:07 AM EDTCiena (NYSE: CIEN) reported Q3 EPS of $1.06, $0.24 better than the analyst estimate of $0.82. Revenue for the quarter came in at $976.7 million versus the consensus estimate of $971.77 million.
Q3 Revenue: $976.7 million, increasing 1.7% year over yearQ3 Net Income per Share: $0.91 GAAP; $1.06 adjusted (non-GAAP), increasing... More