Ciena Reports Fiscal Third Quarter 2022 Financial Results
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CIENA (CIEN) PT Lowered to $65 at Rosenblatt
September 2, 2022 7:17 AM EDTRosenblatt analyst Mike Genovese lowered the price target on CIENA (NYSE: CIEN) to $65.00 (from $70.00) while maintaining a Buy rating.
The analyst commented, "Ciena missed 3QFY22 revenues and GMs and guided 4QFY22 significantly below expectations due to the shortage of a few key... More
CIENA (CIEN) PT Lowered to $70 at Needham & Company
September 1, 2022 4:53 PM EDTNeedham & Company analyst Alex Henderson lowered the price target on CIENA (NYSE: CIEN) to $70.00 (from $88.00) while maintaining a Buy rating following earnings.
The analyst commented, "Supply chain not demand hurt Ciena's print and FY4Q guide. Ciena posted a... More
Ciena (CIEN) Misses Q3 EPS by 1c
September 1, 2022 7:02 AM EDTCiena (NYSE: CIEN) reported Q3 EPS of $0.33, $0.01 worse than the analyst estimate of $0.34. Revenue for the quarter came in at $868 million versus the consensus estimate of $904.67 million.
For earnings history and earnings-related data on Ciena (CIEN) click here.
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