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The Latest Breaking News from Ciena

Benzinga's Top Ratings Upgrades, Downgrades For June 3, 2022

Where Ciena Stands With Analysts

Where Ciena Stands With Analysts

Over the past 3 months, 10 analysts have published their opinion on Ciena (NYSE:CIEN) stock. These analysts are typically employed by large Wall Street banks and tasked with understanding a company's business to predict how a stock will trade over the upcoming year.

Why Ciena Stock Is Trading Lower Today

Why Ciena Stock Is Trading Lower Today

Ciena Corp (NYSE: CIEN) shares are trading lower Thursday after the company reported worse-than-expected financial results.

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Ciena Shares Drop On Q2 Miss; Clocks 14% Revenue Growth Aided By Order Flow, Backlog

Ciena Corp (NYSE:CIEN) reported second-quarter FY22 revenue growth of 13.8% year-on-year to $949.2 million, missing the consensus of $950.8 million. Segments: Total Networking Platforms revenue rose by 15.3% Y/Y to $734.5 million, and Total Global Services increased 10.9% Y/Y to $128.7 million. Margins: The adjusted gross margin contracted 620 bps to 43% as costs surged…

Ciena: Q2 Earnings Insights

Ciena (NYSE:CIEN) reported its Q2 earnings results on Thursday, June 2, 2022 at 07:00 AM. Here's what investors need to know about the announcement. Earnings Ciena missed estimated earnings by 7.41%, reporting an EPS of $0.5 versus an estimate of $0.54.

Earnings Outlook For Ciena

Ciena (NYSE:CIEN) is set to give its latest quarterly earnings report on Thursday, 2022-06-02. Here's what investors need to know before the announcement. Analysts estimate that Ciena will report an earnings per share (EPS) of $0.54.

Twitter And 3 Other Stocks Insiders Are Selling

Gold futures traded lower on Friday, dropping around 0.7%. Investors, meanwhile, focused on some notable insider trades.

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What 5 Analyst Ratings Have To Say About Ciena

What 5 Analyst Ratings Have To Say About Ciena

Within the last quarter, Ciena (NYSE:CIEN) has observed the following analyst ratings:

Benzinga's Top Ratings Upgrades, Downgrades For April 5, 2022

Benzinga's Top Ratings Upgrades, Downgrades For April 5, 2022

Benzinga's Top Ratings Upgrades, Downgrades For March 24, 2022

Benzinga's Top Ratings Upgrades, Downgrades For March 24, 2022

What 7 Analyst Ratings Have To Say About Ciena

What 7 Analyst Ratings Have To Say About Ciena

Ciena (NYSE:CIEN) has observed the following analyst ratings within the last quarter:

10 Biggest Price Target Changes For Tuesday

10 Biggest Price Target Changes For Tuesday

Raymond James cut the price target on Ciena Corporation (NYSE: CIEN) from $80 to $75. Ciena shares fell 10.9% to close at $58.76 on Monday.

Why Ciena Shares Are Falling Today

Why Ciena Shares Are Falling Today

Ciena Corp (NYSE:CIEN) reported first-quarter FY22 revenue growth of 11.5% year-on-year to $844.4 million, missing the consensus of $856.85 million. Segments: Total Networking Platforms revenue rose by 8.7% Y/Y to $626.6 million, and Total Global Services increased 8.9% Y/Y to $123.8 million. Margins: The adjusted gross margin contracted 180 bps to 46.2% as costs surged…

Ciena Earnings Preview

Ciena Earnings Preview

Ciena (NYSE:CIEN) is set to give its latest quarterly earnings report on Monday, 2022-03-07. Here's what investors need to know before the announcement. Analysts estimate that Ciena will report an earnings per share (EPS) of $0.45.

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