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The Latest Breaking News from Ciena

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.

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

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: 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.

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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.

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

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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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