Ciena Corp., of Hanover, a manufacturer of fiber-optic networking equipment, reported quarterly earnings almost double the forecasts of Wall Street analysts.
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Read More »March 6, 2014 Comments Off on Ciena’s first quarter beats Wall St.
Ciena Corp., of Hanover, a manufacturer of fiber-optic networking equipment, reported quarterly earnings almost double the forecasts of Wall Street analysts.
Tagged with: breaking news business news ciena hanover
Read More »September 4, 2013 Comments Off on Ciena 3Q loss narrows, results top Street view
Ciena, a developer of high-speed networking technology, said Wednesday that its fiscal third-quarter loss narrowed as it posted double-digit revenue growth and its restructuring costs declined. The company’s adjusted earnings and its revenue beat analysts’ estimates. Its stock surged in ...
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Read More »June 8, 2011 Comments Off on Ciena stock dives after disappointing 2Q results
Shares of network equipment maker Ciena Corp. fell sharply Wednesday after it reported a larger loss and lower revenue than Wall Street expected, coupled with a disappointing forecast for the current quarter. The shares fell $3.92, or nearly 16.2 percent, ...
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Read More »March 7, 2011 Comments Off on Ciena’s shares fall 11 percent after earnings miss estimates
Shares of Ciena Corp. fell nearly 10 percent Monday after the communications equipment provider said it posted a $79.1 million loss in the first quarter. The Linthicum-based company’s shares lost $2.83, or 9.8 percent, to close at $25.98 in Nasdaq ...
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Read More »December 9, 2010 Comments Off on Ciena posts loss despite revenue hike
Communications equipment maker Ciena Corp. said Thursday revenue jumped 7 percent in its fiscal fourth quarter, but that was not enough to keep the company from posting a loss of $80.3 million. Despite the news, the Linthicum-based company’s shares gained ...
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