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Tag Archives: ciena

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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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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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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