Ciena Stock Tumbles
Ciena Q4 Earnings: Profit Misses Expectations, Margins Decline, Names New Chair
Ciena Corp (NYSE:CIEN) reported a fiscal fourth-quarter 2024 revenue decline of 0.5% year-on-year to $1.124 billion, beating the analyst consensus estimate of $1.104 billion. The American telecommunications networking equipment and software services supplier reported adjusted EPS of $0.
Analysts expect the Hanover, Maryland-based retailer to report quarterly earnings at 65 cents per share, down from 75 cents ...
Ciena® Corporation (NYSE: CIEN) announced the appointment of Lawton W. Fitt as independent Chair of Ciena's Board of Directors, effective1, 2024. Concurrently, Patrick H. Nettles, Ph.D., stepped down ...
HANOVER, Md. (AP) — HANOVER, Md. (AP) — Ciena Corp. (CIEN) on Thursday reported fiscal fourth-quarter earnings of $37 million. The Hanover, Maryland-based company said it had profit of 25 cents per ...
Ciena posted a decline in revenue and net income in its latest quarter. The networking-systems and software company logged net income of $37 million, or 25 cents a share, for the fourth quarter ended ...
Ciena Corporation reported a slight decrease in revenue for Q4 2024, with a net income drop from the previous year.
Coca-Cola (NYSE: KO) stock rose 0.9% and PepsiCo (NASDAQ: PEP) stock gained 0.7% after Deutsche Bank upgraded its stance on ...
Stifel raised the firm’s price target on Ciena (CIEN) to $82 from $75 and keeps a Buy rating on the shares. Ahead of the company’s fiscal Q4 ...
Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal fourth quarter ended ...
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