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Top calls today are Ciena, Corteva and VF Corp.
Ciena (CIEN) and Toshiba partner to showcase quantum secure communication platform at OFC Conference 2024.
Ciena Co. NYSE: CIEN is a leading network and optical communications solutions provider based out of Hanover, MD. The computer and technology sector leader has been around since the dawn of the internet and its broadband evolution.
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Ciena's (CIEN) fiscal first-quarter performance is affected by the macroeconomic concerns that are causing lower-than-expected order volumes from service providers in several overseas geographies.
Ciena beat expectations on sales and earnings for its fiscal Q1. Earnings declined year over year, mostly due to higher interest expenses.
Ciena Corporation (NYSE:CIEN ) Q1 2024 Earnings Conference Call March 7, 2024 8:30 AM ET Company Participants Gregg Lampf - VP, IR Gary B. Smith - President and CEO James E.
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The company said service providers are taking longer than expected to work through inventory.
Ciena (CIEN) came out with quarterly earnings of $0.66 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to earnings of $0.64 per share a year ago.