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U.S. stocks traded mostly lower toward the end of trading, with the Dow Jones falling around 0.1% points on Thursday.
Ciena (CIEN) shares tumbled nearly 14% Thursday after the networking systems company's fiscal second-quarter profit fell short of analysts' estimates.
Ciena (CIEN -13.19%) stock is sinking in Thursday's trading after the company published its latest quarterly results. The optical technologies and software specialist's share price is down 12.2% as of 12:15 p.m.
Ciena Corporation (NYSE:CIEN ) Q2 2025 Earnings Conference Call June 5, 2025 8:30 AM ET Company Participants Gary B. Smith - CEO, President & Director Gregg M.
While the top- and bottom-line numbers for Ciena (CIEN) give a sense of how the business performed in the quarter ended April 2025, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Ciena (CIEN) came out with quarterly earnings of $0.42 per share, missing the Zacks Consensus Estimate of $0.52 per share. This compares to earnings of $0.27 per share a year ago.
The networking-equipment company misses earnings expectations for its fiscal second quarter.
The maker of optical networking gear reported 55% EPS growth in Q2 with sales up 24%.
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation, a networking systems, services and software company, today announced financial results for its fiscal second quarter.
Rosenblatt analyst Mike Genovese is questioning how successful Ciena CIEN will be over the next one to five years, taking on companies like Marvell Technology MRVL and Broadcom Inc AVGO.