Ciena Q3 Adj. EPS $2.11 Beats $1.73 Estimate, Sales $1.671B Beat $1.633B Estimate
Ciena (NYSE:CIEN) reported quarterly earnings of $2.11 per share which beat the analyst consensus estimate of $1.73 by 21.97 percent. This is a 214.93 percent increase over earnings of $0.67 per share from the same
Ciena made more money than experts predicted—they earned $2.11 per share when people guessed $1.73, and sold more stuff too. When a company beats expectations, it shows the business is running better than people thought, which is worth noticing.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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