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Ciena Tumbles on Strong Q3 Results, Guidance (CIEN:NYSE)
Summary by Seeking Alpha
6 Articles
6 Articles
Ciena (CIEN) Stock Jumps 7% After Q3 Earnings Beat and Raised Guidance
TLDR Ciena stock rose 7% in premarket trading to $379.85 after beating Q3 earnings and revenue estimates. Adjusted EPS came in at $2.11, up 215% year-over-year, well above the $1.73 Wall Street expected. Revenue grew 37% to $1.67 billion, topping the $1.64 billion analyst consensus. Ciena raised...
Coverage Details
Total News Sources6
Leaning Left0Leaning Right2Center1Last Updated67% Right
Bias Distribution
- 67% of the sources lean Right
67% Right
C 33%
R 67%
Factuality
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