Ciena's stock surges after profit and revenue rise, beat expectations [MarketWatch]
Ciena Corporation (CIEN)
Last ciena corporation earnings: 3/5 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
ciena2017ir.q4web.com/financials/default.aspx
Company Research
Source: MarketWatch
Ciena's stock surges after profit and revenue rise, beat expectations Shares of Ciena Corp. CIEN, +1.15% shot up 8.6% in premarket trading Thursday, after the optical networking company reported fiscal third-quarter profit and revenue that rose above expectations, and provided an upbeat full-year outlook. Net income for the quarter to July 31 rose to $86.7 million, or 55 cents a share, from $50.8 million, or 34 cents a share, in the year-ago period. Excluding non-recurring items, adjusted EPS was 71 cents, above the FactSet consensus of 58 cents. Total revenue increased 17.3% to $960.6 million, beating the FactSet consensus of $932.5 million, as total networking platforms revenue grew 17.5% to $796.1 million to top expectations of $753.2 million. Gross margin improved to 44.2% from 42.9%. "Looking ahead, fiscal 2019 will be an extraordinary year for Ciena, including substantial revenue growth and increased profitability," said Chief Executive Gary Smith. The stock has rallied 14.8%
Show less
Read more
Impact Snapshot
Event Time:
CIEN
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CIEN alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CIEN alerts
High impacting Ciena Corporation news events
Weekly update
A roundup of the hottest topics
CIEN
News
- Ciena Corporation (CIEN) Has Emerged as a High-Growth, Key Infrastructure Winner in the AI Era. Here' Why [Yahoo! Finance]Yahoo! Finance
- Ciena: A Stock To Benefit From AI Infrastructure Buildout [Seeking Alpha]Seeking Alpha
- Best Growth Stocks to Buy for Jan. 13 [Yahoo! Finance]Yahoo! Finance
- Best Growth Stocks to Buy for January 9th [Yahoo! Finance]Yahoo! Finance
- Ciena Corporation (CIEN) is Trading Close to 52-Week High [Yahoo! Finance]Yahoo! Finance
CIEN
Earnings
- 12/11/25 - Beat
CIEN
Sec Filings
- 1/16/26 - Form 4
- 1/15/26 - Form 144
- 1/15/26 - Form 144
- CIEN's page on the SEC website