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0 0.000225275963054697 0.00585717503942325 0.000901103852218949 -0.0112637981527371 -0.0202748366749268 -0.0425794097769767 -0.0575580085604866
Stock impact report

Ciena's stock surges after profit, revenue rise above expectations [MarketWatch]

Ciena Corporation (CIEN) 
Last ciena corporation earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: MarketWatch
Shares of Ciena Corp. surged 5.7% in premarket trading Thursday, after the optical networking company reported fiscal first-quarter profit and revenue that beat expectations. Net income for the quarter to Jan. 31 rose to $62.3 million, or 40 cents a share, from $33.6 million, or 21 cents a share, in the year ago period. Excluding non-recurring items, adjusted earnings per share grew to 52 cents from 33 cents, well above the FactSet consensus of 38 cents. Revenue increased 7% to $832.9 million, topping the FactSet consensus of $819.6 million. The stock has run up 14.7% over the past three months through Wednesday, while the S&P 500 has edged up 0.4%. Show less Read more
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