Ciena expecting adverse impact from virus in Q2 [Seeking Alpha]
Moxian, Inc. (MOXC)
NASDAQ:AMEX Investor Relations:
moxian.com/corporategovernance_en.html
Company Research
Source: Seeking Alpha
Tech | On the Move Ciena expecting adverse impact from virus in Q2 Mar. 11, 2020 3:11 PM ET Ciena Corporation (CIEN) Jason Aycock In its newly filed 10-Q report -5% "We are monitoring the situation and actively assessing further possible implications to our business, supply chain and customer demand. However, the coronavirus situation remains dynamic," the company says. If adverse effects of the virus become more prevalent in locations where Ciena, customers, suppliers or manufacturers conduct business, the company might experience constrained supply or curtailed demand that would provide material impacts in future periods, it says. It expects the virus to impact Q2 revenue by $30M, forecasting $875M-$905M. On the conference call from its fiscal Q1 report See all stocks on the move » Now read: Moxian and ClearOne among Tech gainers; Sonim Technologies and RealNetworks among losers »
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