Ciena (CIEN) Tops Q2 EPS by 12c

Ciena (NYSE: CIEN) reported Q2 EPS of $0.35, $0.12 better than the analyst estimate of $0.23. Revenue for the quarter came in at $621.6 million versus the consensus estimate of $603.92 million..

"We delivered outstanding second quarter results that, when combined with our strong financial performance during the past several quarters, demonstrate increased operating leverage and sustained momentum in our business," said Gary B. Smith, president and CEO, Ciena. “This performance also reflects our industry-leading ability to deliver open, on-demand, software-driven networks for an increasingly diverse set of customers across the globe.”

Ciena sees Q3 2015 revenue of $610-640 million, versus the consensus of $632.2 million.

For earnings history and earnings-related data on Ciena (CIEN) click here.

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