Ciena (CIEN) Bullish View Maintained at Needham & Company Post Q1

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Ciena (CIEN) Tops Q1 EPS by 9c, Sales Miss

March 5, 2015 7:04 AM EST

Ciena (NYSE: CIEN) reported Q1 EPS of $0.12, $0.09 better than the analyst estimate of $0.03. Revenue for the quarter came in at $529.2 million versus the consensus estimate of $558.78 million.

Ciena sees Q1 2015 revenue of $585-615 million, versus the consensus of $591.17 million.

Our first quarter performance is... More