CIENA (CIEN) PT Lifted to $30 at Needham & Company Amid Strong Q2

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Ciena Reports Fiscal Second Quarter 2015 Financial Results

June 4, 2015 7:00 AM EDT

Grows revenue 11% year-over-year and delivers 11% adjusted operating margin

HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), the network specialist, today announced unaudited financial results for its fiscal second quarter ended April 30, 2015.

For the fiscal second quarter 2015, Ciena reported revenue of $621.6 million as compared to $560.1 million for the fiscal second quarter 2014.

On the basis of generally accepted accounting principles... More