Ciena Reports Fiscal Third Quarter 2015 Financial Results
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MKM Partners Reiterates Buy on Ciena (CIEN) Following 3Q EPS Beat
September 4, 2015 11:32 AM EDTMKM Partners reiterated a Buy rating and $29.00 price target on CIENA (NYSE: CIEN) following the company's 3Q15 earnings results. Revenues came in at $603mn, missing consensus' $629.6M. EPS was reported at $0.37 beating $0.34 consensus.
Analyst Michael Genovese commented, "The Ciena... More
Needham & Company Remain Bullish on Ciena (CIEN) Following Earnings Release
September 3, 2015 4:28 PM EDTNeedham & Company reiterated a Buy rating and $30.00 price target on CIENA (NYSE: CIEN) following the company's 3Q15 earnings results.
Analyst Alex Henderson commented, "Ciena shares are down modestly post the earnings release and conference call. The primary reason for the stock... More
Ciena (CIEN) Appoints New COO
September 3, 2015 7:03 AM EDTCiena (NYSE: CIEN) announced that François Locoh-Donou has been appointed senior vice president and chief operating officer, effective November 1, 2015, reporting directly to President and CEO Gary B. Smith. Locoh-Donou has served as senior vice president of Cienas Global Products Group since August 2011.
In this new position, Locoh-Donou will assume responsibility for Cienas Global Field Organization, including the global sales... More
Ciena (CIEN) Tops Q3 EPS by 3c
September 3, 2015 7:01 AM EDTCiena (NYSE: CIEN) reported Q3 EPS of $0.37, $0.03 better than the analyst estimate of $0.34. Revenue for the quarter came in at $602.9 million versus the consensus estimate of $629.6 million.
Ciena sees Q4 2016 revenue of $665-700 million, versus the consensus of $662.8 million.
For earnings history and earnings-related data on Ciena (CIEN) click here.
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