MKM Partners Say Ciena (CIEN) Weakness is Overdone; Reiterates Buy

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Ciena Reports Fiscal Fourth Quarter 2015 and Year-End Financial Results

December 10, 2015 7:00 AM EST

Delivers 11% adjusted operating margin and $1.31 adjusted EPS for the year

HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), the network specialist, today announced unaudited financial results for its fiscal fourth quarter and year ended October 31, 2015.

For the fiscal fourth quarter 2015, Ciena reported revenue of $692.0 million as compared to $591.0 million for the fiscal fourth quarter 2014. For fiscal year 2015, Ciena... More