Europe Miss Reset's Ciena (CIEN) Shares, Maintain Buy - Needham & Company
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Ciena (CIEN) Expectations Reset Again - Jefferies
March 4, 2016 7:52 AM ESTJefferies said the best part of Ciena's (NYSE: CIEN) quarter is that current expectations finally seem low enough. Usually not a good sign but with a big Verizon project beginning to contribute later in the year, PiperJaffray analyst, George Notter believes things could get better for the company quickly. He believes that at 10.1x 2017 EPS (and 6.2x EV / 2017E EBITDA), theres a lot... More
Ciena (CIEN) Tops Q1 EPS by 4c; Guides Q2 Revenue Midpoint Below Views
March 3, 2016 7:01 AM ESTCiena (NYSE: CIEN) reported Q1 EPS of $0.18, $0.04 better than the analyst estimate of $0.14. Revenue for the quarter came in at $573.1 million versus the consensus estimate of $576.3 million.
GUIDANCE:
Ciena sees Q2 2016 revenue of $615 - $645 million, versus the consensus of $644.6... More
