Ciena Reports Fiscal Second Quarter 2017 Financial Results

CIENA (CIEN) PT Raised to $24 at Deutsche Bank Following 2Q

Deutsche Bank raised its price target on CIENA (NYSE: CIEN) to $24.00 (from $23.00) while maintaining a Hold rating. CIEN reported 2Q revenue of... More

CIENA (CIEN) PT Raised to $32.50 at Jefferies Following 2Q

Jefferies raised its price target on CIENA (NYSE: CIEN) to $32.50 (from $29.00) while maintaining a Buy rating. The company's 2Q revenue totaled $707 million versus the Street at $695 million. Non-GAAP EPS totaled $0.45. Street figures called for $0.37.

2017 and 2018 revenue estimates are getting bumped up marginally to $2.825 billion and... More

CIENA (CIEN) PT Raised to $32 at BMO Capital; Reiterates Outperform

BMO Capital raised its price target on CIENA (NYSE: CIEN) to $32.00 (from $30.00) while maintaining a Outperform rating. Ciena reported strong quarter results, with revenues, margins and EPS all topping our expectations and consensus.

3Q revenue guidance of $725 million at the midpoint was above... More

CIENA (CIEN) PT Raised to $32 at Stifel Following 'Beat and Raise'

Stifel raised its price target on CIENA (NYSE: CIEN) to $32.00 (from $28.00) while maintaining a Buy rating following 'beat and raise' results.

Patrick Newton said, "With improving order momentum, what appears to be conservative GM% guidance, geographic breadth, and a number of... More

Ciena (CIEN) Tops Q2 EPS by 8c; Guides Q3 Revs Above at Midpoint

Ciena (NYSE: CIEN) reported Q2 EPS of $0.45, $0.08 better than the analyst estimate of $0.37. Revenue for the quarter came in at $707 million versus the consensus estimate of $695.76 million.

We delivered outstanding second quarter performance across all financial metrics, underpinned by positive market dynamics and a... More