Ciena Reports Fiscal Third Quarter 2017 Financial Results

Go back to Ciena Reports Fiscal Third Quarter 2017 Financial Results

CIENA (CIEN) PT Lowered to $29 at UBS Following 3Q

September 1, 2017 8:50 AM EDT

UBS lowered its price target on CIENA (NYSE: CIEN) to $29.00 (from $31.00) while maintaining a Buy rating following the company's 3Q earnings report. Ciena slightly beat F3Q/17 consensus expectations but the stock traded down 8% off a 5% miss in F4Q/17 revenue... More

CIENA (CIEN) PT Lowered to $22 at Deutsche Bank Following 3Q

September 1, 2017 7:35 AM EDT

Deutsche Bank lowered its price target on CIENA (NYSE: CIEN) to $22.00 (from $24.00) while maintaining a Hold rating following the company's 3Q earnings report. CIEN reported EPS of $0.51. coming in ahead of the consensus estimate of $0.49. Revenues of $728.7M compared to $726.8M... More

Ciena (CIEN) Tops Q3 EPS by 2c, Q4 Revenue Guidance Comes in Light

August 31, 2017 7:01 AM EDT

Ciena (NYSE: CIEN) reported Q3 EPS of $0.51, $0.02 better than the analyst estimate of $0.49. Revenue for the quarter came in at $728.7 million versus the consensus estimate of $726.84 million.

GUIDANCE:

Ciena sees Q4 2017 revenue of $720-750 million, versus the consensus of $770.4... More