Ciena Reports Fiscal Fourth Quarter 2018 and Year-End Financial Results
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CIENA (CIEN) PT Raised to $40 at Nomura/Instinet Following 4Q Report
December 14, 2018 7:00 AM ESTNomura/Instinet analyst Jeffrey Kvaal raised the price target on CIENA (NYSE: CIEN) to $40.00 (from $35.00) while maintaining a Buy rating following the company's 4Q earnings report. F4Q sales of $899mn easily beat consensus on solid NA, LatAm. EPS of $0.53 essentially matched consensus of... More
Ciena (CIEN) Reports Q4 EPS of $0.53, Revenues Beat
December 13, 2018 7:01 AM ESTCiena (NYSE: CIEN) reported Q4 EPS of $0.53, versus the consensus of $0.48. Revenue for the quarter came in at $899.4 million versus the consensus estimate of $861.48 million.
Q4 Revenue: $899.4 million, increasing 20.8% year over yearQ4 Net Income per Share: $0.34 GAAP; $0.53 adjusted (non-GAAP)Share... More