CIENA (CIEN) PT Raised to $53 at Raymond James

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Ciena Reports Fiscal Second Quarter 2019 Financial Results

June 6, 2019 7:00 AM EDT

HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter ended April30, 2019.

Q2 Revenue: $865.0 million, increasing 18.5% year over year Q2 Net Income per Share:$0.33 GAAP; $0.48 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 1.2 million shares of common stock for an aggregate price of $45.4 million during the quarter

"Today we reported very... More