Ciena Reports Fiscal Second Quarter 2020 Financial Results

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CIENA (CIEN) PT Raised to $73 at Cowen

June 5, 2020 8:31 AM EDT

Cowen analyst Paul Silverstein raised the price target on CIENA (NYSE: CIEN) to $73.00 (from $69.00) while maintaining a Outperform rating. All key underlying drivers remain intact. But margin progression and EPS are tracking well ahead and above investor expectations. Soft FY3Q20 and FY20... More

Ciena (CIEN) Tops Q2 EPS by 27c

June 4, 2020 7:01 AM EDT

Ciena (NYSE: CIEN) reported Q2 EPS of $0.76, $0.27 better than the analyst estimate of $0.49. Revenue for the quarter came in at $894.1 million versus the consensus estimate of $881.53 million.

For earnings history and earnings-related data on Ciena (CIEN) click here.

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