Ciena Reports Fiscal Second Quarter 2022 Financial Results

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Go back to Ciena Reports Fiscal Second Quarter 2022 Financial Results

CIENA (CIEN) PT Lowered to $84 at Loop Capital, Remains Bullish, 'Take Advantage of Any Pullback'

June 6, 2022 3:59 AM EDT

Loop Capital analyst Fahad Najem lowered the price target on CIENA (NYSE: CIEN) to $84.00 (from $92.00) while maintaining a Buy rating.

The analyst comments "CIEN reported essentially in-line FY2Q22 revenue but reported disappointing PF EPS and also offered disappointing FY3Q22 guidance. CIEN now expects FY22 revenue growth in MSD vs. its previous outlook of 11... More

Ciena (CIEN) Misses Q2 EPS by 4c

June 2, 2022 7:01 AM EDT

Ciena (NYSE: CIEN) reported Q2 EPS of $0.50, $0.04 worse than the analyst estimate of $0.54. Revenue for the quarter came in at $949.2 million versus the consensus estimate of $953.3 million.

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

... More