Ciena (CIEN) Tops Q2 EPS by 13c
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CIENA (CIEN) PT Lowered to $50 at Evercore ISI
June 6, 2023 10:57 AM EDTEvercore ISI analyst Amit Daryanani lowered the price target on CIENA (NYSE: CIEN) to $50.00 (from $57.00) while maintaining a In Line rating.
The analyst comments " Net/Net: We think these pushouts are logical given how extended lead times had gotten. This should... More
Ciena (CIEN) gains as improving supply chain helps boost Q2 earnings
June 6, 2023 7:59 AM EDTTelecommunications firm Ciena (NYSE: CIEN) is trading higher Tuesday as investors reacted positively to the firm's second-quarter earnings release.
The company posted Q2 EPS of $0.74, $0.13 better than the analyst estimate of $0.61, with revenue for the quarter, which increased 19% year-on-year, coming in at $1.13 billion... More
