Ciena (CIEN) Tops Q4 EPS by 6c

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Go back to Ciena (CIEN) Tops Q4 EPS by 6c

Ciena (CIEN) gains as Q4 revenue surges 21% on cloud strength

December 7, 2023 8:08 AM EST

(Updated - December 7, 2023 8:08 AM EST)

Shares of Ciena (NYSE: CIEN) rose 2.6% in early trading Thursday following better-than-expected fourth quarter results, citing strength from cloud customers.

Revenue for the networking company rose 21% to $1.13 billion, which eclipsed the consensus of $1.1 billion. Meanwhile, adjusted... More