Ciena (CIEN) Surpasses Q3 Earnings and Revenue Estimates
CIENCiena(CIEN) ZACKS·2024-09-04 21:16

Ciena (CIEN) came out with quarterly earnings of 0.35pershare,beatingtheZacksConsensusEstimateof0.35 per share, beating the Zacks Consensus Estimate of 0.26 per share. This compares to earnings of 0.59pershareayearago.Thesefiguresareadjustedfornon−recurringitems.Thisquarterlyreportrepresentsanearningssurpriseof34.620.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 34.62%. A quarter ago, it was expected that this developer of high-speed networking technology would post earnings of 0.15 per share when it actually produced earnings of $0.27, delivering a surprise of 80%.Over the last fo ...