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To: The Ox who wrote (3449)	6/5/2014 11:18:44 AM
From: The Ox	of 8283

247wallst.com Ciena Corp. ( NYSE: CIEN) reported second-quarter fiscal 2014 results before markets opened Thursday. The network equipment maker reported adjusted diluted earnings per share (EPS) of $0.17 and $560.0 million in revenues. In the same period a year ago, the company reported EPS of $0.02 on revenue of $507.7 million. Second- quarter results also compare to the Thomson Reuters consensus estimates for EPS of $0.13 and $559.18 million in revenue. Ciena’s outlook for the third quarter includes revenue in the range of $585 million to $615 million. Adjusted gross margin is forecast in the low- to mid-40% range, and adjusted operating expenses are forecast at approximately $210 million. The consensus estimates for the third quarter call for EPS of $0.27 on revenues of $583.31 million.

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