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Technology Stocks : Ciena (CIEN)
CIEN 195.76+7.0%Nov 5 4:00 PM EST

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From: FJB12/13/2012 7:33:33 AM
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Ciena's quarterly loss widens

Reuters – 15 minutes ago

(Reuters) - Network equipment maker Ciena Corp reported a bigger quarterly loss as revenue from the packet optical-transport and packet-optical switching businesses fell.

Net loss widened to $38.8 million, or 39 cents per share, in the fourth quarter, from $22.3 million, or 23 cents per share, a year earlier.

Revenue rose 2 percent to $465.5 million.
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