Infinera Message Board - Msg: 31639103

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Technology Stocks : Infinera

INFN 6.640

0.0%

Feb 28 4:00 PM EST

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From: FJB	6/1/2018 11:43:10 AM
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CIEN reported yesterday. Their PRICE WAR is having a negative affect on their gross margins and bottom line. Notice how their CEO stays positive even when they miss estimates, and their margins are declining. They are currently trading unchanged. INFN would lose 25% with this kind of miss. ------------------------------------------------------------------------- Ciena's (CIEN) Q2 Earnings Miss Estimates, Revenues Beat finance.yahoo.com Ciena CEO Smith Not Sweating the Lower Margins Barrons.com•May 31, 2018 Earlier today I had a chance to talk with the chief executive of fiber-optic technology vendor Ciena (CIEN), Gary Smith, by phone, following the company’s report this morning of fiscal Q2 results that have pushed the stock down by $1, or 4%, to $23.06. While revenue topped analysts’ expectations, profit per share came in lower than expected, as gross profit margin declined. finance.yahoo.com

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