SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ciena (CIEN) -- Ignore unavailable to you. Want to Upgrade?


To: Woody_Nickels who wrote (12477)5/3/2010 12:39:13 AM
From: FJB1 Recommendation  Respond to of 12623
 
I'm hopeful they have results similar to Tellabs excluding the Nortel part of the business.



To: Woody_Nickels who wrote (12477)6/9/2010 7:39:56 AM
From: FJB1 Recommendation  Respond to of 12623
 
Ciena net loss narrows; Q3 sales target beats view

June 9, 2010, 7:16 a.m. EDT

NEW YORK (MarketWatch) -- Ciena Corp. (NASDAQ:CIEN) said Wednesday its second-quarter loss narrowed to $90 million, or 97 cents a share, from $503.2 million, or $5.53 a share, in the year-ago period. Its adjusted net loss for the latest period totaled 13 cents a a share. Revenue nearly doubled to $206.4 million, from $119 million. Wall Street analysts expected Ciena to report a loss of 25 cents a share, on revenue of %255.5 million, according to a survey by FactSet Research. Looking ahead, Ciena said it expects third-quarter revenue of $375 million to $400 million, ahead of the Wall Street target of $337 million.