Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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 : Finisar - FNSR -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (396)

6/3/2012 1:42:26 PM

From: Kirk ©

Respond to of 509

5/31/2012 9:17:53 PM

From Briefing.com: 4:30 pm : Message 28180148 7:07AM Ciena beats by $0.07, beats on revs; guides Q3 revs in-line (CIEN) 11.88 : Reports Q2 (Apr) earnings of $0.04 per share, $0.07 better than the Capital IQ Consensus Estimate of ($0.03); revenues rose 14.3% year/year to $477.6 mln vs the $446.7 mln consensus. Co issues in-line guidance for Q3, sees Q3 revs of $455-485 mln vs. $472.40 mln Capital IQ Consensus Estimate. "Our second quarter was highlighted by strong revenue growth and positive overall operating performance, which demonstrated our ability to deliver operating leverage..We remain confident that we are well positioned for future growth and continue to expect our second half operating results to be stronger than the first half." Co sees Q3 Adjusted (non-GAAP) gross margin of approximately 40 percent.