Ciena Blows Out Earnings Views As Non-AT&T Business Grows

By | June 4, 2015

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Ciena (CIEN) reported fiscal Q2 profit and revenue that topped views as the fiber-optic parts maker’s non-AT&T U.S. business rose 22%. Ciena’s stock rose 1.6% to 24.83 in the stock market today. Intraday, the stock hit 25.48, the highest since March 2014. Ciena earned 35 cents per share, excluding one-time items, up from 17 cents in the year-earlier period. Fiscal Q2 revenue rose 11% to $621 million, Ciena said. That followed little change in the Scalper1 News

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