Scalper1 News
Ciena’s (CIEN) fiscal Q1 profit is expected to fall 52% on revenue growth of 18%, with the fiber-optics parts maker’s outlook on telecom capital spending expected to be key when it reports Thursday before the market opens. In December, Ciena missed fiscal Q4 earnings estimates and forecast January-quarter revenue below views, sending the stock down. Shares rose on Feb. 14 when Ciena announced an alliance with network gear maker Ericsson (ERIC). Scalper1 News
Scalper1 News