Ciena Shares Pop After Q3 Earnings Beat, AT&T’s Vyatta Acquisition
Networking company Ciena Corp (NYSE:CIEN) reported third-quarter FY21 revenue growth of 1.2% year-on-year to $988.1 million, beating the analyst consensus of $971.6…
Ciena Q3 Adj. EPS $0.92 Beats $0.79 Estimate, Sales $988.10M Beat $971.56M Estimate
Ciena (NYSE:CIEN) reported quarterly earnings of $0.92 per share which beat the analyst consensus estimate of $0.79 by 16.46 percent. This is a 13.21 percent decrease over earnings of $1.06 per share from the same period
Ciena Reports Purchase Of AT&T’s Vyatta Routing, Switching Technology, No Terms Disclosed
Ciena® Corporation (NYSE:CIEN) has entered into a definitive agreement with AT&T to acquire its Vyatta virtual routing and switching technology.
The acquisition reflects Ciena’s continued investment in its
Earnings Scheduled For September 2, 2021
Companies Reporting Before The Bell
• Navios Maritime Holdings (NYSE:NM) is projected to report earnings for its second quarter.
Ciena Reports Djibouti Telecom Will Leverage Co.’s GeoMesh Extreme Solution To Upgrade Its DARE1 Network, No Terms Disclosed
Djibouti Telecom is leveraging Ciena’s (NYSE:CIEN) GeoMesh Extreme solution to upgrade its DARE1 (Djibouti Africa Regional Express1) network to increase digitization in the East Africa region, which has been widely
Unusual Options Activity Insight: Ciena
Ciena (NYSE:CIEN) shares experienced unusual options activity on Monday. The stock price moved down to $54.12 following the option alert.
Unusual Options Activity Insight: Ciena
On Thursday, shares of Ciena (NYSE:CIEN) saw unusual options activity. After the option alert, the stock price moved down to $56.46.
Unusual Options Activity Insight: Ciena
Shares of Ciena (NYSE:CIEN) saw some unusual options activity on Thursday. Following the unusual option alert, the stock price moved up to $57.16.
Ciena Insights: Return On Capital Employed
Looking at Q2, Ciena (NYSE:CIEN) earned $133.92 million, a 75.98% increase from the preceding quarter. Ciena also posted a total of $833.93 million in sales, a 10.14% increase since Q1. Ciena earned $76.10 million, and sales totaled $757.13 million in Q1.
Return On Capital Employed Overview: Ciena
Looking at Q2, Ciena (NYSE:CIEN) earned $133.92 million, a 75.98% increase from the preceding quarter. Ciena also posted a total of $833.93 million in sales, a 10.14% increase since Q1. Ciena earned $76.10 million, and sales totaled $757.13 million in Q1.