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Ciena Q1 Adj. EPS $0.52 Beats $0.38 Estimate, Sales $832.9M Beat $819.79M Estimate

Ciena (NYSE:CIEN) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.38 by 36.84 percent. This is a 57.58 percent increase over earnings of $0.33 per share from the same period

Benzinga · 03/05/2020 12:02

Ciena (NYSE:CIEN) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.38 by 36.84 percent. This is a 57.58 percent increase over earnings of $0.33 per share from the same period last year. The company reported quarterly sales of $832.9 million which beat the analyst consensus estimate of $819.79 million by 1.60 percent. This is a 6.98 percent increase over sales of $778.527 million the same period last year.