Ciena (CIEN) reported fiscal third-quarter earnings that significantly beat analyst expectations, with adjusted earnings per share surging 215% to $2.11 and revenue accelerating 37% year-over-year to $1.67 billion. This marks the fourth consecutive quarter of growth for the optical communications equipment maker, driven primarily by...
Ciena (CIEN) reported fiscal third-quarter earnings that significantly beat analyst expectations, with adjusted earnings per share surging 215% to $2.11 and revenue accelerating 37% year-over-year to $1.67 billion. This marks the fourth consecutive quarter of growth for the optical communications gear maker, driven primarily by...
Ciena Corporation (CIEN) shares fell 4.8% on September 1, 2026, driven by a fresh analyst price-target cut and broader weakness in the technology sector. B. Riley Securities lowered its price target for Ciena to $413 from $516 while maintaining a Neutral rating ahead of the...
Ciena Corporation (CIEN) shares fell 4.8% on September 1, 2026, driven by a fresh analyst price-target cut from B. Riley Securities and broader weakness in the technology sector. The sell-off occurred just before the company is scheduled to release its fiscal third-quarter 2026 earnings report...
Ardmore Road Asset Management LP increased its stake in Ciena Corporation (NYSE:CIEN) by purchasing 91,000 shares in the first quarter, valuing the acquisition at approximately $35.3 million. This purchase represents 2.3% of Ardmore Road's portfolio, making CIEN the firm's 11th largest position. Other institutional investors...
