Ciena (CIEN) reported earnings Thur 3 March 2016 (b/o)

** charts before earnings **

 

** charts after earnings **

 

Ciena beats by $0.04, reports revs in-line; guides Q2 rev towards the low end of expectations :

• Reports Q1 (Jan) adj. earnings of $0.18 per share, $0.04 better than the Capital IQ Consensus of $0.14; revenues rose 8.3% year/year to $573.1 mln vs the $575.11 mln Capital IQ Consensus.
  • Adj. gross margin ~44.7% vs. 44% guidance.
• Co issues guidance for Q2, sees Q2 revs of $615-645 mln vs. $642.33 mln Capital IQ Consensus; adj. gross margin mid-40s%.