Ciena beats by $0.12, beats on revs
- Reports Q3 (Jul) earnings of $0.48 per share, excluding non-recurring items, $0.12 better thanthe S&P Capital IQ Consensus of $0.36; revenues rose 12.4% year/year to $818.82 mln vs the $792.28 mln S&P Capital IQ Consensus.
- "The combination of continued execution against our strategy and robust, broad-based customer demand resulted in outstanding fiscal third quarter performance," said Gary B. Smith, president and CEO of Ciena. "With our diversification, global scale and innovation leadership, we remain confident in our business model and our ability to achieve our three-year financial targets."
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