Ciena Shares Drop Pre-Market Despite Strong Q2 Results

Despite reporting strong fiscal second-quarter results that beat estimates, Ciena (CIEN) shares fell about 6% in pre-market trading. The company reported a 40% year-over-year revenue increase to $1.57 billion and adjusted EPS of $1.64.

By Ravikash Bakolia, SA News Editor · Seeking Alpha ·

Ciena Shares Drop Pre-Market Despite Strong Q2 Results

Tickers: $CIEN

Topics: earnings revenue growth stock price movement

Read the full article at Seeking Alpha

More World news