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Ciena lifts revenues, profit in solid Q2

Thursday 4 June 2020 | 15:48 CET | News
Ciena said revenues for its fiscal second quarter to 2 May advanced 3.46 percent from the year before to USD 894.1 million and that the net profit went to USD 91.7 million or USD 0.59 per share, from 52.7 million and 0.33 per share. The adjusted net profit lifted to USD 117.4 million or USD 0.76 per share, from 76.2 million and 0.48 per share. Before suspending share buy backs during the quarter due to the coronavirus pandemic, the company repurchased about 0.6 million shares, for a total of USD 23.8 million.

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Categories: Fixed
Companies: Ciena
Countries: World
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