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Ciena posts quarterly loss of USD 473 mln on tax charges

Tuesday 6 March 2018 | 14:19 CET | News
Ciena reported a net loss of USD 473.4 million or USD 3.29 per share for its fiscal first quarter to January, versus a profit of USD 3.9 million a year earlier. The result included a non-cash charge of USD 476.9 million for the changes in US corporate tax rates. Revenue for the period reached USD 646.1 million, up 4 percent year over year. 

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Categories: Fixed
Companies: Ciena
Countries: World
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