Compared to Estimates, Ciena (CIEN) Q3 Earnings: A Look at Key Metrics

Ciena (CIEN) reported $942.31 million in revenue for the quarter ended July 2024, representing a year-overyear decline of 11.8%. EPS of$ 0.35 for the same period compares to $0.59 a year ago. The reported revenue represents a surprise of +1.44% over the Zacks Consensus Estimate of$ 928.91 million. With the consensus EPS estimate being $0.26, the EPS surprise was +34.62%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine the ...