Ciena (CIEN) to Post Q1 Earnings: Here's What to Expect

Ciena Corporation (CIEN) is scheduled to report first-quarter fiscal 2024 results on Mar 7.The Zacks Consensus Estimate for earnings is pegged at 46 cents per share, suggesting a 28.1% decrease from the year-ago level.For the first quarter of fiscal 2024, management expects revenues in the range of $980 million-$1.06 billion.The consensus estimate for revenues is pegged at $1.02 billion, indicating a decline of 3.6% from the prior-year level.CIEN has a trailing four-quarter earnings surprise of 30.7%, on av ...