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Ciena Analysts Boost Their Forecasts Following Better-Than-Expected Q4 Earnings - Ciena (NYSE:CIEN)
Benzinga· 2025-12-12 14:27
Ciena Corp (NYSE:CIEN) reported better-than-expected fourth-quarter results and issued upbeat first-quarter sales guidance on Thursday.The company reported a quarterly revenue growth of 20.3% year-on-year to $1.35 billion, beating the analyst consensus estimate of $1.29 billion. The American telecom networking equipment and software services supplier reported adjusted EPS of 91 cents, beating the analyst consensus estimate of 77 cents.Ciena expects first-quarter revenue of $1.350 billion-$1.430 billion (com ...
Ciena Analysts Boost Their Forecasts Following Better-Than-Expected Q4 Earnings
Benzinga· 2025-12-12 14:27
Ciena Corp (NYSE:CIEN) reported better-than-expected fourth-quarter results and issued upbeat first-quarter sales guidance on Thursday.The company reported a quarterly revenue growth of 20.3% year-on-year to $1.35 billion, beating the analyst consensus estimate of $1.29 billion. The American telecom networking equipment and software services supplier reported adjusted EPS of 91 cents, beating the analyst consensus estimate of 77 cents.Ciena expects first-quarter revenue of $1.350 billion-$1.430 billion (com ...
Crude Oil Down 2%; Ciena Posts Upbeat Earnings
Benzinga· 2025-12-11 17:27
Market Overview - U.S. stocks showed mixed performance with the Dow rising 1.34% to 48,703.91, while the Nasdaq fell 0.57% to 23,519.07 and the S&P 500 gained 0.01% to 6,886.94 [1] - In commodities, oil decreased by 2% to $57.27, while gold increased by 2% to $4,310.90, silver rose 5.36% to $64.440, and copper climbed 3% to $5.5125 [5] Company Performance - Ciena Corp reported a 20.3% year-on-year revenue growth to $1.35 billion, exceeding analyst expectations of $1.29 billion, and adjusted EPS of 91 cents, surpassing the consensus estimate of 77 cents [2] - Black Titan Corp shares surged 73% to $5.73 following the launch of its Digital Asset Treasury Plus framework [8] - Diamond Hill Investment Group Inc shares rose 45% to $170.44 after First Eagle agreed to acquire the company for $175 per share in a $473 million all-cash deal [8] - Planet Labs PBC shares increased by 34% to $17.40 after reporting better-than-expected third-quarter sales and raising FY26 sales guidance [8] - Rezolute Inc shares plummeted 88% to $1.26 after its Phase 3 study did not meet key endpoints [8] - C3is Inc shares fell 81% to $0.33 following the announcement of a $9 million offering [8] - Oracle Corp shares declined 13% to $194.31 after mixed second-quarter financial results for fiscal 2026 [8] Economic Indicators - U.S. initial jobless claims rose by 44,000 to 236,000, exceeding market expectations of 220,000 [11] - The U.S. trade deficit narrowed to $52.8 billion in September from $59.3 billion in August, better than the expected $63.3 billion [11] - U.S. wholesale inventories increased by 0.5% to approximately $911.5 billion in September [11]