Ciena Corporation (CIEN) Q3 2012 Earnings Results

Ciena Corp Misses on EPS, Stock Down 19.5%

Ciena Corp reported a loss per share that was better than expected, but the stock still fell significantly by 19.5%. The decline likely reflects investor concerns over the company's market challenges and lack of revenue guidance. Without clear direction for the future, investors may be cautious about the stock's performance.

The print

Key numbers

Actual vs. consensus

Metric	Actual	Expected	Surprise
EPS	$-0.04	N/A	+68.50%
Revenue	N/A	N/A	N/A

Management

Management commentary

Tone: Defensive

Management expressed concerns about market conditions impacting performance. They remain committed to their strategic goals.

Management acknowledged challenges in the current market environment.

They emphasized a focus on long-term strategy despite short-term setbacks.

Ciena Corp Misses on EPS, Stock Down 19.5%

Key numbers

Management commentary

Ciena Corporation

More earnings this week

Ciena Corp Misses on EPS, Stock Down 19.5%

Key numbers

Management commentary