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Ciena Delivers Strong Quarter and Raises Outlook Despite Share Price Decline (CIEN)
Key takeaways
- Despite the strong performance, the networking equipment provider’s shares fell 5.7% in premarket trading.
- The company credited its results to robust demand across its product portfolio and effective execution amid a complex supply chain environment.
- For the quarter, Ciena posted adjusted earnings per share of $1.64, outperforming analyst expectations of $1.46 by $0.18.
Ciena Delivers Strong Quarter and Raises Outlook Despite Share Price Decline (CIEN) Fiona Craig Thu, June 4, 2026 at 9:09 PM GMT+7 2 min read CIEN chart down NEW SIZE ©Shutterstock Ciena Corporation (NYSE:CIEN) reported fiscal second-quarter results that exceeded Wall Street expectations on both earnings and revenue, while also lifting its full-year guidance. Despite the strong performance, the networking equipment provider’s shares fell 5.7% in premarket trading.
The company credited its results to robust demand across its product portfolio and effective execution amid a complex supply chain environment.
For the quarter, Ciena posted adjusted earnings per share of $1.64, outperforming analyst expectations of $1.46 by $0.18.
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