CatalystMacro

$CIEN -15.5% (2.0x avg vol) — CIENA FISCAL Q2 EARNINGS BEAT, SHARES SLIDE ON GUIDANCE

CIEN

$479.50

-1.07%

What changed

$CIEN -15.5% (2.0x avg vol) — CIENA FISCAL Q2 EARNINGS BEAT, SHARES SLIDE ON GUIDANCE Revenue and EPS exceeded estimates, but weaker-than-expected forward outlook drove sell-off.

Why it matters

Revenue and EPS exceeded estimates, but weaker-than-expected forward outlook drove sell-off.

Sources

gnews