Ciena Punches Its Way to an Unexpected Profit

Networking vendor company Ciena was able to post an unexpected profit in their fiscal first quarter. Analysts predicted a loss of $0.14 for them, however, they found a way to plus $0.12.

Although Ciena’s revenues were slightly higher than people thought, the true reasons behind their success were lower expenses and improving capex trends.

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Ciena Punches Its Way to an Unexpected Profit