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Ciena Corp. Q4 Earnings Climb 1%

Ciena Corp. (CIEN) released a profit for its fourth quarter that advanced from last year.

The company said its bottom line climbed to $48.5 million, or $0.32 per share. This was up from $48.1 million, or $0.30 per share, in last year's fourth quarter.

The company said revenue for the quarter rose 3.9% to $744.4 million. This was up from $716.2 million last year.

Ciena Corp. earnings at a glance:

-Earnings (Q4): $48.5 Mln. vs. $48.1 Mln. last year.
-Earnings Growth (Y-o-Y): 0.8%
-EPS (Q4): $0.32 vs. $0.30 last year.
-EPS Growth (Y-o-Y): 6.7%
-Revenue (Q4): $744.4 Mln vs. $716.2 Mln last year.
-Revenue Change (Y-o-Y): 3.9%

by RTT Staff Writer

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