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Ciena Corp. (CIEN) Rose To A 7-Month High After Q4 Profit Topped Expectations

Ciena Corp. (CIEN) reported fourth quarter EPS of $0.15 Tuesday morning, compared to $0.17 a year ago. Street expectations were for EPS of $0.13.

Ciena gapped open sharply higher Tuesday, but traded in a range for the bulk of the session. The stock closed up by 2.35 at $25.71 on above average volume. Ciena jumped to a 7-month high.

by RTT Staff Writer

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