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Ciena Corp. Q1 adjusted earnings Beat Estimates

Below are the earnings highlights for Ciena Corp. (CIEN):

-Earnings: $33.62 million in Q1 vs. -$473.36 million in the same period last year.
-EPS: $0.21 in Q1 vs. -$3.29 in the same period last year.
-Excluding items, Ciena Corp. reported adjusted earnings of $52.82 million or $0.33 per share for the period.
-Analysts projected $0.30 per share
-Revenue: $778.53 million in Q1 vs. $646.14 million in the same period last year.

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