Ciena Corp. (CIEN) reported second quarter adjusted EPS of $0.02 Thursday morning, down from $0.04 in the previous year. The consensus estimate was for a loss of $0.01.
Ciena gapped open sharply higher Thursday and is now up 2.04 at $18.35 on above average volume. The stock is now challenging the highs of the year, trading at over a 9-month high.
For comments and feedback: editorial@rttnews.com