Ciena reports Q2 adjusted EPS 27c, consensus 15c

Reports Q2 revenue $910.83M, consensus $894.94M. “Our fiscal second quarter performance underscores the strength in our business amid a challenging near-term environment as service providers continue to work through existing inventory,” said Gary Smith, president and CEO, Ciena. “With continued robust growth in bandwidth demand, we remain focused on extending our leadership in optical as a foundation for expanding our addressable market.”