Previous Close | 12.42 |
Open | 12.42 |
Bid | 11.00 |
Ask | 14.20 |
Strike | 60.00 |
Expire Date | 2024-07-19 |
Day's Range | 12.42 - 12.42 |
Contract Range | N/A |
Volume | |
Open Interest | N/A |
Ciena's (CIEN) fiscal Q2 performance is affected by slower-than-expected recovery of order volumes from service providers amid persistent macroeconomic concerns, especially internationally.
Ciena earnings and revenue fell vs. a year earlier but topped fiscal Q2 consensus. Shares rose early Thursday.
Like other telecom infrastructure providers, Ciena has been dealing with excess inventory at many North American telcos.