Ciena (CIEN $21.18 -3.04) reported a second quarter loss of $0.24 per
share, excluding non-recurring items, $0.13 worse than the Capital IQ Consensus
Estimate of $0.11.
Revenues rose 64.9% year/year to $417.9 million versus the $428.1 million
consensus.
In the third quarter, the company issued third quarter revenue guidance $435
million to $455 million versus the $457.29 million Capital IQ Consensus
Estimate; and adjusted gross margin to be in the low 40s range.






