--> +1.88% pre open
Ciena beats by $0.12, beats on revs; guides Q3 revs in-line
- Reports Q2 (Apr) earnings of $0.35 per share, excluding non-recurring items, $0.12 better than the Capital IQ Consensus of $0.23; revenues rose 11.0% year/year to $621.6 mln vs the $606.07 mln consensus.
- Q2 adj. gross margin 43.8% vs. 42-43% guidance.
- Co issues in-line guidance for Q3, sees Q3 revs of $610-640 mln vs. $632.04 mln Capital IQ Consensus, adj. gross margin ~43%