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BTCC / BTCC Square / Global Cryptocurrency /
Ciena Stock Surges 22.7% After Beating Q3 Earnings Forecasts

Ciena Stock Surges 22.7% After Beating Q3 Earnings Forecasts

Global Cryptocurrency
Author:
Global Cryptocurrency
Release Time:
2025-09-04 16:04:01
0
BTCCSquare news:

Ciena (CIEN) shares jumped 22.7% in early trading after the company reported fiscal Q3 earnings that surpassed analyst expectations. The networking equipment Maker posted $0.67 in adjusted EPS on $1.22 billion revenue, beating estimates of $0.53 EPS and $1.17 billion sales.

While GAAP earnings of $0.35 per share fell short of the adjusted figure, they represented a 250% year-over-year improvement. CEO Gary Smith highlighted the critical role of communications networks in AI growth, noting Ciena's visibility extends into fiscal 2026.

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