Wall Street analysts expect Ciena Corporation to report quarterly earnings of $1.73 per share.
Wall Street analysts expect Ciena Corporation to report quarterly earnings of $1.73 per share in its upcoming report, representing a year-over-year increase of 158.2%. Analysts project revenues to reach $1.64 billion, which is a 34.6% increase from the year-ago quarter.
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These estimates reflect a consensus that has remained unchanged over the past 30 days, indicating that analysts have collectively reappraised their initial projections during this period. Key metrics monitored by analysts include the following projections: Revenue- Total Networking Platforms is expected to reach $1.31 billion, a 39.2% year-over-year increase. Revenue- Total Global Services is projected to reach $200.34 million, a 25.1% year-over-year increase. Revenue- Networking Platforms- Routing and Switching is expected to reach $172.34 million, a 36.9% year-over-year increase. Revenue- Services is projected to reach $287.84 million, an 18.7% year-over-year increase. Revenue- Networking Platforms- Optical Networking is expected to reach $1.16 billion, a 42.5% year-year increase. Revenue- Blue Planet Automation Software and Services is predicted to reach $28.25 million, a 1.6% year-over-year increase. Revenue- Platform Software and Services is expected to reach $99.75 million, a 10.8% year-over-year increase. Revenue- Products is projected to reach $1.35 billion, a 37.7% year-over-year increase.
Sources
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Ahead of Ciena (CIEN) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
Yahoo Finance
Paywall and unreadable sources
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Morgan Stanley sees key catalyst in vital tech stock before earnings
thestreet.com
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Ciena options suggest 9.4% stock move after earnings release
Investing.com India
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Ciena Stock Ahead of Q3 Earnings: Buy, Sell, or Wait for the Results?
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