Benzinga | Mar 4, 2021 07:01AM EST

Ciena Q1 EPS $0.52 Beats $0.45 Estimate, Sales $757.10M Beat $749.55M Estimate

Ciena (NYSE:CIEN) reported quarterly earnings of $0.52 per share which beat the analyst consensus estimate of $0.45 by 15.56 percent. This is unchanged from the same period last year. The company reported quarterly sales of $757.10 million which beat the analyst consensus estimate of $749.55 million by 1.01 percent. This is a 9.10 percent decrease over sales of $832.91 million the same period last year.