Benzinga | Jun 3, 2021 07:01AM EDT

Ciena Q2 EPS $0.62 Beats $0.48 Estimate, Sales $833.90M Beat $829.27M Estimate

Ciena (NYSE:CIEN) reported quarterly earnings of $0.62 per share which beat the analyst consensus estimate of $0.48 by 29.17 percent. This is a 18.42 percent decrease over earnings of $0.76 per share from the same period last year. The company reported quarterly sales of $833.90 million which beat the analyst consensus estimate of $829.27 million by 0.56 percent. This is a 6.73 percent decrease over sales of $894.05 million the same period last year.