Benzinga | Dec 10, 2020 07:03AM EST

Ciena Q4 Adj. EPS $0.60 Misses $0.63 Estimate, Sales $828.50M Beat $825.36M Estimate

Ciena (NYSE:CIEN) reported quarterly earnings of $0.60 per share which missed the analyst consensus estimate of $0.63 by 4.76 percent. This is a 3.45 percent increase over earnings of $0.58 per share from the same period last year. The company reported quarterly sales of $828.50 million which beat the analyst consensus estimate of $825.36 million by 0.38 percent. This is a 14.41 percent decrease over sales of $967.99 million the same period last year.