Benzinga | Sep 2, 2021 07:06AM EDT

Ciena Q3 Adj. EPS $0.92 Beats $0.79 Estimate, Sales $988.10M Beat $971.56M Estimate

Ciena (NYSE:CIEN) reported quarterly earnings of $0.92 per share which beat the analyst consensus estimate of $0.79 by 16.46 percent. This is a 13.21 percent decrease over earnings of $1.06 per share from the same period last year. The company reported quarterly sales of $988.10 million which beat the analyst consensus estimate of $971.56 million by 1.70 percent. This is a 1.17 percent increase over sales of $976.71 million the same period last year.