
Ciena’s Remarkable Earnings Propel Stocks Skyward, Defying Expectations
Ciena’s first-quarter performance exceeded expectations, with shares rising 6% pre-market. The company reported EPS of $0.64, surpassing forecasts of $0.42. Revenue increased over 3%, reaching $1.07 billion, above the expected $1.05 billion. The Networking Platforms segment generated $821.2 million, up 1.7% from