Ciena posts net income to $28.8 million, or 28¢ a share, amid increasing demand for gear allowing network operators to handle more traffic at lower costs. Excluding items, EPS jumps to 47¢; analysts expected 40¢. Shares rise 4% pre-market.
C'mon Ciena...we're not supposed to have good news...only the bad stuff...
Friday, March 7, 2008
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