Ciena soars following Q4 results as cloud, AI drive networking demand

Dec. 12, 2024 12:11 PM ETCiena Corporation (CIEN) StockCSCO, JNPR, ANETBy: Brandon Evans, SA News Editor1 Comment
(2min)

Trevor Meunier/iStock Editorial via Getty Images

Ciena (NYSE:CIEN) shares soared following its fourth quarter fiscal 2024 results, despite coming up short of the consensus estimate on earnings per share.

Despite mixed results for the quarter ended November 2, the networking equipment and software provider gave a strong

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About CIEN Stock

SymbolLast Price% Chg
CIEN
89.726.15%
Post90.010.32%
Created with Highcharts 11.2.0Dec 9De…Dec 10Dec 11Dec 12Dec 136080100
Market Cap
$12.80B
PE (FWD)
36.38
Yield
-
Rev Growth (YoY)
-4.91%
Short Interest
4.38%
Prev. Close
$84.52
Compare to Peers

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