Ciena Ready for its Quarterly Earnings Release

Published on Tuesday, 07 September 2010 10:00 Written by Christian Paolinetti

New York, September 7th (TradersHuddle.com) - Shares of Ciena Corporation (NASDAQ:CIEN) are trading higher by +0.23% ahead of its quarterly earnings release. Ciena, the communications network platforms provider is expected to release its quarterly results on September 8^th.

Wall Street Analysts consensus calls for a loss of $-0.33 a share on $387.04 million revenue.

Ciena estimates have a range of $0.27 a share. The high estimate calls for loss of $-0.17 a share and the low estimate is calling for a loss of $-0.44 a share, a year ago for the quarter the company reported $-0.05 a share.

Ciena Corporation (NASDAQ:CIEN) develops and markets communications network platforms. The company offers broadband access, data and optical networking platforms, software tools, and global network services support worldwide telecom and cable/MSO services providers.