Ciena Corp. Bottom Line Climbs In Q3

(RTTNews) - Ciena Corp. (CIEN) revealed a profit for its third quarter that Increases, from the same period last year

The company's earnings totaled $50.30 million, or $0.35 per share. This compares with $14.23 million, or $0.10 per share, last year.

Excluding items, Ciena Corp. reported adjusted earnings of $96.23 million or $0.67 per share for the period.

The company's revenue for the period rose 28.4% to $1.21 billion from $942.30 million last year.

Ciena Corp. earnings at a glance (GAAP) :

-Earnings: $50.30 Mln. vs. $14.23 Mln. last year. -EPS: $0.35 vs. $0.10 last year. -Revenue: $1.21 Bln vs. $942.30 Mln last year.

-Guidance: Next quarter revenue guidance: $1.24 - $1.32 BLN