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Examples
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Even smaller players such as Ciena have been hurting.
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Even smaller players such as Ciena have been hurting.
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Verizon's fiber suppliers, such as Ciena and Tellabs, have also seen higher prices and improved demand, the analyst said.
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So while the presence of Huawei in long-haul transport implies a potential margin erosion of vendors such as Ciena, the other vendors will be watching this development closely – because they know they can be next.
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For the quarter ended April 30, Ciena reported a loss of $62.7 million, or 66 cents a share, compared with a loss of $90 million, or 97 cents, a year earlier.
Ciena's Loss Narrows Tess Stynes 2011
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Ciena, which makes products and services used to deliver voice, video and data communications, has posted 2½ years of quarterly losses.
Ciena's Loss Narrows Tess Stynes 2011
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Ciena, of Linthicum, Md., projected revenue of $435 million to $455 million for the current quarter, compared with the mean estimate of analysts polled by Thomson Reuters for $456 million.
Ciena's Loss Narrows Tess Stynes 2011
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Ciena Corp.'s fiscal-second-quarter loss narrowed as the networking-equipment company posted a 65% revenue increase and incurred lower acquisition-related costs.
Ciena's Loss Narrows Tess Stynes 2011
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More MarketBeat: Ciena Stock Takes a Hit Stock Quote: CIEN Revenue rose to $417.9 million, near the low end of the company's March forecast of $415 million to $435 million.
Ciena's Loss Narrows Tess Stynes 2011
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Ciena slumped 3.92, or 16%, to 20.29, after the networking-equipment company reported a wider-than-expected fiscal second-quarter loss.
S&P Losing Streak Is Longest in Two Years Brendan Conway 2011
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