Jun. 6 at 2:11 PM
$CIEN earnings miss & stock tanks 12.9% — is there still room for optimism? 📉
Despite a 19.2% EPS miss, CIEN reported a 23.6% revenue surge, driven by a robust cloud provider segment. The company's strategic maneuvers against tariffs couldn't prevent the stock drop, but its 59.7% rise over the past year outpaces the Zacks Communication-Components industry's growth of 38.7%.
Full analysis here 👉 https://www.zacks.com/commentary/2487316/cien-stock-tanks-13-on-q2-earnings-miss-ai-demand-drives-sales-yy?cid=sm-stocktwits-2-2487316-body&ADID=SYND_STOCKTWITS_TWEET_2_2487316_BODY