Ciena Corp. (NYSE: CIEN) narrowed second quarter losses more than expected to 10 cents per share from 27 cents per share in the year ago period as revenue climbed and the company forecast current quarter revenue ahead of estimates. The stock price leaped $3.49 to close at $22.48.
Ciena narrows losses more than expected
June 05, 2014 at 17:37 PM EDT