
Ciena Corp (NYSE:CIEN) shares are trading lower Thursday after the company reported worse-than-expected financial results.
Ciena said fiscal second-quarter revenue increased 13.8% year-over-year to $949.2 million, which came in below the estimate of $950.83 million, according to data from Benzinga Pro. The company reported quarterly earnings of 50 cents per share, which missed the estimate of 54 cents per share.