Ciena Rising: CEO Smith Says Rising Software Content Helped Boost FYQ1 Margins

Tech Trader Daily
By Tiernan RayMar 5, 2015, 12:38 pm146 pts
Shares of fiber optic networking vendor Ciena (CIEN) are up 9 cents, or 0.4%, at $20.69, after the company this morning reported better-than-expected fiscal Q1 profit, despite missing sales expectations, and reiterated a forecast for rising operating margin for the full year. CEO Gary Smith was kind enough to…

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