Telecommunications network specialist Ciena Corp. (NASDAQ:CIEN) is scheduled to release its fiscal second quarter 2012 earnings results before the opening bell on May 31, 2012. In the run-up to the earnings release, we do not notice any revision in analyst estimates.
Prior-Quarter Recap
Ciena reported first quarter loss per share of 26 cents, worse than the Zacks Consensus Estimate of a loss of 17 cents. Revenue of $416.7 million for the quarter not only decreased on a year-over-year basis but also … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards