From Financial Modeling Prep: 2025-06-05 14:53:00

Ciena (NYSE:CIEN) stock dropped 13% after mixed Q2 results. Earnings of $0.42 per share missed estimates of $0.51, but revenue of $1.13 billion beat expectations. Optical Networking sales surged to $773.6 million, up from $560.2 million. Non-GAAP gross margin decreased to 41%. Operating cash flow was $156.9 million, with $84.3 million spent on share buybacks.



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