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Home › Ciena plunges towards $20 on soft guidance, takes peers lower; Northland upgrades

 

Ciena plunges towards $20 on soft guidance, takes peers lower; Northland upgrades

2015-12-10 21:04:44| Semiconductors - Topix.net

Ciena has tumbled after issuing light FQ1 guidance to go with an FQ4 beat . In addition, the optical networking hardware vendor has guided for 8%-9% FY16 revenue growth, below a 13.8% consensus.

Tags: lower takes soft guidance

Category:Electronics and Electrical

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