CIEN stock price

07 Jun: Ciena stock weekly performance for June 5, 2020

Ciena stock price this week Ciena Corp. (NYSE:CIEN) stock price performance for the week ending on June 5, 2020, was -1.76%. CIEN stock price is very near to is 52-week high at 57.19. CIEN stock has a P/E ratio of 26.43 and a YTD performance of +27.16%. Stock market data: MarketWatch CIEN stock news “Ciena® Corporation (NYSE:CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter ended May 2, 2020.Q2 Revenue: $894.1 million, increasing 3.4% year over yearQ2 Net Income per Share: $0.59 GAAP; $0.76 adjusted (non-GAAP)Share Repurchases: Prior to suspending repurchases during the quarter, we repurchased approximately 0.6 million shares of common stock for an aggregate price of $23.8 million during the quarter“In this uncertain environment, we delivered industry leading financial performance during our second quarter, including strong revenue and outstanding profitability,” said Gary Smith, President and CEO, Ciena. “Our strategy,…