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CIEN Ciena will be $35+ in 4 months $18.23
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[QUOTE]Originally posted by invester: [QB] Beat per share estimates and revenue estimates. LINTHICUM, Md. (AP) -- Communications networking company Ciena Corp. reported a wider third-quarter loss Wednesday on higher costs and expenses. The company reported a net loss of $109.9 million, or $1.18, for the three months ended July 31 compared with a loss of $26.5 million, or 29 cents per share, a year ago. Revenue surged to $389.7 million from $164.8 million. But operating expenses more than doubled to $243.6 million from $97.6 million on a mix of research, development, and marketing costs. Analysts polled by Thomson Reuters expected a loss of 33 cents per share on $386.3 million in revenue. [/QB][/QUOTE]
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