07:38 AM EDT, 06/06/2024 (MT Newswires) -- Ciena (CIEN) reported fiscal Q2 adjusted earnings Thursday of $0.27 per diluted share, compared with $0.74 a year earlier.

Analysts surveyed by Capital IQ expected $0.15.

Revenue for the quarter ended April 27 was $910.8 million, compared with $1.13 billion a year earlier. Analysts surveyed by Capital IQ expected $895.7 million.

Shares of Ciena were up 0.5% in premarket trading.

Price: 47.99, Change: -0.25, Percent Change: -0.52