$CIEN (+0.5% pre) Ciena Stock: Ciena Earnings Miss Estimates, Revenue Edges https://t.co/53y2fYhTbN
Verint Systems Stock Soars on Earnings. Artificial Intelligence Makes All the Difference. https://t.co/ljjUXBUmHT
$CIEN (-1.7% pre) Ciena Stock: Ciena Earnings Miss Estimates, Revenue Edges https://t.co/5a7icVRBKK
Ciena Corporation reported its fiscal second quarter 2025 earnings with revenue reaching $1.13 billion. The company posted a GAAP net income per share of $0.06 and an adjusted (non-GAAP) net income per share of $0.42. Despite the profit, Ciena's earnings missed analyst estimates, leading to a decline in its stock price by approximately 1.7% in pre-market trading initially, though it later showed a slight recovery. The company attributed its performance to strong momentum in high-speed connectivity and increased demand driven by investments in artificial intelligence (AI). In contrast, Verint Systems saw its shares surge by 19.1% in pre-market trading after beating earnings estimates, with AI demand cited as a key driver of its growth.