Ciena Slides On Lower Margins, Earnings Miss Amid Supply Chain Headache

Ciena (NYSE:CIENis down 6%, Thursday, after reporting miss on both lines in its Q2 2022 earnings report.

Revenue of $949.2M (+13.8% Y/Y) misses by $1.66M.

By Segment: Americas revenue, $700.8M; Europe, Middle East and Africa revenue, $145.1M; and Asia Pacific, $103.3M.

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