Thursday, May 31, 2007

Ciena posts profit on higher Web bandwidth demand

(Reuters) - Net profit for Ciena's fiscal second quarter, ended April 30, was $13 million, or 14 cents per share, compared with a loss of $1.9 million, or 2 cents per share, a year earlier.




Sales rose to $193.5 million from $131.2 million in the year-ago quarter.


Read more at Reuters.com Hot Stocks News

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