— Ciena Corporation (NYSE: CIEN) reported Q1 2020 earnings of $0.52 per share, vs. $0.38 expected.
— Revenues grew 7% to $832.9 million, vs. $819.7 million expected.
— Networking Platforms revenues were $659 million.
— Platform Software and Services revenues were $51.9 million.
— Blue Planet Automation Software and Services revenues were $15.5 million.
— Global Services revenues were $106.5 million.
— Revenues from the Americas totaled $574 million.
— Revenues from Europe, Middle East and Africa amounted to $130 million.
— Revenues from Asia Pacific were $128.9 million.
— Cash and investments totaled $957.4 million.
Micron Technology Inc. (NASDAQ: MU) Thursday said its fourth-quarter profit declined from last year, hurt by a sharp fall in revenues. Earnings, however, beat the market’s projection. On an adjusted
Shares of Philip Morris International Inc. (NYSE: PM) were down 1% on Thursday. The stock has dropped over 9% year-to-date. Although the tobacco industry has felt the pinch of inflation,
CarMax, Inc. (NYSE:KMX) reported second quarter 2023 earnings results today. Net revenues rose 2% year-over-year to $8.1 billion. Net earnings were $125.9 million, or $0.79 per share, compared to $285.2 million,