Ciena, a company that makes equipment for internet networks, recently announced its financial results. Their profits were a little lower than last year, but their sales were higher. Investors reacted differently than expected!
- Ciena's profits were slightly down, but sales went up.
- Investors were worried about some things, like tariffs (taxes on goods) and one-time events.
- Ciena's stock price went up a little at first, then dropped about 7%.
| Item | Number |
|---|---|
| Ciena's earnings (adjusted) | 64 cents per share |
| Ciena's revenue | $1.07 billion |
| Stock price drop | ~7% |
