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By: Benzinga
UPDATE: Ciena Posts Wider FQ4 Loss
Ciena (NASDAQ: CIEN ) posted a wider fiscal fourth-quarter loss. For the current quarter, Ciena expects revenue of $435 million to $460 million, versus analysts' estimates of $459 million. Ciena posted a quarterly loss of $38.8 million, or $0.39 per share, versus a year-ago loss of $22.3 million, or $0.23
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