03.09.2015 - Ciena has increased profits

Producer of telecommunication equipment Ciena reported an increase in profit despite the decline in revenue in the last quarter. Thus, the profit totaled 23.6 million against 16.2 for the same period of the last year, but revenue fell to 602.9 million against 603.6 million last year. It is worth noting that the company has signed a deal to buy Cyan provider for $ 400 million, which increased the customer base of the company. Given the company's successful expansion and profit growth, we expect the company's increase in prices by 25-28% per year.

Ciena Signage

RISK WARNING: Trading of complex financial products, such as Stocks, Futures, Foreign Exchange ("Forex"), Contracts for Difference ("CFDs"), Indices, Options, or other financial derivatives, on "margin" carries a high level of risk, and may not be suitable for all investors. The possibility exists that you could sustain a loss of some or all of your initial investment and, therefore, you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with trading these markets, and seek advice from an independent financial advisor if you have any questions or doubts. Please carefully read our full "Risk Disclosure" and "Risk Disclosures for Financial Instruments & Investment Services". FXFINPRO Capital is the trading name of PFX Financial Professionals Limited, a limited liability company formed under the laws of Cyprus, registered with the Registrar of Companies in Nicosia, Cyprus, under nr. HE 237840 and regulated by the Cyprus Securities and Exchange Commission with license number 193/13.