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9 luxury homes to consider if money is no object

Ever thought about what a multimillion pound budget would buy you?

Ciena's Gloomy Outlook Casts a Dark Cloud Over Infinera Stock

Leo Sun, The Motley Fool
·5-min read
Ciena's Gloomy Outlook Casts a Dark Cloud Over Infinera Stock

Infinera's (NASDAQ: INFN) stock recently tumbled after its larger fiber optics peer Ciena (NYSE: CIEN) followed up a solid quarter with bleak guidance. Ciena's revenue rose 2% year-over-year during its third quarter, and its adjusted EPS jumped 49%. Both figures topped Wall Street's expectations, but CEO Gary Smith warned that "COVID-related market dynamics" had throttled its orders and would "adversely impact" its revenue growth "for a few quarters."

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