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Ciena Stock Is Surging. Profits Are Strong Because the Supply Chain Is Better.

by FeeOnlyNews.com
12 months ago
in Business
Reading Time: 1 min read
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Ciena Stock Is Surging. Profits Are Strong Because the Supply Chain Is Better.
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Ciena


inventory is hovering Thursday after the optical-networking-infrastructure firm posted better-than-expected outcomes for its fiscal fourth quarter ended Oct. 29. The quarter was aided by considerably improved circumstances within the part provide chain.

Ciena (ticker: CIEN) in latest quarters has skilled robust demand, however struggled to satisfy orders attributable to tight provides of crucial components.



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