Reuters: Technology News: Ciena results miss estimates on lower optical equipment demand

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Ciena results miss estimates on lower optical equipment demand Dec 13th 2012, 12:35 Thu Dec 13, 2012 7:14am EST (Reuters) - Network equipment maker Ciena Corp reported a bigger quarterly loss as revenue from the packet optical-transport and packet-optical switching businesses fell. Net loss widened to $38.8 million, or 39 cents per share, in the fourth quarter, from $22.3 million, or 23 cents per share, a year earlier. Revenue rose 2 percent to $465.5 million.

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