By Will FeuerCiena posted higher sales for its fiscal fourth quarter, lifted by demand for its optical-networking products. Adjusted earnings were 75 cents a share, topping the 69 cents a share that analysts surveyed by FactSet expected. Sales rose more than 16% to $1.13 billion, above the $1.11 billion that analysts expected. Optical-networking sales jumped 15% to $748 million. Write to Will Feuer at Will.Feuer@wsj.com

Source: Wall Street Journal December 07, 2023 21:21 UTC