Mike Genovese

Wall Street analysts responded to Ciena Corp.’s (NYSE:CIEN) second-quarter financial results on Thursday. Ciena reported a quarterly revenue growth of 23.6% to $1.13 billion, beating the analyst consensus estimate of $1.09 billion. The American telecommunications networking...

Ciena Corp (NYSE:CIEN) will report its second-quarter results on Thursday, June 5, before the market opens. According to Rosenblatt Securities, the company is likely to report healthy results and guidance, slightly ahead of consensus, "driven by strong Cloud Provider revenues and orders and solid...

Shares of Cisco Systems Inc (NASDAQ:CSCO) were climbing in early trading on Thursday, after the company Wednesday reported its fiscal third-quarter results. The announcement came amid an exciting earnings season. Here are some key analyst takeaways. Rosenblatt Securities On Cisco Systems Analyst...

Ciena Corp (NYSE:CIEN) shares were climbing Wednesday after the company announced upbeat fiscal first-quarter results. The company reported its results amid an exciting earnings season. Here are some key analyst takeaways. Needham On Ciena Analyst Ryan Koontz maintained a Buy rating while reducing...

Shares of Cisco Systems Inc (NASDAQ:CSCO) declined in early trading on Thursday, even after the company reported stronger-than-expected results for its fiscal third quarter. The results came amid an exciting earnings season. Here are some key analyst takeaways. Goldman Sachs analyst Michael Ng...

Arista Networks Inc (NYSE: ANET) shares tanked in premarket trading on Friday, amid concerns around AI stocks trading at a premium. Although ethernet could prevail in the AI era, the company is unlikely to be a big winner of this trend, according to Rosenblatt Securities. The Arista Networks...

Shares of Applied Optoelectronics Inc (NASDAQ: AAOI) were recovering on Tuesday, after last week’s steep decline. The company’s sales are poised to explode from mid-2024 onwards, "driven by AI 400+G Optical interconnects for Data Centers and DOCSIS 4.0 amplifiers for Cable networks...

Shares of Cisco Systems Inc (NASDAQ: CSCO) were relatively unchanged on Thursday after the company reported higher-than-expected revenues and earnings for its fiscal third quarter. The report came amid an exciting earnings season. Here are some key analyst takeaways from the earnings...

While Cisco Systems Inc (NASDAQ: CSCO) Wednesday reported a beat and raise quarter, it’s worth looking at its current and long-term debt. Morgan Stanley Analyst Meta Marshall maintained an Equal-Weight rating and price target of $48. “CSCO posted FQ1 upside as supply chain loosened,...

Viavi Solutions Inc. (NASDAQ: VIAV) is well positioned for markets that have secular growth prospects, according to Rosenblatt Securities. The Analyst: Mike Genovese initiated coverage of Viavi Solutions with a Buy rating and a price target of $18. Genovese cited the Scottsdale, Arizona-based...

Cisco Systems Inc (NASDAQ: CSCO) reported quarterly earnings of 83 cents per share, beating the consensus estimate by 1 cent per share, on revenues of $13.1 billion, ahead of the Street expectations of $12.7 billion. Here's what the sell side has to say after the print.  JMP Securities On...