share market updates (press release) - 22 hours ago
Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH) ended Thursday session in red amid volatile trading. The shares closed down -0.41 points or -0.70% at $58.31 with 3.20 million shares getting traded.
Shares of Cognizant Technology Solutions Corp (NASDAQ:CTSH) ended Wednesday session in green amid volatile trading. The shares closed up +1.05 points or 1.82% at $58.72 with 3.59 million shares getting traded.
What: Shares of Ciena Corporation (NYSE:CIEN) were up 11.5% as of 11:00 a.m. EDT Thursday after the telecommunications networking equipment company announced better-than-expected fiscal second-quarter 2016 results.
On an adjusted (non-GAAP) basis, Ciena's gross margin came in at 44.7%, and adjusted operating margin was 8.3%. Adjusted net income was $25.2 million, or $0.18 per share, up from adjusted net income of $13.6 million, or $0.12 per share in last year's ...
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