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Ciena enjoys strong Q3, warns of short-term lull

Ciena beat Wall Street estimates on revenues and adjusted earnings in its third quarter as the provider of networking hardware, software and services grew sales by 17% year-on-year with Verizon and AT&T among its top customers. The vendor's shares did fall after executives predicted short-term growth short of analyst projections although they eventually expect to land some current customers of Huawei Technologies.

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