CIENA Trims Financial Guidance

CIENA lowered its financial guidance for its fiscal quarter ended 31-January-2004, saying it now expects to report revenue of approximately $66.4 million for the quarter. CIENA expects that under Generally Accepted Accounting Principles (GAAP), its loss per share for the fiscal first quarter will be reported in a range of $0.17. The company attributed the change in guidance to the timing associated with a single order. Full results will be reported 19-February-2004. http://www.ciena.com