Earnings -- Gazette.Net



advertisement

Argan of Rockville reported that its profit for the quarter ended Oct. 31 grew to $5.7 million from $2 million in the prior-year quarter. Revenues rose to $74.5 million from $43.6 million.

Ciena of Hanover reported that its net loss for the year ended Oct. 31 narrowed to $144 million from $195.5 million the previous year. Revenues rose to $1.83 billion from $1.74 billion. Its net loss for the quarter ended Oct. 31 widened to $38.8 million from $22.3 million in the prior-year quarter; revenues rose to $465.5 million from $455.5 million.