Ciena Reports Fiscal First Quarter 2024 Financial Results
Ciena Corporation (CIEN)
Last ciena corporation earnings: 3/5 07:00 am
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Source: Business Wire
HANOVER, Md.--(BUSINESS WIRE)--Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal first quarter ended January 27, 2024.Q1 Revenue: $1.04 billionQ1 Net Income per Share: $0.34 GAAP; $0.66 adjusted (non-GAAP)Share Repurchases: Repurchased approximately 691 thousand shares of common stock for an aggregate price of $32.0 million during the quarter"We delivered solid fiscal first quarter results, including strong profitability, as we continue to expand our relationships and gain share with cloud providers," said Gary Smith, president and CEO of Ciena. "While we remain very confident in the strength and durability of bandwidth demand as a long-term driver of our business, it is taking longer than expected for service providers to work through high levels of inventory."For fiscal first quarter 2024, Ciena reported revenue of $1.04 billion as compared to $1.06 billion for the fiscal first quarter
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CIEN
Earnings
- 3/7/24 - Beat
CIEN
Sec Filings
- 4/23/24 - Form 8-K
- 4/18/24 - Form S-8
- 4/17/24 - Form 4
- CIEN's page on the SEC website