Ciena (CIEN) Reports Q4 EPS of $0.53, Revenues Beat

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Ciena Reports Fiscal Fourth Quarter 2018 and Year-End Financial Results

December 13, 2018 7:00 AM EST

Announces new share repurchase program of up to $500 million

HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), a network strategy and technology company, today announced unaudited financial results for its fiscal fourth quarter and year ended October31, 2018.

Q4 Revenue: $899.4 million, increasing 20.8% year over year Q4 Net Income per Share:$0.34 GAAP; $0.53 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 1.3 million shares of common stock for an... More