Ciena (CIEN) Tops Q1 EPS by 2c

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Go back to Ciena (CIEN) Tops Q1 EPS by 2c

Ciena Reports Fiscal First Quarter 2022 Financial Results

March 7, 2022 7:00 AM EST

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 29, 2022.

Q1 Revenue: $844.4 million Q1 Net Income per Share: $0.29 GAAP; $0.47 adjusted (non-GAAP) Share Repurchases: Ciena entered into a $250 million accelerated share repurchase ("ASR") arrangement during the first quarter of fiscal 2022 under its new share repurchase program. The final settlement of the ASR was completed in the second... More