Ciena (CIEN) Misses Q2 EPS by 4c

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Ciena Reports Fiscal Second Quarter 2022 Financial Results

June 2, 2022 7:00 AM EDT

HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter ended April 30, 2022.

Q2 Revenue: $949.2 million Q2 Net Income per Share: $0.25 GAAP; $0.50 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 1.5 million shares of common stock for an aggregate price of $87.0 million, and received 0.9 million shares of common stock pursuant to the final settlement of the Accelerated Share Repurchase program, during the... More