Ciena (CIEN) gains as Q4 revenue surges 21% on cloud strength
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Ciena Reports Fiscal Fourth Quarter 2023 Financial Results
December 7, 2023 7:00 AM ESTAnnual revenue increased 21%
HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal fourth quarter ended October 28, 2023.
Q4 Revenue: $1.13 billion Q4 Net Income per Share: $0.62 GAAP; $0.75 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 4.2 million shares of common stock for an aggregate price of $188.8 million during the quarter"Today we reported strong fiscal fourth quarter results,... More

