Ciena (CIEN) Tops Q1 EPS by 19c

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Go back to Ciena (CIEN) Tops Q1 EPS by 19c

Ciena Reports Fiscal First Quarter 2024 Financial Results

March 7, 2024 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 27, 2024.

Q1 Revenue: $1.04 billion Q1 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... More