Ciena (CIEN) Tops Q2 EPS by 13c

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Go back to Ciena (CIEN) Tops Q2 EPS by 13c

Ciena Reports Fiscal Second Quarter 2024 Financial Results

June 6, 2024 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 27, 2024.

Q2 Revenue: $910.8 million Q2 Net Income (Loss) per Share: $(0.12) GAAP; $0.27 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 1.1 million shares of common stock for an aggregate price of $57.0 million during the quarter

"Our fiscal second quarter performance underscores the strength in our business amid a... More