Ciena (CIEN) Tops Q3 EPS by 9c

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Ciena Reports Fiscal Third Quarter 2024 Financial Results

September 4, 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 third quarter ended July 27, 2024.

Q3 Revenue: $942.3 million Q3 Net Income per Share: $0.10 GAAP; $0.35 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 0.6 million shares of common stock for an aggregate price of $29.0 million during the quarter

"We delivered strong results for the fiscal third quarter that reflect growing momentum... More