Northland Upgrades CIENA (CIEN) to Outperform
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Ciena Reports Fiscal First Quarter 2025 Financial Results
March 11, 2025 7:00 AM EDTHANOVER, 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 February 1, 2025.
Q1 Revenue: $1.07 billion Q1 Net Income per Share: $0.31 GAAP; $0.64 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 1.0 million shares of common stock for an aggregate price of $79.2 million during the quarter"We delivered strong fiscal first quarter results that reflect balanced growth and... More

