Ciena (CIEN) Tops Q1 EPS by 28c

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Go back to Ciena (CIEN) Tops Q1 EPS by 28c

Ciena Reports Fiscal First Quarter 2023 Financial Results

March 6, 2023 7:00 AM EST

Revenue increased 25% year-over-year

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 28, 2023.

Q1 Revenue: $1.06 billion Q1 Net Income per Share: $0.51 GAAP; $0.64 adjusted (non-GAAP)

"We delivered record revenue in the first quarter, reflecting continued gradual improvement in the supply chain environment and strong customer demand for our market-leading... More