Ciena Earnings Reports

Ciena delivered a solid fiscal Q1 2025 performance, reporting revenue of $1.07 billion, a 3.3% year-over-year increase. GAAP net income was $44.6 million, with adjusted net income at $94.0 million. The company highlighted continued momentum in high-speed connectivity and cloud investment, positioning itself well for future growth.

Ciena reported Q4 revenue of $1.12 billion and a GAAP net income per share of $0.25. The company's CEO noted that the results reflect their technology leadership and positive industry dynamics, positioning them for future growth.

Ciena's Q3 2024 revenue was $942.3 million, compared to $1.07 billion in Q3 2023. GAAP net income was $14.2 million, or $0.10 per diluted share, while adjusted non-GAAP net income was $50.8 million, or $0.35 per diluted share.

Ciena reported Q2 2024 revenue of $910.8 million, a decrease compared to $1.13 billion in Q2 2023. The company's GAAP net loss was $(16.8) million, or $(0.12) per share, while adjusted non-GAAP net income was $39.4 million, or $0.27 per share.

Ciena's fiscal first quarter 2024 results showed a revenue of $1.04 billion and a GAAP net income per share of $0.34. The company's adjusted (non-GAAP) net income per share was $0.66.

Ciena reported strong fiscal fourth quarter results with revenue of $1.13 billion and net income per share of $0.62 GAAP and $0.75 non-GAAP. The company's annual revenue increased by 21%.

Ciena reported a 23% year-over-year increase in revenue for the fiscal third quarter of 2023, with strong performance across all regions. The company's GAAP net income was $29.7 million, or $0.20 per diluted common share, while adjusted (non-GAAP) net income was $89.1 million, or $0.59 per diluted common share.

Ciena's Q2 2023 revenue reached $1.13 billion, a 19.3% increase year-over-year. The company reported a GAAP net income of $57.7 million, or $0.38 per diluted share, and an adjusted (non-GAAP) net income of $110.4 million, or $0.74 per diluted share.

Ciena reported record revenue of $1.06 billion in Q1 2023, a 25% increase year-over-year, driven by improvements in the supply chain environment and strong customer demand. GAAP net income was $76.2 million, or $0.51 per diluted share, while non-GAAP net income was $95.6 million, or $0.64 per diluted share.

Ciena reported strong fiscal fourth quarter financial results, exceeding expectations due to favorable supply chain developments. The company's revenue was $971.0 million, and net income per share was $0.39 on a GAAP basis and $0.61 on a non-GAAP basis. Ciena expects to deliver outsized revenue growth in fiscal 2023, driven by a significant backlog and continued signs of gradual supply improvement.

Ciena reported revenue of $868.0 million for the fiscal third quarter 2022, compared to $988.1 million for the fiscal third quarter 2021. GAAP net income for the fiscal third quarter 2022 was $10.5 million, or $0.07 per diluted common share, compared to a GAAP net income of $238.2 million, or $1.52 per diluted common share, for the fiscal third quarter 2021. Adjusted (non-GAAP) net income for the fiscal third quarter 2022 was $49.0 million, or $0.33 per diluted common share, compared to an adjusted (non-GAAP) net income of $144.9 million, or $0.92 per diluted common share, for the fiscal third quarter 2021.

Ciena's Q2 2022 financial results showed a revenue of $949.2 million, a GAAP net income per share of $0.25, and an adjusted (non-GAAP) net income per share of $0.50. The company experienced 14% year-over-year revenue growth despite supply chain challenges and saw continued strength in order flow and backlog growth.

Ciena reported revenue of $844.4 million for the fiscal first quarter 2022, compared to $757.1 million for the fiscal first quarter 2021. GAAP net income for the fiscal first quarter 2022 was $45.8 million, or $0.29 per diluted common share, compared to a GAAP net income of $55.3 million, or $0.35 per diluted common share, for the fiscal first quarter 2021.

Ciena reported a strong Q4 with revenue of $1.04 billion, a 25.7% increase year-over-year, and GAAP net income per share of $0.66, up 41.7% year-over-year. The company's performance was driven by its ability to manage supply chain issues and continued execution of its strategy. Ciena's Board of Directors authorized a share repurchase program of up to $1.0 billion.

Ciena reported revenue of $988.1 million and a GAAP net income per share of $1.52 for the fiscal third quarter ended July 31, 2021. The company's results reflect continued momentum in the business and a differentiated position in the market.

Ciena reported Q2 2021 revenue of $833.9 million and GAAP net income of $103.1 million, or $0.66 per diluted share. The company saw encouraging signs in the market with improved customer spending.

Ciena's fiscal first quarter 2021 results showed a revenue of $757.1 million and a net income per share of $0.35 GAAP and $0.52 non-GAAP. The company faced challenging market conditions but maintained a strong market position.

Ciena reported Q4 revenue of $828.5 million and GAAP net income per share of $0.42. The company reinstituted its share repurchase program with the intent to resume purchases in the first quarter of 2021.

Ciena reported revenue of $976.7 million for the fiscal third quarter 2020, a 1.7% increase year over year. GAAP net income was $142.3 million, or $0.91 per diluted common share, compared to $86.7 million, or $0.55 per diluted common share, for the fiscal third quarter 2019. Adjusted (non-GAAP) net income was $166.4 million, or $1.06 per diluted common share, compared to $112.3 million, or $0.71 per diluted common share, for the fiscal third quarter 2019.

Ciena reported Q2 revenue of $894.1 million, a 3.4% increase year-over-year, and a GAAP net income of $91.7 million, or $0.59 per diluted common share. The company's success is attributed to its focus on innovation, diversification, and global scale.

Ciena reported a strong start to fiscal year 2020 with a 7% year-over-year increase in revenue, reaching $832.9 million. The company's GAAP net income was $62.3 million, or $0.40 per diluted common share, while adjusted (non-GAAP) net income was $81.7 million, or $0.52 per diluted common share.