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Jan 30, 2021
Ciena Q1 2021 Earnings Report
Ciena reported solid revenue and profitability despite challenging market conditions, leveraging innovation for long-term growth.
Key Takeaways
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.
Delivered solid revenue and profitability in the first fiscal quarter.
Maintained strong market position despite challenging market conditions.
Leveraged innovation leadership and competitive advantage for long-term growth.
Repurchased approximately 0.3 million shares of common stock for $13.2 million during the quarter.
Revenue by Segment
Forward Guidance
Ciena's management will host a discussion with investors and financial analysts that will include the Company's outlook.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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