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Jan 27, 2024
Ciena Q1 2024 Earnings Report
Ciena reported solid first quarter results with strong profitability, expanded cloud provider relationships, and market share gains.
Key Takeaways
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.
Q1 revenue was $1.04 billion.
GAAP net income per share was $0.34.
Adjusted (non-GAAP) net income per share was $0.66.
Approximately 691 thousand shares were repurchased for $32.0 million during the quarter.
Ciena
Ciena
Ciena Revenue by Segment
Ciena Revenue by Geographic Location
Revenue by Segment
Optical Networking Revenue
CapyFin.comRouting & Switching Revenue
CapyFin.comPlatform Software & Svcs Revenue
CapyFin.comBlue Planet Software Revenue
CapyFin.comMaintenance & Training Revenue
CapyFin.comInstall & Deployment Revenue
CapyFin.comConsulting & Design Revenue
CapyFin.comRevenue by Geographic Location
Americas Revenue
CapyFin.comEMEA Revenue
CapyFin.comAPAC Revenue
CapyFin.com Forward Guidance
Ciena anticipates continued growth driven by bandwidth demand, but service providers are taking longer than expected to work through inventory.
Revenue & Expenses
Visualization of income flow from segment revenue to net income