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Oct 31, 2020
Ciena Q4 2020 Earnings Report
Ciena's Q4 2020 performance demonstrated innovation, diversification, and global scale in a challenging environment.
Key Takeaways
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.
Q4 revenue was $828.5 million.
GAAP net income per share was $0.42, while adjusted (non-GAAP) net income per share was $0.60.
The company is reinstituting its share repurchase program.
Ciena believes it has the innovation, diversification and global scale to perform well in a challenging environment.
Revenue by Segment
Forward Guidance
While the company expects current market conditions to persist in the near-term, they are confident in strong secular demand dynamics and their ability to continue to outperform the market.
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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