Ciena Q4 2020 Earnings Report
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.
Ciena
Ciena
Ciena Revenue by Segment
Ciena Revenue by Geographic Location
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