Ciena (CIEN) Tops Q1 EPS by 7c, Revenues Beat

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Ciena Reports Fiscal First Quarter 2021 Financial Results

March 4, 2021 7:00 AM EST

HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal first quarter ended January 30, 2021.

Q1 Revenue: $757.1 million Q1 Net Income per Share: $0.35 GAAP; $0.52 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 0.3 million shares of common stock for an aggregate price of $13.2 million during the quarter

"We delivered solid revenue and profitability in... More