Ciena (CIEN) gains as improving supply chain helps boost Q2 earnings

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Ciena Reports Fiscal Second Quarter 2023 Financial Results

June 6, 2023 7:00 AM EDT

HANOVER, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal second quarter ended April 29, 2023.

Q2 Revenue: $1.13 billion Q2 Net Income per Share: $0.38 GAAP; $0.74 adjusted (non-GAAP)

"We delivered outstanding results for the fiscal second quarter as we were able to ship more to customers with continued improvements in supply chain dynamics," said Gary Smith, president and CEO of... More