secwatch.observer — SEC 8-K summary
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Issuer:     CIENA CORP (CIEN)
CIK:        0000936395
Form:       8-K
Filed at:   2021-12-09T23:59:59+00:00
Accession:  0000936395-21-000048
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Ciena Q4 revenue up 25.7% YoY to $1.04B; adjusted EPS $0.85, +41.7%; authorizes $1B buyback
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- Revenue of $1.0415B, up 25.7% YoY; full-year revenue $3.62B, up 2.5%.
- GAAP net income $103.5M ($0.66/diluted share); adjusted net income $132.7M ($0.85/diluted share).
- Board authorized repurchase of up to $1.0B of common stock, replacing prior program; intends $250M accelerated share repurchase.
- Cash flow from operations $254.9M in Q4; cash and investments $1.7B.
- Networking Platforms revenue $828.8M, 79.6% of total; Americas revenue $748.7M (71.9% of total).

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/936395/000093639521000048/0000936395-21-000048-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/936395/000093639521000048/cien-20211209.htm
  HTML page:      https://secwatch.observer/filing/0000936395-21-000048

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer