---
schema_version: "secwatch.filing_event.v1"
accession: "0000936395-22-000024"
form_type: "8-K"
ticker: "CIEN"
cik: "0000936395"
company_name: "CIENA CORP"
filed_at: "2022-03-07T23:59:59+00:00"
generated_at: "2026-06-27T01:23:50.321826+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Ciena Q1 revenue up 11.5% to $844M; GAAP EPS $0.29, adj EPS $0.47, margins down YoY

## Summary
- Revenue $844.4M (+11.5% YoY); GAAP net income $45.8M ($0.29 diluted EPS) vs $55.3M ($0.35) YoY.
- Adjusted net income $72.6M ($0.47 diluted EPS) vs $81.3M ($0.52) YoY; adj gross margin 46.2% down from 48.0%.
- Americas revenue $595.1M (70.5% of total); one customer accounted for 13.1% of revenue.
- Entered $250M ASR; completed in Q2 with ~3.6M shares repurchased. Cash and investments $1.7B.
- CEO cites strong orders growth; expects supply chain capacity improvement in H2.

## SEC filing metadata
- accession: 0000936395-22-000024
- form_type: 8-K
- ticker: CIEN
- cik: 0000936395
- company_name: CIENA CORP
- filed_at: 2022-03-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/936395/000093639522000024/0000936395-22-000024-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/936395/000093639522000024/cien-20220307.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000936395-22-000024
- JSON: https://secwatch.observer/filing/0000936395-22-000024.json
- Plain text: https://secwatch.observer/filing/0000936395-22-000024.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.