Ciena Q4 revenue $971M, down 6.8% YoY; GAAP EPS $0.39, adjusted $0.61; sees FY23 growth

CIENA CORP

2022-FY EPS reported $1.00 revenue$3,632,661,000

Q4 revenue $971M, below prior year $1.04B; FY2022 revenue $3.63B flat YoY.
GAAP net income $57.6M ($0.39/share) vs $103.5M ($0.66) prior year; adjusted $90.9M ($0.61).
Converged Packet Optical revenue $649.9M (66.9% of total) vs $754.6M; Routing & Switching $102.8M.
GAAP gross margin 44.7% (down 110bps YoY); adjusted gross margin 45.2%.
CEO expects outsized revenue growth in FY2023 driven by strong backlog and gradual supply improvements.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

CIENA CORP reported fiscal fourth quarter 2022 results: revenue $971.0 million, net income $57.6 million, EPS $0.39 per diluted common share.

Period: fiscal fourth quarter 2022
Revenue: $971.0 million
Net income: $57.6 million
EPS: $0.39 per diluted common share
Result: reported results

Exact text from the filing

For fiscal fourth quarter 2022, Ciena reported revenue of $971.0 million as compared to $1.04 billion for the fiscal fourth quarter 2021. For fiscal year 2022, Ciena reported revenue of $3.63 billion, as compared to $3.62 billion for fiscal year 2021. Ciena's GAAP net income for the fiscal fourth quarter 2022 was $57.6 million, or $0.39 per diluted common share

View on SEC.gov

51 earnings releases filed in the last 30 days. Browse all earnings releases →

CIENA CORP filing history →

Source: SEC EDGAR

accession 0000936395-22-000058

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.