Ciena Q4 revenue $1.13B, up 16% YoY; GAAP EPS $0.62, adjusted $0.75; annual rev up 21%

CIENA CORP

2023-FY EPS reported $1.71 revenue$4,386,549,000

Q4 revenue $1.13B (vs $971M prior year); GAAP net income $91.2M ($0.62/share), adjusted net income $111.2M ($0.75/share).
Fiscal 2023 revenue $4.39B, up 20.8% YoY; GAAP EPS $1.71, adjusted EPS $2.72.
Optical Networking segment revenue $748M (66.2% of total); Routing and Switching $129M (11.4%).
Repurchased ~4.2M shares for $188.8M during Q4; cash and investments ended at $1.25B.
Two customers combined for 29.7% of Q4 revenue; headcount 8,483.

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 0.9

CIENA CORP reported fiscal fourth quarter ended October 28, 2023 results: revenue $1.13 billion, net income $0.62 per diluted common share, EPS $0.62 per diluted common share.

Period: fiscal fourth quarter ended October 28, 2023
Revenue: $1.13 billion
Net income: $0.62 per diluted common share
EPS: $0.62 per diluted common share
Result: reported results

Exact text from the filing

Ciena Reports Fiscal Fourth Quarter 2023 Financial Results Annual revenue increased 21% HANOVER, Md. - December 7, 2023 - Ciena ® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal fourth quarter ended October 28, 2023. • Q4 Revenue : $1.13 billion • Q4 Net Income per Share: $0.62 GAAP; $0.75 adjusted (non-GAAP)

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

CIENA CORP filing history →

Source: SEC EDGAR

accession 0000936395-23-000041

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