Ciena: Q1 Earnings Insights

Ciena CIEN reported its Q1 earnings results on Monday, March 7, 2022 at 07:00 AM.

Here's what investors need to know about the announcement.

Earnings

Ciena beat estimated earnings by 4.44%, reporting an EPS of $0.47 versus an estimate of $0.45.

Revenue was up $87.31 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.0 which was followed by a 1.97% increase in the share price the next day.

Here's a look at Ciena's past performance:

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This article was generated by Benzinga's automated content engine and reviewed by an editor.