Ciena: Q2 Earnings Insights


Ciena CIEN reported its Q2 earnings results on Thursday, June 2, 2022 at 07:00 AM.

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


Ciena missed estimated earnings by 7.41%, reporting an EPS of $0.5 versus an estimate of $0.54.

Revenue was up $115.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 0.92% drop in the share price the next day.

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


Quarter Q1 2022 Q4 2021 Q3 2021 Q2 2021
EPS Estimate 0.45 0.85 0.79 0.48
EPS Actual 0.47 0.85 0.92 0.62
Revenue Estimate 856.85M 1.03B 971.56M 829.27M
Revenue Actual 844.44M 1.04B 988.14M 833.93M

To track all earnings releases for Ciena visit their earnings calendar here.

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


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Posted In: EarningsNewsBZI-Recaps