Ciena: Q2 Earnings Insights

Ciena CIEN reported its Q2 earnings results on Tuesday, June 6, 2023 at 07:00 AM.

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

Earnings

Ciena beat estimated earnings by 21.31%, reporting an EPS of $0.74 versus an estimate of $0.61.

Revenue was up $183.77 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.28 which was followed by a 2.75% drop in the share price the next day.

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

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.