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Stock impact report

Ciena Reports Fiscal Fourth Quarter 2024 Financial Results [Yahoo! Finance]

Ciena Corporation (CIEN) 
Last ciena corporation earnings: 3/5 07:00 am Check Earnings Report
Company Research Source: Yahoo! Finance
The company's GAAP net income was $37.0 million, or $0.25 per diluted common share, compared to $91.2 million, or $0.62 per diluted common share, in the same period last year. Ciena's adjusted (non-GAAP) net income was $79.3 million, or $0.54 per diluted common share. The company also reported cash and investments of $1.33 billion and cash flow from operations of $349.3 million for the quarter. Ciena's CEO, Gary Smith, stated that the company is positioned for accelerated revenue growth and market share expansion due to its technology leadership and positive industry dynamics. HANOVER, Md., December 12, 2024 BUSINESS WIRE Ciena ® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal fourth quarter ended November 2, 2024. Q4 Revenue : $1.12 billion Q4 Net Income per Share: $0.25 GAAP; $0.54 adjusted (non-GAAP) Share Repurchases: Repurchased approximately 2.1 million shares of common stock for an Show less Read more
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