Benzinga | Dec 9, 2021 09:46PM EST

Ciena: Q4 Earnings Insights



Ciena (NYSE:CIEN) reported its Q4 earnings results on Thursday, December 9, 2021 at 07:00 AM.

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

Earnings

Ciena reported in-line EPS of $0.85 versus an estimate of $0.85, which did not surprise analysts.

Revenue was up $212,520,000.00 from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13, which was followed by a 2.72% drop in the share price the next day.

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



Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020EPS Estimate 0.79 0.48 0.45 0.63EPS Actual 0.92 0.62 0.52 0.60Revenue Estimate 971.56M 829.27M 749.55M 825.36MRevenue Actual 988.14M 833.93M 757.13M 828.48M

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