Ciena: Q4 Earnings Insights

Ciena 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.

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.

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 2020
EPS Estimate	0.79	0.48	0.45	0.63
EPS Actual	0.92	0.62	0.52	0.60
Revenue Estimate	971.56M	829.27M	749.55M	825.36M
Revenue 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.

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