Ciena: Q1 Earnings Insights

Ciena CIEN reported its Q1 earnings results on Monday, March 7, 2022 at 07:00 AM.

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

Ciena beat estimated earnings by 4.44%, reporting an EPS of $0.47 versus an estimate of $0.45.

Revenue was up $87.31 million from the same period last year.

Last quarter the company missed on EPS by $0.0 which was followed by a 1.97% increase in the share price the next day.

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

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.85	0.79	0.48	0.45
EPS Actual	0.85	0.92	0.62	0.52
Revenue Estimate	1.03B	971.56M	829.27M	749.55M
Revenue Actual	1.04B	988.14M	833.93M	757.13M

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

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