Ciena CIEN reported its Q3 earnings results on Thursday, September 1, 2022 at 07:00 AM.
Here's what investors need to know about the announcement.
Earnings
Ciena reported in-line EPS of $0.33 versus an estimate of $0.33.
Revenue was down $120.16 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 3.83% drop in the share price the next day.
Here's a look at Ciena's past performance:
Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
---|---|---|---|---|
EPS Estimate | 0.54 | 0.45 | 0.85 | 0.79 |
EPS Actual | 0.50 | 0.47 | 0.85 | 0.92 |
Revenue Estimate | 950.83M | 856.85M | 1.03B | 971.56M |
Revenue Actual | 949.23M | 844.44M | 1.04B | 988.14M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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