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 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.
