Ciena Reports Fiscal Fourth Quarter 2021 and Year-End Financial Results
Board Authorizes Share Repurchase up to $1.0 Billion
Ciena® Corporation (NYSE: CIEN), a networking systems, services and software company, today announced unaudited financial results for its fiscal fourth quarter and year ended October 30, 2021.
- Q4 Revenue: $1.04 billion, increasing 25.7% year over year
- Q4 Net Income per Share: $0.66 GAAP; $0.85 adjusted (non-GAAP), increasing 41.7% year over year
- Share Repurchases: Repurchased approximately 0.5 million shares of common stock for an aggregate price of $26.7 million during the fourth quarter