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Home » Ciena reports revenue of $707.0 million, up 10% YoY

Ciena reports revenue of $707.0 million, up 10% YoY

June 1, 2017
in All, Optical
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Ciena reported revenue of $707.0 million for its fiscal second quarter 2017,  as compared to $640.7 million for the same period last year. Net income (GAAP) for the fiscal second quarter 2017 was $38.0 million, or $0.25 per diluted common share, which compares to a GAAP net income of $14.0 million, or $0.10 per diluted common share, for the fiscal second quarter 2016.

“We delivered outstanding second quarter performance across all financial metrics, underpinned by positive market dynamics and a growing competitive advantage,” said Gary B. Smith, president and CEO, Ciena. “We continue to win as an innovation powerhouse with global scale and deep customer relationships across a broad set of applications and market segments.”

http://www.ciena.com/about/newsroom/press-releases/Ciena-Reports-Fiscal–Second-Quarter-2017—Financial–Results.html

Tags: Blueprint columnsCienaFinancials
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