Ciena Corporation reports results for the quarter ended April 30 - Earnings Summary

Ciena

03/09/2026 14:31

Ciena Corporation CIEN.N reported quarterly adjusted earnings of $2.11​​ per share for the quarter ended April 30, higher than the same quarter last year, when the company reported EPS of 67 cents.  The mean expectation of seventeen analysts for the quarter was for earnings of $1.46 per share. Wall Street expected results to range from $1.39  to $1.55 per share.
Revenue rose 39.5% to $1.57 billion from a year ago; analysts expected $1.51 billion. 
Ciena Corporation's reported EPS for the quarter was $1.49​.
The company reported quarterly net income of $218.22 million.
Ciena Corporation shares had fallen by 27.8% this quarter and gained 51.4% so far this year.
FORECAST CHANGES
The mean earnings estimate of analysts was unchanged in the last three months.​ 
In the last 30 days, there have been no negative revisions of earnings estimates
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 14 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the communications & networking peer group is also "buy" 
Wall Street's median 12-month price target for Ciena Corporation is $562.50, about 37% above its last closing price of $354.16
This summary was machine generated from LSEG data September 3 at 01:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Apr. 30 2026 
1.46
1.64
Beat
Jan. 31 2026 
1.46
1.35
Missed
Oct. 31 2025 
1.17
1.35
Beat
Oct. 31 2025 
0.53
0.91
Beat