Ciena Q3 Earnings: Revenue And EPS Beat, Operating Margin Decline, CFO Retirement And More

Ciena Corp (NYSE:CIEN) reported a fiscal third-quarter 2024 revenue decline of 11.8% year-on-year to $942.3 million, beating the analyst consensus estimate of $927.2 million.

The American telecommunications networking equipment and software services supplier reported an adjusted EPS of $0.35, beating the analyst consensus estimate of $0.26.

Segments: Total Networking Platforms revenue declined by 17.4% Y/Y to $699.5 million, and Total Global Services increased by ...