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Technology Stocks : Ciena (CIEN)
CIEN 50.84-1.6%Sep 21 4:00 PM EDT

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From: JakeStraw12/13/2018 8:09:37 AM
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Ciena Reports Fiscal Fourth Quarter 2018 and Year-End Financial Results
Q4 Revenue: $899.4 million, increasing 20.8% year over year
Q4 Net Income per Share: $0.34 GAAP; $0.53 adjusted (non-GAAP)
Share Repurchases: Repurchased approximately 1.3 million shares of common stock for an aggregate price of $36.2 million during the quarter

“We achieved outstanding financial results in our fourth quarter and fiscal 2018 due to continued execution of our proven strategy," said Gary B. Smith, president and CEO, Ciena. "The combination of our innovation strength, successful interception of market trends and sustained ability to take share and outperform the market, along with a thriving industry environment, gives us tremendous confidence in both the near and longer term outlook for our business.”
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