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Ciena lifts revenues 7.6%, profit to over USD 80 mln in strong Q4

Thursday 12 December 2019 | 13:58 CET | News
Ciena said revenues for the fourth quarter rose 7.6 percent from the year before to USD 968 million and that the net profit lifted to USD 80.3 million or USD 0.51 per share, from 64 million and 0.34 per share. The adjusted net profit advanced meanwhile to USD 90.4 million or USD 0.58 per share, from 81 million and 0.53 per share. CEO Gary Smith said the quarter capped an "extraordinary" year of growth and profitability and that earnings per share growth should be sustained in 2020.

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Categories: Fixed
Companies: Ciena
Countries: World
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