Categories: Market News

Ciena Corporation (CIEN): Q1 2020 Earnings Snapshot

— Ciena Corporation (NYSE: CIEN) reported Q1 2020 earnings of $0.52 per share, vs. $0.38 expected.

— Revenues grew 7% to $832.9 million, vs. $819.7 million expected.

— Networking Platforms revenues were $659 million.

— Platform Software and Services revenues were $51.9
million.

— Blue Planet Automation Software and Services revenues
were $15.5 million.

— Global Services revenues were $106.5 million.

— Revenues from the Americas totaled $574 million.

— Revenues from Europe, Middle East and Africa amounted to $130 million.

— Revenues from Asia Pacific were $128.9 million.

— Cash and investments totaled $957.4 million.

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