NYSE$CIEN
Ciena Corp · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Ciena's Q4 2020 performance demonstrated innovation, diversification, and global scale in a challenging environment.
Ciena reported Q4 revenue of $828.5 million and GAAP net income per share of $0.42. The company reinstituted its share repurchase program with the intent to resume purchases in the first quarter of 2021.
- Q4 revenue was $828.5 million.
- GAAP net income per share was $0.42, while adjusted (non-GAAP) net income per share was $0.60.
- The company is reinstituting its share repurchase program.
- Ciena believes it has the innovation, diversification and global scale to perform well in a challenging environment.
Headline financials
Revenue & EPS history
Ciena · Revenue · Quarterly
$828M
Revenue by segment
Ciena · $829M total across 7 segments · Q4 2020
- Optical Networking$579M-13.0%69.9%
- Maintenance, Support, and Learning$67M+2.6%8.1%
- Routing and Switching$56M-57.5%6.8%
- Platform Software and Services$54.5M+32.3%6.6%
- Implementation$43M+17.8%5.2%
- Blue Planet Automation Software and Services$20.9M+25.9%2.5%
- Advisory and Enablement$7.8M-27.1%0.9%
Forward guidance
While the company expects current market conditions to persist in the near-term, they are confident in strong secular demand dynamics and their ability to continue to outperform the market.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 19 quarterly earnings reports · overlaid with Q4 2020
+1.5%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+3.7%
Avg return
30 days after
51%
35 / 69 earnings
Positive
+26.1%
Q2 2019
Best reaction
-26.3%
Q3 2020
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q2 2026 | -13.8% | -29.5% | — | |
| Q1 2026 | -12.9% | -1.8% | +30.3% | |
| Q4 2025 | +9.4% | -5.4% | +3.9% | |
| Q3 2025 | +22.8% | +28.9% | +59.7% | |
| Q2 2025 | -0.4% | +1.0% | +15.0% | |
| Q1 2025 | -2.4% | -2.6% | -10.9% | |
| Q4 2024 | +22.6% | +20.4% | +12.3% | |
| Q3 2024 | -5.3% | -7.0% | +20.5% | |
| Q2 2024 | -5.2% | -4.8% | -3.0% | |
| Q1 2024 | -12.4% | -16.9% | -23.2% | |
| Q4 2023 | -3.1% | -4.8% | +1.5% | |
| Q3 2023 | +12.3% | +11.1% | +9.5% | |
| Q2 2023 | -8.9% | -12.9% | -10.8% | |
| Q1 2023 | +0.8% | +0.9% | +5.6% | |
| Q4 2022 | +17.4% | +17.0% | +18.9% | |
| Q3 2022 | -12.8% | -15.8% | -20.3% | |
| Q2 2022 | -5.1% | -5.3% | -11.1% | |
| Q1 2022 | -11.7% | -16.6% | -11.8% | |
| Q4 2021 | +17.9% | +18.9% | +17.4% | |
| Q3 2021 | +0.1% | -2.2% | -8.2% | |
| Q2 2021 | +10.3% | +11.1% | +6.5% | |
| Q1 2021 | -2.0% | -0.2% | +11.9% | |
| Q4 2020 | +1.3% | +2.9% | +12.2% | |
| Q3 2020 | -26.3% | -29.9% | -33.2% | |
| Q2 2020 | -3.6% | -2.2% | -5.4% | |
| Q1 2020 | -1.3% | -2.6% | -3.1% | |
| Q4 2019 | +16.9% | +15.5% | +17.6% | |
| Q3 2019 | -4.1% | -3.8% | -8.7% | |
| Q2 2019 | +26.1% | +22.7% | +19.8% | |
| Q1 2019 | -6.6% | -8.9% | -12.4% | |
| Q4 2018 | +7.5% | +3.2% | +14.1% | |
| Q3 2018 | +15.6% | +17.4% | +14.4% | |
| Q2 2018 | -2.7% | +0.2% | +10.2% | |
| Q1 2018 | +13.2% | +15.8% | +8.8% | |
| Q4 2017 | -1.1% | +1.9% | +1.7% | |
| Q3 2017 | -9.1% | -10.6% | -9.5% | |
| Q2 2017 | +17.1% | +13.1% | +6.6% | |
| Q1 2017 | -9.5% | -11.1% | -16.1% | |
| Q4 2016 | +14.2% | +10.6% | +12.0% | |
| Q3 2016 | +6.7% | +7.1% | +1.6% | |
| Q2 2016 | +18.4% | +22.5% | +4.0% | |
| Q1 2016 | -16.6% | — | — | |
| Q4 2015 | -17.8% | — | — | |
| Q3 2015 | +0.1% | — | — | |
| Q2 2015 | +2.3% | — | — | |
| Q1 2015 | +2.2% | — | — | |
| Q4 2014 | +6.8% | — | — | |
| Q3 2014 | -5.3% | — | — | |
| Q2 2014 | +17.1% | — | — | |
| Q1 2014 | -5.2% | — | — | |
| Q4 2013 | -5.4% | — | — | |
| Q3 2013 | +13.9% | — | — | |
| Q2 2013 | +21.1% | — | — | |
| Q1 2013 | +14.8% | — | — | |
| Q4 2012 | +0.9% | — | — | |
| Q3 2012 | -18.2% | — | — | |
| Q2 2012 | +6.7% | — | — | |
| Q1 2012 | +10.0% | — | — | |
| Q4 2011 | +7.3% | — | — | |
| Q3 2011 | -8.6% | — | — | |
| Q2 2011 | -6.2% | — | — | |
| Q1 2010 | +2.5% | — | — | |
| Q1 2011 | -1.9% | — | — | |
| Q2 2010 | -5.0% | — | — | |
| Q4 2008 | -5.0% | — | — | |
| Q4 2010 | -5.0% | — | — | |
| Q3 2010 | +3.6% | — | — | |
| Q4 2009 | +3.6% | — | — | |
| Q3 2009 | +3.6% | — | — |
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