Ciena Q1 revenue rises 3.3% to $1.07 billion; GAAP profit falls to $44.6 million
Ciena reported fiscal first quarter 2025 revenue of $1.07 billion, up from $1.04 billion a year earlier, but GAAP net income fell to $44.6 million, or $0.31 per diluted share, from $49.5 million, or $0.34. Adjusted (non-GAAP) earnings were $0.64 per share versus $0.66, and the company repurchased about 1.0 million shares for $79.2 million during the quarter. The filing does not include new guidance; management said it is very confident in its ability to deliver in fiscal year 2025 and beyond.
Key points
- Revenue of $1.07 billion, up 3.3% from $1.04 billion in the prior-year quarter
- GAAP diluted EPS of $0.31 vs. $0.34; adjusted diluted EPS of $0.64 vs. $0.66
- Adjusted operating margin of 12.3% vs. 13.2%; operating cash flow of $103.7 million
- Repurchased about 1.0 million shares for $79.2 million during the quarter
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 11, 2025.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.