Ciena delivers 10% YoY revenue growth

Ciena Corp. (NYSE: CIEN) reported fiscal second quarter 2014 revenue of USD560.0m as compared to USD507.7m for the fiscal second quarter 2013.

On the basis of generally accepted accounting principles, Ciena´s net loss for the fiscal second quarter 2014 was USD(10.2)m, or USD(0.10) per common share, which compares to a GAAP net loss of USD(27.1)m, or USD(0.27) per common share, for the fiscal second quarter 2013.

Ciena´s adjusted (non-GAAP) net income for the fiscal second quarter 2014 was USD19.4m, or USD0.17 per diluted common share, which compares to an adjusted (non-GAAP) net income of USD2.2m, or USD0.02 per diluted common share, for the fiscal second quarter 2013.

Ciena is a network specialist. Follow the company on Twitter @Ciena or on LinkedIn at http://www.linkedin.com/company/ciena.

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