Ciena Corporation reported earnings results for the fourth quarter and full year ended October 29, 2022. For the fourth quarter, the company reported revenue was USD 971.01 million compared to USD 1,041.49 million a year ago. Net income was USD 57.65 million compared to USD 103.5 million a year ago. Basic earnings per share from continuing operations was USD 0.39 compared to USD 0.67 a year ago. Diluted earnings per share from continuing operations was USD 0.39 compared to USD 0.66 a year ago.
For the full year, revenue was USD 3,632.66 million compared to USD 3,620.68 million a year ago. Net income was USD 152.9 million compared to USD 500.2 million a year ago. Basic earnings per share from continuing operations was USD 1.01 compared to USD 3.22 a year ago. Diluted earnings per share from continuing operations was USD 1 compared to USD 3.19 a year ago.