Ciena (CIEN) Revenue — Quarter Ended Oct 28, 2023
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The trailing twelve-month revenue also reflected a positive trend.
Key takeaway
Quarter ended Oct 28, 2023 · FY2023 Q4
Revenue for the quarter increased compared to both the prior quarter and the same quarter last year. The trailing twelve-month revenue also reflected a positive trend.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1.1B
Revenue reported for this quarter.
Quarter-over-quarter
+5.8%
Change from the immediately preceding quarter.
Year-over-year
+16.3%
Change from the comparable year-ago quarter.
Trailing four quarters
$4.4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Jan 28, 2023 | $1.1B | +25.1% |
| Apr 29, 2023 | $1.1B | +19.3% |
| Jul 29, 2023 | $1.1B | +23.0% |
| Oct 28, 2023 | $1.1B | +16.3% |
Revenue performance
The reported revenue direction was upward, with growth over the immediate preceding quarter and a larger increase compared to the same period one year earlier.
Quarterly comparison
Compared to the immediately preceding quarter, revenue rose. When measured against the same quarter one year ago, the increase was more pronounced.
What to watch
The consistent revenue growth over recent quarters merits attention in future periods.