Ciena Corporation (NASDAQ: CIEN), today reported revenue of $134.3 million for its first fiscal quarter ended January 31, 1998. This compares with $53.9 million in revenue reported for the first fiscal quarter of 1997 and $121 million for the previous quarter ended October 31, 1997. Net income for the…

…networks.  And that network upgrade cycle is still in the very early stages.”   That?s a quote from Ciena CEO Gary Smith during Ciena?s fiscal 3Q10 financial results conference call yesterday morning (you can hear an archive of the event here), and it’s one of several comments during…

…Ciena?s president and CEO. "Historically, our first fiscal quarter has benefited from the start of the new calendar year and the corresponding renewal of service providers? capital expense budgets. However, even now, a month into the new calendar year, our customers? capital budgets and deployment plans…

…order of more than $25 million from an existing customer. Additionally, we believe the anticipated change to calendar quarter reporting resulted in some shifting of orders out of the fiscal third quarter." Nettles continued, "Turning to the bottom line, during the third quarter our gross margins were…

…announced unaudited results for its fiscal fourth quarter and year ended October 31, 2009. For the fiscal fourth quarter 2009, Ciena reported revenue of $176.3 million, representing a 7% sequential increase from fiscal third quarter 2009 revenue of $164.8 million. For the fiscal year 2009, Ciena reported revenue…

…the network specialist, today announced unaudited results for its fiscal third quarter ended July 31, 2009. Revenue for the fiscal third quarter 2009 totaled $164.8 million, representing a 14% sequential improvement compared to fiscal second quarter 2009 revenue of $144.2 million. On the basis of generally…

…however, as has been typical of our business at the end of a calendar year, there is limited visibility much beyond the current quarter. While it appears that Ciena may be on track to resume modest sequential revenue growth in the first fiscal quarter, we continue to encourage conservative expectations…

…greater mix of international and solutions-oriented sales. When combined with the impact of the seasonality of our business and the calendar timing of our first fiscal quarter, this trend had a more significant effect than previously anticipated, and resulted in revenue recognition delays on a few solutions…

…announced that Joseph Chinnici, senior vice president, finance and chief financial officer, plans to resign from his position by the end of the current calendar year. The Company announced it has begun a search for his successor. “With Ciena’s return to profitability and steady progress toward…

…shipping more than $50 million of CoreDirector systems in the calendar year to service providers like Genuity and Broadwing, both of which recently announced initial deployments of this intelligent optical switching system. By the end of its fiscal first quarter, Ciena expects to have made commercial shipments…