CIENA CORP Earnings Per Share Disclosure
| Year Ended | |||||||||||||||||
| November 1, 2025 | November 2, 2024 | October 28, 2023 | |||||||||||||||
| Net income | $ | 123,338 | $ | 83,956 | $ | 254,827 | |||||||||||
| Basic weighted average shares outstanding | 142,221 | 144,715 | 148,971 | ||||||||||||||
| Effect of dilutive potential common shares | 3,027 | 1,249 | 409 | ||||||||||||||
| Diluted weighted average shares outstanding | 145,248 | 145,964 | 149,380 | ||||||||||||||
| Basic EPS | $ | 0.87 | $ | 0.58 | $ | 1.71 | |||||||||||
| Diluted EPS | $ | 0.85 | $ | 0.58 | $ | 1.71 | |||||||||||
| Anti-dilutive stock unit awards excluded | 1,004 | 1,057 | 2,675 | ||||||||||||||
Historical Timeline
| Fiscal Year | Filed | |
|---|---|---|
| 2025 | Dec 12, 2025 | Showing above |
| 2024 | Dec 20, 2024 | |
| 2023 | Dec 15, 2023 | |
| 2022 | Dec 16, 2022 | |
| 2021 | Dec 17, 2021 | |
About Earnings Per Share Disclosures
The earnings per share disclosure breaks down the calculation from net income to both basic and diluted EPS, revealing the full impact of a company's capital structure on per-share economics. The reconciliation between basic and diluted share counts exposes how many stock options, RSUs, convertible securities, and warrants are potentially dilutive to existing shareholders.
Key signals: a widening gap between basic and diluted shares indicates growing dilution from equity compensation or convertible instruments. Anti-dilutive securities excluded from the diluted calculation deserve attention — they represent latent dilution that will materialize if the stock price rises. Watch for the effect of share buybacks on per-share metrics: EPS growth driven primarily by repurchases rather than income growth signals weakening fundamentals. Compare year-over-year changes in the diluted share count against equity compensation expense to assess whether management is effectively managing dilution.