Q1 2020 Earnings

Technology Communication Equipment

Income Statement

Revenue

$833M+7.0% YoY

Gross Profit

$339M40.7% margin

Operating Income

$84M10.1% margin

Net Income

$62M7.5% margin

EPS (Diluted)

$0.40

QoQ Revenue Growth

-14.0%

Cash Flow

Operating Cash Flow

$40M

Free Cash Flow

$13M

Stock-Based Comp.

$16M

Balance Sheet

Total Assets

$3.8B

Total Liabilities

$1.6B

Stockholders' Equity

$2.2B

Cash & Equivalents

$837M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$833M	$779M	+7.0%
Gross Profit	$339M	$296M	+14.4%
Operating Income	$84M	$52M	+62.6%
Net Income	$62M	$34M	+85.4%

Revenue Segments

Converged Packet Optical

$592M71%

Packet Networking

$68M8%

Maintenance Support And Training

$62M7%

Platform Software and Services

$52M6%

Installation And Deployment

$35M4%

Blue Planet Automation Software and Services

$15M2%

Consulting And Network Design

$10M1%

Geographic Segments

Americas

$574M69%

EMEA

$130M16%

Asia Pacific

$129M15%