CIEN Q1 2023 Earnings — Ciena Corporation Revenue & Financial Results | Market Cap Arena

CIENCiena Corporation

$49B

Q1 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$1.1B+25.1% YoY

Gross Profit

$426M40.3% margin

Operating Income

$92M8.7% margin

Net Income

$76M7.2% margin

EPS (Diluted)

$0.51

QoQ Revenue Growth

+8.8%

Cash Flow

Operating Cash Flow

-$266M

Free Cash Flow

-$296M

Stock-Based Comp.

$31M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$2.8B

Stockholders' Equity

$2.8B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$844M	+25.1%
Gross Profit	$426M	$352M	+21.2%
Operating Income	$92M	$63M	+45.0%
Net Income	$76M	$46M	+66.4%

Revenue Segments

Networking Platforms Segment

$855M81%

Global Services

$113M11%

Platform Software and Services Segment

$73M7%

Blue Planet Automation Software and Services Segment

$15M1%

Geographic Segments

North America

$765M72%

EMEA

$153M14%

Asia Pacific

$139M13%