Q2 2020 Earnings

Technology Communication Equipment

Income Statement

Revenue

$894M+3.4% YoY

Gross Profit

$385M43.0% margin

Operating Income

$133M14.8% margin

Net Income

$92M10.3% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

+7.3%

Cash Flow

Operating Cash Flow

$91M

Free Cash Flow

$73M

Stock-Based Comp.

$18M

Balance Sheet

Total Assets

$3.9B

Total Liabilities

$1.6B

Stockholders' Equity

$2.2B

Cash & Equivalents

$888M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$894M	$865M	+3.4%
Gross Profit	$385M	$348M	+10.7%
Operating Income	$133M	$86M	+55.2%
Net Income	$92M	$53M	+73.8%

Revenue Segments

Converged Packet Optical

$654M73%

Maintenance Support And Training

$71M8%

Packet Networking

$64M7%

Platform Software and Services

$45M5%

Installation And Deployment

$34M4%

Blue Planet Automation Software and Services

$15M2%

Consulting And Network Design

$10M1%

Geographic Segments

Americas

$650M73%

EMEA

$141M16%

Asia Pacific

$102M11%