Q2 2021 Earnings

Technology Communication Equipment

Income Statement

Revenue

$834M-6.7% YoY

Gross Profit

$382M45.8% margin

Operating Income

$142M17.0% margin

Net Income

$103M12.4% margin

EPS (Diluted)

$0.66

QoQ Revenue Growth

+10.1%

Cash Flow

Operating Cash Flow

$225M

Free Cash Flow

$194M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$4.4B

Total Liabilities

$1.7B

Stockholders' Equity

$2.7B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$834M	$894M	-6.7%
Gross Profit	$382M	$385M	-0.7%
Operating Income	$142M	$133M	+7.1%
Net Income	$103M	$92M	+12.5%

Revenue Segments

Converged Packet Optical

$574M69%

Maintenance Support And Training

$70M8%

Packet Networking

$64M8%

Platform Software and Services

$57M7%

Installation And Deployment

$38M5%

Blue Planet Automation Software and Services

$24M3%

Consulting And Network Design

$8M1%

Geographic Segments

Americas

$587M70%

EMEA

$155M19%

Asia Pacific

$91M11%