CIEN Q2 2024 Earnings — Ciena Corporation Revenue & Financial Results | Market Cap Arena

CIENCiena Corporation

$49B

Q2 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$911M-19.6% YoY

Gross Profit

$358M39.3% margin

Operating Income

$12M1.3% margin

Net Income

-$17M-1.8% margin

EPS (Diluted)

$-0.12

QoQ Revenue Growth

-12.2%

Cash Flow

Operating Cash Flow

$58M

Free Cash Flow

$41M

Stock-Based Comp.

$40M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$2.7B

Stockholders' Equity

$2.9B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$911M	$1.1B	-19.6%
Gross Profit	$358M	$454M	-21.3%
Operating Income	$12M	$112M	-89.5%
Net Income	-$17M	$58M	-129.2%

Revenue Segments

Networking Platforms Segment

$676M74%

Global Services

$135M15%

Platform Software and Services Segment

$85M9%

Blue Planet Automation Software and Services Segment

$14M2%

Geographic Segments

North America

$663M73%

EMEA

$156M17%

Asia Pacific

$92M10%