Q3 2020 Earnings

Technology Communication Equipment

Income Statement

Revenue

$977M+1.7% YoY

Gross Profit

$437M44.7% margin

Operating Income

$192M19.7% margin

Net Income

$142M14.6% margin

EPS (Diluted)

$0.91

QoQ Revenue Growth

+9.2%

Cash Flow

Operating Cash Flow

$175M

Free Cash Flow

$160M

Stock-Based Comp.

$17M

Balance Sheet

Total Assets

$4.1B

Total Liabilities

$1.6B

Stockholders' Equity

$2.4B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$977M	$961M	+1.7%
Gross Profit	$437M	$397M	+10.1%
Operating Income	$192M	$132M	+45.6%
Net Income	$142M	$87M	+64.0%

Revenue Segments

Converged Packet Optical

$723M74%

Packet Networking

$80M8%

Maintenance Support And Training

$69M7%

Platform Software and Services

$46M5%

Installation And Deployment

$40M4%

Blue Planet Automation Software and Services

$11M1%

Consulting And Network Design

$8M1%

Geographic Segments

Americas

$713M73%

EMEA

$162M17%

Asia Pacific

$101M10%