Q3 2021 Earnings

Technology Communication Equipment

Income Statement

Revenue

$988M+1.2% YoY

Gross Profit

$444M44.9% margin

Operating Income

$159M16.0% margin

Net Income

$238M24.1% margin

EPS (Diluted)

$1.52

QoQ Revenue Growth

+18.5%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$53M

Stock-Based Comp.

$22M

Balance Sheet

Total Assets

$4.7B

Total Liabilities

$1.7B

Stockholders' Equity

$2.9B

Cash & Equivalents

$1.2B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$988M	$977M	+1.2%
Gross Profit	$444M	$437M	+1.6%
Operating Income	$159M	$192M	-17.5%
Net Income	$238M	$142M	+67.5%

Revenue Segments

Converged Packet Optical

$713M72%

Maintenance Support and Training

$74M7%

Packet Networking

$70M7%

Platform Software and Services

$57M6%

Installation and Deployment

$47M5%

Blue Planet Automation Software and Services

$17M2%

Consulting and Network Design

$11M1%

Geographic Segments

Americas

$693M70%

EMEA

$189M19%

Asia Pacific

$106M11%