CIEN Q3 2023 Earnings — Ciena Corporation Revenue & Financial Results | Market Cap Arena

CIENCiena Corporation

$49B

Q3 2023 Earnings

Technology Communication Equipment

Income Statement

Revenue

$1.1B+23.0% YoY

Gross Profit

$416M39.0% margin

Operating Income

$82M7.7% margin

Net Income

$30M2.8% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

-5.7%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

-$17M

Stock-Based Comp.

$33M

Balance Sheet

Total Assets

$5.7B

Total Liabilities

$2.8B

Stockholders' Equity

$2.9B

Cash & Equivalents

$1.1B

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$1.1B	$868M	+23.0%
Gross Profit	$416M	$310M	+34.4%
Operating Income	$82M	$35M	+136.7%
Net Income	$30M	$11M	+182.8%

Revenue Segments

Networking Platforms Segment

$847M79%

Global Services

$129M12%

Platform Software and Services Segment

$79M7%

Blue Planet Automation Software and Services Segment

$13M1%

Geographic Segments

North America

$749M70%

Asia Pacific

$166M16%

EMEA

$153M14%