CIEN Q3 2024 Earnings — Ciena Corporation Revenue & Financial Results | Market Cap Arena

CIENCiena Corporation

$49B

Q3 2024 Earnings

Technology Communication Equipment

Income Statement

Revenue

$942M-11.8% YoY

Gross Profit

$374M39.7% margin

Operating Income

$28M3.0% margin

Net Income

$14M1.5% margin

EPS (Diluted)

$0.10

QoQ Revenue Growth

+3.5%

Cash Flow

Operating Cash Flow

-$159M

Free Cash Flow

-$179M

Stock-Based Comp.

$37M

Balance Sheet

Total Assets

$5.6B

Total Liabilities

$2.7B

Stockholders' Equity

$2.9B

Cash & Equivalents

$883M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$942M	$1.1B	-11.8%
Gross Profit	$374M	$416M	-10.2%
Operating Income	$28M	$82M	-65.9%
Net Income	$14M	$30M	-52.1%

Revenue Segments

Networking Platforms Segment

$700M74%

Global Services

$134M14%

Platform Software and Services Segment

$83M9%

Blue Planet Automation Software and Services Segment

$26M3%

Geographic Segments

North America

$719M76%

EMEA

$135M14%

Asia Pacific

$89M9%