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Asset logo for symbol CIEN
Ciena
CIEN67
$56.30arrow_drop_up0.23%$0.13
Asset logo for symbol CIEN
CIEN67

$56.30

arrow_drop_up0.23%

Income Statement (CIEN)

itemJul 2024Apr 2024Jan 2024Oct 2023Jul 2023
EBIT$28.10M$11.69M$89.60M$109.80M$92.63M
EBITDA$61.03M$45.60M$122.42M$146.50M$128.61M
gross Profit$373.77M$357.50M$436.90M$486.28M$448.94M
NET Income$14.23M-$16.84M$49.54M$91.19M$29.73M
total Revenue$942.30M$910.82M$1.03B$1.12B$1.06B

Balance Sheet (CIEN)

itemJul 2024Apr 2024Jan 2024Oct 2023Jul 2023
cash Equivalents-----
net Debt$713.26M$509.93M$343.54M$594.40M$492.64M
stockholders Equity$2.89B$2.88B$2.92B$2.84B$2.94B
total Assets$5.57B$5.61B$5.59B$5.60B$5.72B
total Debt$1.59B$1.60B$1.60B$1.60B$1.61B
total Liabilities$2.68B$2.73B$2.66B$2.75B$2.77B

Cash Flow (CIEN)

itemJul 2024Apr 2024Jan 2024Oct 2023Jul 2023
financing Cash Flow-$28.54M-$72.96M-$32.31M-$197.16M-$53.02M
free Cash Flow-$178.97M$41.42M$247.07M$172.69M-$16.70M
investing Cash Flow----$98.11M-$8.06M
operating Cash Flow-$159.37M$58.32M$263.67M$195.47M$8.68M

Ciena (CIEN) Financials

Ciena Corp (CIEN) is a leading supplier of telecommunications networking equipment, software, and services. The company's financials provide valuable insights into its performance and financial health. The income statement for Ciena Corp shows its revenues, expenses, and net income over a specified period. This statement helps investors understand the company's profitability and ability to generate earnings. Ciena Corp reported a total revenue of $3.57 billion in its latest financial year. The gross profit for the same period was $1.69 billion, indicating the company's ability to generate profits from its operations.
One important measure of profitability is earnings before interest and taxes (EBIT). Ciena Corp's EBIT for the latest financial year was $317 million. This metric helps investors understand the company's operating profitability, excluding interest and taxes. Another measure commonly used is EBITDA, which stands for earnings before interest, taxes, depreciation, and amortization. Ciena Corp's EBITDA for the latest financial year was $507 million, reflecting its operating performance before accounting for non-cash expenses and debt-related costs.
Net income from stockholders is another crucial aspect of the company's financials. Ciena Corp reported net income from stockholders of $296 million in its latest financial year. This figure represents the income available to the company's shareholders after all expenses and taxes. The balance sheet of Ciena Corp provides a snapshot of its financial position at a specific point in time. It shows the company's assets, liabilities, and stockholders' equity.
As of the latest reporting period, Ciena Corp had total assets worth $7.33 billion. These assets include cash, investments, property, and equipment. The company's total liabilities were $3.94 billion, which include debts and other obligations. Stockholders' equity, which represents the value of shareholders' investments in the company, was reported at $3.39 billion.
In terms of liquidity, Ciena Corp had cash equivalents of $661 million. Cash equivalents include highly liquid assets that can be readily converted into cash. Net debt, which is the difference between a company's total debt and its cash and cash equivalents, was $730 million for Ciena Corp. This metric helps investors assess the company's ability to meet its financial obligations. It is noteworthy that Ciena Corp reported positive operating cash flow of $464 million, indicating its ability to generate cash from its core operations.
Here is a summary of Ciena Corp's cash flow activities. Financing cash flow represents the movement of cash due to activities such as issuing or repurchasing stock, dividend payments, and debt repayments. For Ciena Corp, the financing cash flow was -$81 million, indicating a net outflow of cash. Investing cash flow reflects cash flows related to the acquisition or sale of long-term assets, such as property and equipment. For Ciena Corp, the investing cash flow was -$203 million, again indicating a net outflow of cash. Free cash flow, a key measure of a company's financial health, represents the cash generated after accounting for capital expenditures. Ciena Corp reported free cash flow of $261 million, suggesting that it has sufficient cash to invest in growth while also rewarding shareholders.
In conclusion, Ciena Corp's financials reveal a company that has generated solid revenues, profits, and cash flows. Its strong gross profit indicates its ability to generate profits from its operations. EBIT and EBITDA reflect a healthy operating profitability, while net income from stockholders demonstrates positive earnings for shareholders. The balance sheet indicates a healthy financial position, with significant total assets and stockholders' equity. Ciena Corp's cash equivalents and positive operating cash flow contribute to its liquidity and ability to meet financial obligations. Overall, Ciena Corp's financials align with its position as a leading player in the telecommunications networking industry.
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