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Nov 02, 2024
Ciena Q4 2024 Earnings Report
Ciena's Q4 2024 financial performance was reported, with revenue at $1.12 billion and GAAP EPS at $0.25.
Key Takeaways
Ciena reported Q4 revenue of $1.12 billion and a GAAP net income per share of $0.25. The company's CEO noted that the results reflect their technology leadership and positive industry dynamics, positioning them for future growth.
Q4 revenue was $1.12 billion, slightly down from $1.13 billion in Q4 2023.
GAAP net income per share was $0.25, compared to $0.62 in Q4 2023.
Adjusted (non-GAAP) net income per share was $0.54, compared to $0.75 in Q4 2023.
Approximately 2.1 million shares were repurchased for $132.0 million during the quarter.
Revenue by Segment
Forward Guidance
Ciena anticipates accelerated revenue growth and market share expansion, driven by increasing bandwidth demand from Cloud and AI.
Positive Outlook
- Significant and increasing technology leadership.
- Positive industry dynamics.
- Cloud and AI driving bandwidth demand.
- Positioned for accelerated revenue growth.
- Expected market share expansion.
Challenges Ahead
- Broader economic and market conditions could affect customers' spending.
- Macroeconomic conditions and global supply chain constraints may cause disruptions.
- Competitive pressure may impact results.
- Geopolitical tensions and events could create uncertainty.
- Changes in tax or trade regulations may pose challenges.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
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