SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Ciena (CIEN)
CIEN 53.26-0.6%Jul 2 4:00 PM EDT

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: FUBHO who wrote (12604)3/6/2018 9:20:59 AM
From: FUBHO   of 12623
 
Ciena (NASDAQ:CIEN) gains 6% premarket on Q1 results that beat EPS and revenue estimates. Q2 guidance from conference call includes in-line revenue of $710M to $740M (consensus: $720.79M) and gross margin in the low to mid 40% range.



Revenue by Segment: Total Networking, $496M (+77% Y/Y); Total Software and Software-Related Services, $53.5M (+8%); Total Global Services, $96.6M (+15%).

Key metrics: Products revenue, $525.61M (+4% Y/Y); Services revenue, $120.53M (+5%); gross margin, 42.6% (-2%); operating expenses, $234.4M (+4%); operating margin, 6.3% (-2.2%); adjusted EBITDA, $61.8M (-12%); cash and equivalents, $986.8M; cash flow from operations, $35.7M; FCF, $10M; average days’ sales outstanding, 77; accounts receivable, $553.7M; inventories, $255.3M; total debt, $937.4M.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext