Ciena Q3 Earnings: Revenue And EPS Beat, Operating Margin Decline, CFO Retirement And More
Ciena Q3 Earnings: Revenue And EPS Beat, Operating Margin Decline, CFO Retirement And More
Ciena Corp (NYSE:CIEN) reported a fiscal third-quarter 2024 revenue decline of 11.8% year-on-year to $942.3 million, beating the analyst consensus estimate of $927.2 million.
Ciena Corp（紐約證券交易所代碼：CIEN）報告稱，2024財年第三季度收入同比下降11.8％，至9.423億美元，超過了分析師共識估計的9.272億美元。
The American telecommunications networking equipment and software services supplier reported an adjusted EPS of $0.35, beating the analyst consensus estimate of $0.26.
這家美國電信網絡設備和軟件服務供應商報告調整後的每股收益爲0.35美元，超過了分析師共識估計的0.26美元。
Segments: Total Networking Platforms revenue declined by 17.4% Y/Y to $699.5 million, and Total Global Services increased by 3.5% Y/Y to $133.8 million.
細分市場：網絡平台總收入同比下降17.4％，至6.995億美元，全球服務總額同比增長3.5％，至1.338億美元。
Margins: The adjusted gross margin climbed by 100 bps to 43.7%. Adjusted operating margin decreased by 400 bps to 8.0%.
利潤率：調整後的毛利率上升了100個點子至43.7％。調整後的營業利潤率下降了400個點子至8.0％。
Two 10%-plus customers represented a total of 26.6% of revenue.
兩個超過10％的客戶共佔收入的26.6％。
Ciena held $1.2 billion in cash and equivalents and used $(159.4) million in operating cash flow.
Ciena持有12億美元的現金及等價物，並使用了（1.594億美元）的運營現金流。
"We delivered strong results for the fiscal third quarter that reflect growing momentum with cloud providers and continued gradual recovery with service providers," CEO Gary Smith said.
首席執行官加里·史密斯表示：「我們在第三財季取得了強勁的業績，這反映了雲提供商的增長勢頭以及服務提供商的持續逐步復甦。」
CFO Transition: Ciena announced that CFO James E. Moylan, Jr., plans to retire in twelve months, effective August 28, 2025. The company will commence a search process to identify a successor. Moylan will continue to serve as CFO until a successor is in place and will assist in transitioning his responsibilities.
首席財務官過渡：Ciena宣佈，首席財務官小詹姆斯·莫伊蘭計劃在十二個月後退休，自2025年8月28日起生效。該公司將開始尋找繼任者。在繼任者到位之前，莫伊蘭將繼續擔任首席財務官，並將協助過渡其職責。
Ciena stock gained over 15% in the last 12 months.
在過去的12個月中，Ciena的股票上漲了15％以上。
Price Action: CIEN stock traded higher by 1.36% at $56.10 premarket at the last check on Wednesday.
價格走勢：CIEN股票在週三的最後一次盤前交易中上漲1.36％，至56.10美元。