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（纽约证券交易所代码：CIEN）报告称，2024财年第三季度收入同比下降11.8％，至9.423亿美元，超过了分析师共识估计的9.272亿美元。
The American telecommunications networking equipment and software services supplier reported an adjusted EPS of $0.35, beating the analyst consensus estimate of $0.26.
这家美国电信网络设备和软件服务供应商报告调整后的每股收益为0.35美元，超过了分析师共识估计的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.
细分市场：网络平台总收入同比下降17.4％，至6.995亿美元，全球服务总额同比增长3.5％，至1.338亿美元。
Margins: The adjusted gross margin climbed by 100 bps to 43.7%. Adjusted operating margin decreased by 400 bps to 8.0%.
利润率：调整后的毛利率上升了100个基点至43.7％。调整后的营业利润率下降了400个基点至8.0％。
Two 10%-plus customers represented a total of 26.6% of revenue.
两个超过10％的客户共占收入的26.6％。
Ciena held $1.2 billion in cash and equivalents and used $(159.4) million in operating cash flow.
Ciena持有12亿美元的现金及等价物，并使用了（1.594亿美元）的运营现金流。
"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.
首席执行官加里·史密斯表示：“我们在第三财季取得了强劲的业绩，这反映了云提供商的增长势头以及服务提供商的持续逐步复苏。”
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.
首席财务官过渡：Ciena宣布，首席财务官小詹姆斯·莫伊兰计划在十二个月后退休，自2025年8月28日起生效。该公司将开始寻找继任者。在继任者到位之前，莫伊兰将继续担任首席财务官，并将协助过渡其职责。
Ciena stock gained over 15% in the last 12 months.
在过去的12个月中，Ciena的股票上涨了15％以上。
Price Action: CIEN stock traded higher by 1.36% at $56.10 premarket at the last check on Wednesday.
价格走势：CIEN股票在周三的最后一次盘前交易中上涨1.36％，至56.10美元。