Ciena Corporation provides network solutions for Optical Transport, Carrier Ethernet, Cloud and Data Center Networks, SDN and NFV.

Many of the world’s largest carriers and service providers have deployed Ciena solutions in their network; including AT&T, BT, Cable & Wireless, CenturyLink, Comcast, France Telecom, Korea Telecom, Sprint, Reliance, Southern Cross, Tata Communications, Telecom Argentina, Telmex, Virgin Media and Verizon. Ciena also counts numerous national research and education networks as customers, as well as enterprises in the healthcare, finance, transportation and retail industries for real-time, latency sensitive applications such as disaster recovery/business continuity, SAN/LAN extension, data center consolidation and grid computing.

Company Growth (employees)
Type
Public
HQ
Hanover, US
Founded
1992
Size (employees)
5,613 (est)+2%
Website
ciena.com
Ciena was founded in 1992 and is headquartered in Hanover, US

Key People at Ciena

Gary Smith

Gary Smith

President & Chief Executive Officer

Ciena Office Locations

Ciena has an office in Hanover
Hanover, US (HQ)
7035 Ridge Rd

Ciena Data and Metrics

Ciena Financial Metrics

Ciena's revenue was reported to be $707 m in Q2, 2017
USD

Revenue (Q2, 2017)

707 m

Net income (Q2, 2017)

38 m

EBIT (Q2, 2017)

57.8 m

Market capitalization (15-Aug-2017)

4 b

Cash (30-Apr-2017)

628.6 m
Ciena's current market capitalization is $4 b.
USDFY, 2013FY, 2014FY, 2015FY, 2016

Revenue

2.1 b2.3 b2.4 b2.6 b

Revenue growth, %

10%7%6%

R&D expense

451.8 m

General and administrative expense

132.8 m

Operating expense total

867 m902.6 m975.1 m1 b

EBIT

(1.8 m)45.7 m100.4 m156.2 m

EBIT margin, %

(0%)2%4%6%

Interest expense

44 m47.1 m51.2 m56.7 m

Interest income

5.7 m25.3 m25.5 m12.8 m

Pre tax profit

(80.2 m)(26.7 m)23.8 m86.7 m

Income tax expense

5.2 m14 m12.1 m14.1 m

Net Income

(85.4 m)(40.6 m)11.7 m72.6 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Revenue

603.6 m529.2 m621.6 m602.9 m573.1 m640.7 m670.6 m621.5 m707 m

R&D expense

97.7 m100.8 m105.2 m100.4 m108 m114.6 m116.7 m116.9 m121.6 m

General and administrative expense

36.3 m29.6 m30.3 m29.7 m31.1 m35.2 m34.3 m35.9 m35 m

Operating expense total

134 m130.3 m135.5 m130.1 m139.2 m149.8 m151 m152.7 m156.6 m

EBIT

37 m4.2 m42.4 m44.5 m11.2 m28.2 m57 m19.1 m57.8 m

EBIT margin, %

6%1%7%7%2%4%9%3%8%

Interest expense

(11.5 m)(13.7 m)(12.9 m)(11.9 m)(12.7 m)(12.6 m)(16 m)(15.2 m)(13.3 m)

Interest income

(6.3 m)(8.2 m)(5.5 m)(5.5 m)(8.8 m)967 k(3.6 m)370 k(2.9 m)

Pre tax profit

19.2 m(17.7 m)23.9 m27.1 m(10.2 m)16.6 m37.4 m4.3 m41.6 m

Income tax expense

3 m1.1 m3.3 m3.5 m1.3 m2.6 m3.9 m410 k3.6 m

Net Income

16.2 m(18.8 m)20.7 m23.6 m(11.5 m)14 m33.5 m3.9 m38 m
USDFY, 2013FY, 2014FY, 2015FY, 2016

Cash

346.5 m586.7 m791 m777.6 m

Accounts Receivable

488.6 m519 m550.8 m576.2 m

Inventories

249.1 m254.7 m191.2 m211.3 m

Current Assets

1.4 b1.7 b1.9 b2 b

Goodwill

256.4 m267 m

Total Assets

1.8 b2.1 b2.7 b2.9 b

Accounts Payable

254.8 m209.8 m222.1 m235.9 m

Total Debt

236.6 m

Current Liabilities

615.1 m781.1 m667 m891.9 m

Total Liabilities

2.1 b

Additional Paid-in Capital

5.9 b6 b6.6 b6.7 b

Retained Earnings

(6 b)(6 b)(6 b)(5.9 b)

Total Equity

620.9 m766.3 m

Debt to Equity Ratio

0.3 x

Debt to Assets Ratio

0.1 x

Financial Leverage

4.3 x3.8 x
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Cash

532.9 m598.7 m586.3 m697.1 m660.3 m922 m854.9 m693.9 m628.6 m

Accounts Receivable

541.6 m513.6 m553.3 m530.3 m480.4 m555.1 m588.4 m595.7 m564.9 m

Inventories

293.1 m241.1 m214.6 m194 m205.7 m190.9 m221.6 m284.6 m287.1 m

Current Assets

1.7 b1.7 b1.7 b1.8 b1.8 b2.1 b2.2 b2 b1.9 b

Goodwill

256.4 m267.7 m267.3 m267.2 m266.8 m

Total Assets

2.1 b2.1 b2.1 b2.2 b2.6 b3 b3 b2.9 b2.8 b

Accounts Payable

236.6 m192.1 m210 m201.8 m183.9 m225.2 m232.7 m273.5 m249.6 m

Current Liabilities

809.2 m778.6 m575.5 m591.9 m555.2 m630.1 m1.1 b841.6 m806.8 m

Additional Paid-in Capital

5.9 b6 b6.2 b6.2 b6.7 b6.7 b6.7 b6.7 b6.8 b

Retained Earnings

(6 b)(6 b)(6 b)(6 b)(6 b)(6 b)(6 b)(5.9 b)(5.9 b)

Total Equity

177.9 m627 m669 m721.6 m798.9 m846.5 m

Financial Leverage

12.2 x4.1 x4.5 x4.2 x3.6 x3.3 x
USDFY, 2013FY, 2014FY, 2015FY, 2016

Net Income

(85.4 m)(40.6 m)11.7 m72.6 m

Depreciation and Amortization

49.8 m46 m69.5 m61.5 m

Accounts Receivable

(150 m)(33 m)(37 m)(26.1 m)

Inventories

(8.9 m)(38 m)46.9 m(53 m)

Cash From Operating Activities

44.7 m89.8 m262.1 m289.5 m

Cash From Investing Activities

(130.9 m)(106.4 m)(43.1 m)(296.3 m)

Cash From Financing Activities

(207.3 m)258.5 m(8.1 m)(4.2 m)

Interest Paid

32.4 m
USDQ3, 2014Q1, 2015Q2, 2015Q3, 2015Q1, 2016Q2, 2016Q3, 2016Q1, 2017Q2, 2017

Net Income

16.2 m(18.8 m)20.7 m23.6 m(11.5 m)14 m33.5 m3.9 m38 m

Depreciation and Amortization

11 m11 m11 m11 m16.9 m15.6 m14.5 m14.6 m11 m

Accounts Receivable

530.3 m480.4 m555.1 m588.4 m595.7 m564.9 m

Inventories

194 m205.7 m190.9 m221.6 m284.6 m287.1 m

Accounts Payable

201.8 m183.9 m225.2 m232.7 m273.5 m249.6 m
Y, 2017

Financial Leverage

3.3 x

Ciena Operating Metrics

Ciena's Customers was reported to be 1.3 k in Jun, 2017. Ciena's Backlog was reported to be $1.2 b in FY, 2016, which is a 15% increase from the previous period
FY, 2014FY, 2015FY, 2016Jun, 2017

Backlog

$824 m$1 b$1.15 b

Patents (US)

1.47 k1.51 k1.59 k

Patents Pending (US)

209249284

Patents (foreign)

459432444

Patents Pending (foreign)

170

Customers

1.3 k

    Ciena Market Value History

    Ciena Revenue Breakdown

    Ciena Median Salaries

    Source: 168 public H-1B filings from Ciena

    Traffic Overview of Ciena

    Ciena Online and Social Media Presence

    Ciena Company Life and Culture

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