Ciena Net income (Q3, 2018)50.8 M

Ciena EBIT (Q3, 2018)85.3 M

Ciena Cash, 31-Jul-2018726.2 M

Ciena EV4.6 B

Ciena revenue breakdown by business segment: 15.6% from Global Services, 79.6% from Networking Platforms and 4.8% from Other

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|

## Revenue | 2.1 b | 2.3 b | 2.4 b | 2.6 b | 2.8 b |

| 10% | 7% | 6% | ||

## R&D expense | 451.8 m | 475.3 m | |||

## General and administrative expense | 132.8 m | 142.6 m | |||

## Operating expense total | 584.6 m | 1 b | |||

## Depreciation and amortization | 33 m | ||||

## EBIT | (1.8 m) | 45.7 m | 100.4 m | 156.2 m | 214.7 m |

| 0% | 2% | 4% | 6% | 8% |

## Interest expense | 44 m | 47.1 m | 51.2 m | 56.7 m | 55.9 m |

## Interest income | 5.7 m | 25.3 m | 25.5 m | 12.8 m | 2.7 m |

## Pre tax profit | (80.2 m) | (26.7 m) | 23.8 m | 86.7 m | 156.1 m |

## Income tax expense | 5.2 m | 14 m | 12.1 m | 14.1 m | (1.1 b) |

## Net Income | (85.4 m) | (40.6 m) | 11.7 m | 72.6 m | 1.3 b |

- Source: SEC Filings

USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Revenue | 533.7 m | 560.1 m | 603.6 m | 529.2 m | 621.6 m | 602.9 m | 573.1 m | 640.7 m | 670.6 m | 621.5 m | 707 m | 728.7 m | 646.1 m | 1.4 b | 818.8 m |

## Sales and marketing expense | 88.5 m | 185.9 m | 95.4 m | ||||||||||||

## R&D expense | 101.5 m | 103.5 m | 97.7 m | 100.8 m | 105.2 m | 100.4 m | 108 m | 114.6 m | 116.7 m | 116.9 m | 121.6 m | 117.7 m | 118.5 m | 235.4 m | 121.1 m |

## General and administrative expense | 30.1 m | 31.9 m | 36.3 m | 29.6 m | 30.3 m | 29.7 m | 31.1 m | 35.2 m | 34.3 m | 35.9 m | 35 m | 35.6 m | 38.4 m | 77.4 m | 38.2 m |

## Operating expense total | 222.5 m | 230.5 m | 227 m | 226.1 m | 230 m | 225.4 m | 240.2 m | 254.9 m | 251.5 m | 254.7 m | 260.4 m | 246.1 m | 255 m | 516.3 m | 266.3 m |

## Depreciation and amortization | 3.6 m | 7.2 m | 3.8 m | ||||||||||||

## EBIT | 3.4 m | 7.2 m | 37 m | 4.2 m | 42.4 m | 44.5 m | 11.2 m | 28.2 m | 57 m | 19.1 m | 57.8 m | 82 m | 16.7 m | 48.8 m | 85.3 m |

| 1% | 1% | 6% | 1% | 7% | 7% | 2% | 4% | 9% | 3% | 8% | 11% | 3% | 4% | 10% |

## Interest expense | 11 m | 11 m | 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 | 13.4 m | 13.7 m | 26.8 m | 13.6 m |

## Interest income | 6 m | 1.9 m | 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 | 848 k | 1.6 m | 2.9 m | 1.5 m |

## Pre tax profit | (13.7 m) | (5.8 m) | 19.2 m | (17.7 m) | 23.9 m | 27.1 m | (10.2 m) | 16.6 m | 37.4 m | 4.3 m | 41.6 m | 67.7 m | 4.6 m | 24.9 m | 70.1 m |

## Income tax expense | 2.3 m | 4.4 m | 3 m | 1.1 m | 3.3 m | 3.5 m | 1.3 m | 2.6 m | 3.9 m | 410 k | 3.6 m | 7.7 m | 477.9 m | 484.4 m | 19.3 m |

## Net Income | (15.9 m) | (10.2 m) | 16.2 m | (18.8 m) | 20.7 m | 23.6 m | (11.5 m) | 14 m | 33.5 m | 3.9 m | 38 m | 60 m | (473.4 m) | (459.5 m) | 50.8 m |

- Source: SEC Filings

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|

## Cash | 346.5 m | 586.7 m | 791 m | 777.6 m | 640.5 m |

## Accounts Receivable | 488.6 m | 519 m | 550.8 m | 576.2 m | 622.2 m |

## Inventories | 249.1 m | 254.7 m | 191.2 m | 211.3 m | 267.1 m |

## Current Assets | 1.4 b | 1.7 b | 1.9 b | 2 b | 2 b |

## Goodwill | 256.4 m | 267 m | 267.5 m | ||

## Total Assets | 1.8 b | 2.1 b | 2.7 b | 2.9 b | 4 b |

## Accounts Payable | 254.8 m | 209.8 m | 222.1 m | 235.9 m | 260.1 m |

## Short-term debt | 190.1 m | 2.5 m | 236.6 m | 352.3 m | |

## Current Liabilities | 615.1 m | 781.1 m | 667 m | 891.9 m | 1 b |

## Long-term debt | 583.7 m | ||||

## Total Debt | 236.6 m | 936 m | |||

## Total Liabilities | 2.1 b | 1.8 b | |||

## Additional Paid-in Capital | 5.9 b | 6 b | 6.6 b | 6.7 b | 6.8 b |

## Retained Earnings | (6 b) | (6 b) | (6 b) | (5.9 b) | (4.7 b) |

## Total Equity | 620.9 m | 766.3 m | 2.1 b | ||

## Debt to Equity Ratio | 0.3 x | ||||

## Debt to Assets Ratio | 0.1 x | ||||

## Financial Leverage | 4.3 x | 3.8 x | 1.8 x |

USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q3, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Cash | 330.1 m | 325.1 m | 532.9 m | 598.7 m | 586.3 m | 697.1 m | 660.3 m | 922 m | 854.9 m | 693.9 m | 628.6 m | 559.5 m | 648.9 m | 652.1 m | 726.2 m |

## Accounts Receivable | 518.9 m | 515 m | 541.6 m | 513.6 m | 553.3 m | 530.3 m | 480.4 m | 555.1 m | 588.4 m | 595.7 m | 564.9 m | 653.2 m | |||

## Inventories | 284.1 m | 294 m | 293.1 m | 241.1 m | 214.6 m | 194 m | 205.7 m | 190.9 m | 221.6 m | 284.6 m | 287.1 m | 276.4 m | 255.3 m | 231.3 m | 227.9 m |

## Current Assets | 1.4 b | 1.4 b | 1.7 b | 1.7 b | 1.7 b | 1.8 b | 1.8 b | 2.1 b | 2.2 b | 2 b | 1.9 b | 1.9 b | 1.9 b | 2 b | 2.1 b |

## Goodwill | 256.4 m | 267.7 m | 267.3 m | 267.2 m | 266.8 m | 267.8 m | 267.9 m | 267.4 m | 287.6 m | ||||||

## Total Assets | 1.8 b | 1.8 b | 2.1 b | 2.1 b | 2.1 b | 2.2 b | 2.6 b | 3 b | 3 b | 2.9 b | 2.8 b | 2.7 b | 3.5 b | 3.5 b | 3.6 b |

## Accounts Payable | 245.8 m | 229.5 m | 236.6 m | 192.1 m | 210 m | 201.8 m | 183.9 m | 225.2 m | 232.7 m | 273.5 m | 249.6 m | 258.4 m | 209.2 m | 264.4 m | 312.6 m |

## Short-term debt | 190 m | 2.5 m | 2.5 m | 2.5 m | 5 m | 455.5 m | 190.1 m | 189.2 m | 4 m | 352.8 m | 353.2 m | 353.7 m | |||

## Current Liabilities | 616.2 m | 790.1 m | 809.2 m | 778.6 m | 575.5 m | 591.9 m | 555.2 m | 630.1 m | 1.1 b | 841.6 m | 806.8 m | 657.6 m | 933.4 m | 989.8 m | 1.1 b |

## Long-term debt | 187.6 m | 187.6 m | 584.6 m | 585.5 m | 586.5 m | ||||||||||

## Total Debt | 187.6 m | 187.6 m | 190 m | 2.5 m | 2.5 m | 2.5 m | 5 m | 455.5 m | 190.1 m | 189.2 m | 4 m | 937.4 m | 938.7 m | 940.2 m | |

## Total Liabilities | 1.9 b | 1.9 b | 2.1 b | 2.1 b | 2 b | 2 b | 2 b | 2.3 b | 2.3 b | 2.1 b | 1.9 b | 1.8 b | 1.7 b | 1.8 b | 1.8 b |

## Additional Paid-in Capital | 5.9 b | 5.9 b | 5.9 b | 6 b | 6.2 b | 6.2 b | 6.7 b | 6.7 b | 6.7 b | 6.7 b | 6.8 b | 6.8 b | 6.8 b | 6.8 b | 6.8 b |

## Retained Earnings | (6 b) | (6 b) | (6 b) | (6 b) | (6 b) | (6 b) | (6 b) | (6 b) | (6 b) | (5.9 b) | (5.9 b) | (5.8 b) | (5.1 b) | (5.1 b) | (5 b) |

## Total Equity | 177.9 m | 627 m | 669 m | 721.6 m | 798.9 m | 846.5 m | 944.3 m | 1.8 b | 1.7 b | 1.8 b | |||||

## Financial Leverage | 12.2 x | 4.1 x | 4.5 x | 4.2 x | 3.6 x | 3.3 x | 2.9 x | 2 x | 2 x | 2 x |

USD | FY, 2013 | FY, 2014 | FY, 2015 | FY, 2016 | FY, 2017 |
---|---|---|---|---|---|

## Net Income | (85.4 m) | (40.6 m) | 11.7 m | 72.6 m | 1.3 b |

## Depreciation and Amortization | 49.8 m | 46 m | 69.5 m | 61.5 m | |

## Accounts Receivable | (150 m) | (33 m) | (37 m) | (26.1 m) | (66.1 m) |

## Inventories | (8.9 m) | (38 m) | 46.9 m | (53 m) | (91.6 m) |

## Accounts Payable | |||||

## Cash From Operating Activities | 44.7 m | 89.8 m | 262.1 m | 289.5 m | 234.9 m |

## Cash From Investing Activities | (130.9 m) | (106.4 m) | (43.1 m) | (296.3 m) | (61.4 m) |

## Cash From Financing Activities | (207.3 m) | 258.5 m | (8.1 m) | (4.2 m) | (311.1 m) |

## Interest Paid | 32.4 m |

USD | Q1, 2014 | Q2, 2014 | Q3, 2014 | Q1, 2015 | Q2, 2015 | Q3, 2015 | Q1, 2016 | Q2, 2016 | Q3, 2016 | Q1, 2017 | Q2, 2017 | Q1, 2018 | Q2, 2018 | Q3, 2018 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|

## Net Income | (15.9 m) | (10.2 m) | 16.2 m | (18.8 m) | 20.7 m | 23.6 m | (11.5 m) | 14 m | 33.5 m | 3.9 m | 38 m | (473.4 m) | (459.5 m) | (408.7 m) |

## Depreciation and Amortization | 11 m | 11 m | 11 m | 11 m | 16.9 m | 15.6 m | 14.5 m | 14.6 m | 11 m | |||||

## Accounts Receivable | 530.3 m | 480.4 m | 555.1 m | 588.4 m | 595.7 m | 564.9 m | 72.4 m | (28.1 m) | (112.7 m) | |||||

## Inventories | 194 m | 205.7 m | 190.9 m | 221.6 m | 284.6 m | 287.1 m | 5.2 m | 20.4 m | 17.8 m | |||||

## Accounts Payable | 201.8 m | 183.9 m | 225.2 m | 232.7 m | 273.5 m | 249.6 m | ||||||||

## Cash From Operating Activities | 35.7 m | 73.1 m | 161.2 m | |||||||||||

## Cash From Investing Activities | (33.5 m) | (30.6 m) | (15.2 m) | |||||||||||

## Cash From Financing Activities | 5 m | (30.1 m) | (56.6 m) | |||||||||||

## Interest Paid | 10 m | 21.8 m | 31.6 m |

USD | Y, 2018 |
---|---|

## EV/EBIT | 54.3 x |

## EV/CFO | 28.7 x |

## Financial Leverage | 2 x |

Report incorrect company information

Ciena's Backlog was reported to be $1.2b in FY, 2016. Ciena's Customers was reported to be 1.3 k in Jun, 2017.

Report incorrect company information