CIEN Earnings Prediction
The chart below shows how CIEN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, CIEN sees a -0.02% change in stock price 10 days leading up to the earnings, and a -3.77% change 10 days following the report. On the earnings day itself, the stock moves by +0.30%. This data can give you a slight idea of what to expect for the next quarter's release.
CIEN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
1.12B
-0.48%
19.29%
Gross Margin
40.28%
-4.37%
-4.35%
Operating Margin
5.50%
-36.93%
84.56%
Net Margin
3.29%
-59.23%
117.88%
EPS
0.25
-59.68%
150.00%
No Data Available
CIEN Earnings Analysis
Ciena Corporation Corporation (CIEN.N) Earnings Conference Call
Positive
Strong Fiscal Quarter Results: Reported strong fiscal fourth-quarter results, including revenue of $1.12 billion.
Book-to-Bill Ratio Improvement: Orders in the quarter were once again above revenue, representing the second quarter in a row of book-to-bill above one.
Technology Leadership Expansion: WaveLogic 6 Extreme became generally available, locking in our position as the only provider of 1.6 terabyte capable coherent modems in the market today, further extending our technology leadership.
Adjusted Gross Margin Increase: We reported an adjusted gross margin of 41.6%, which was higher than typical per quarter, reflecting a $39 million charge for excess and obsolete in our inventory.
Annual Revenue Achievement: For the full fiscal year, we delivered revenues of $4 billion.
Negative
Q4 Adjusted Gross Margin: Adjusted gross margin in Q4 was 41.6%, which was lower than expected due to a larger-than-typical provision for excess and obsolete in our inventory.
Adjusted Net Income Decline: We reported an adjusted net income of $79 million, which reflects a decrease in profitability compared to previous quarters.
Inventory Reduction: Inventory was $820 million at the end of the year, down nearly $120 million for the quarter, indicating a reduction in stock levels.
Order Fulfillment Challenges: We had a backlog of $2.1 billion at the end of the year, which may indicate challenges in fulfilling orders in a timely manner.
Operating Expenses Impact: Our adjusted operating expenses were $355 million in Q4, which reflects increased costs that could impact future profitability.
CIEN FAQs
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CIEN Earning Call Sentiment
Ciena Corporation (CIEN) Q4 2024 Earnings Call Transcript
1.0x
00:00
00:00
CIEN.N
1.97%Positive
The earnings call highlights strong Q4 financial performance with profitability and effective cash management, despite inventory challenges. The company reported consistent EPS, strong cash flow, and a solid backlog. Q&A insights indicate growth in key markets and no expected recurrence of E&O charges. Guidance reflects positive gross margin impacts and strategic opportunities. Share repurchase and liquidity position are favorable. Overall, the sentiment is positive, with a potential stock price increase of 2% to 8% over the next two weeks.
