CIENA CORP
For the period ended Nov 2, 2024. Filed Dec 20, 2024.
View on SEC.govAbout this filing
A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.
FY2024 · Filed Dec 20, 2024
CIEN$269.33+10.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Statements of Operations
(in thousands, except per share data)
| Year Ended | |||
|---|---|---|---|
| November 2, 2024 | October 28, 2023 | October 29, 2022 | |
| Revenue: | |||
| Products | $3,159,021 | $3,581,039 | $2,888,848 |
| Services | 855,934 | 805,510 | 743,813 |
| Total revenue | 4,014,955 | 4,386,549 | 3,632,661 |
| Cost of goods sold: | |||
| Products | 1,861,317 | 2,088,440 | 1,699,631 |
| Services | 434,048 | 419,258 | 372,686 |
| Total cost of goods sold | 2,295,365 | 2,507,698 | 2,072,317 |
| Gross profit | 1,719,590 | 1,878,851 | 1,560,344 |
| Operating expenses: | |||
| Research and development | 767,497 | 750,559 | 624,656 |
| Selling and marketing | 510,668 | 490,804 | 466,565 |
| General and administrative | 220,647 | 215,284 | 179,382 |
| Significant asset impairments and restructuring costs | 24,592 | 23,834 | 33,824 |
| Amortization of intangible assets | 29,569 | 37,351 | 32,511 |
| Acquisition and integration costs | — | 3,474 | 598 |
| Total operating expenses | 1,552,973 | 1,521,306 | 1,337,536 |
| Income from operations | 166,617 | 357,545 | 222,808 |
| Interest and other income, net | 50,261 | 62,008 | 6,747 |
| Interest expense | (97,028) | (88,026) | (47,050) |
| Loss on extinguishment and modification of debt | — | (7,874) | — |
| Income before income taxes | 119,850 | 323,653 | 182,505 |
| Provision for income taxes | 35,894 | 68,826 | 29,603 |
| Net income | $83,956 | $254,827 | $152,902 |
| Basic net income per common share | $0.58 | $1.71 | $1.01 |
| Diluted net income per potential common share | $0.58 | $1.71 | $1.00 |
| Weighted average basic common shares outstanding | 144,715 | 148,971 | 151,208 |
| Weighted average diluted potential common shares outstanding | 145,964 | 149,380 | 152,193 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.