Earnings Summary

Ciena Corporation’s revenue fell -1.78% since last year same period to $1037.71Mn in the Q1 2024. On a quarterly growth basis, Ciena Corporation has generated -8.13% fall in its revenue since last 3-months.

Ciena Corporation’s net profit fell -35.01% since last year same period to $49.55Mn in the Q1 2024. On a quarterly growth basis, Ciena Corporation has generated -45.67% fall in its net profits since last 3-months.

Ciena Corporation’s net profit margin fell -33.83% since last year same period to 4.77% in the Q1 2024. On a quarterly growth basis, Ciena Corporation has generated -40.87% fall in its net profit margins since last 3-months.

Ciena Corporation’s price-to-earnings ratio after this Q1 2024 earnings stands at 29.04.

Ciena Corporation’s earning per share (EPS) estimates for the current quarter stand at 0.14 - a -70.83% fall from last quarter’s estimates.

Ciena Corporation’s earning per share (EPS) estimates for the current year stand at 0.14.

Ciena Corporation’s earning per share (EPS) jumped 3.13% since last year same period to 0.66 in the Q1 2024. This indicates that the Ciena Corporation has generated 3.13% annual rate of jump in its earning per share (EPS) in the last 4 quarters.

Return on assets (ROA) indicates the profitability of the company in relation to its total assets. This ratio tells the financial health of the company. The higher the ROA, the better the company’s financial health. If any company has a ROA in the range of 5% to 20% - it is generally considered good. ROA above 20% is generally considered excellent. Ciena Corporation’s return on assets (ROA) stands at 0.04.

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Ciena Corporation’s return on equity (ROE) stands at 0.08.