Ciena Corporation (CIEN)

Ciena Income Statement

Financials in millions USD. Fiscal year is November - October.

Year	2023	2022	2021	2020	2019
Revenue	4,387	3,633	3,621	3,532	3,572
Revenue Growth (YoY)	20.75%	0.33%	2.51%	-1.12%	15.44%
Cost of Revenue	2,508	2,072	1,899	1,879	2,030
Gross Profit	1,879	1,560	1,722	1,653	1,542
Selling, General & Admin	706.09	645.95	634.09	585.97	597.45
Research & Development	750.56	624.66	536.67	529.89	548.14
Other Operating Expenses	64.66	66.93	55.87	50.07	49.72
Operating Expenses	1,521	1,338	1,227	1,166	1,195
Operating Income	357.55	222.81	495.36	486.96	346.77
Interest Expense / Income	88.03	47.05	30.84	31.32	37.45
Other Expense / Income	-54.13	-6.75	1.77	-0.32	-3.88
Pretax Income	323.65	182.51	462.75	455.96	313.19
Income Tax	68.83	29.6	-37.45	94.67	59.76
Net Income	254.83	152.9	500.2	361.29	253.43
Net Income Growth	66.66%	-69.43%	38.45%	42.56%	-
Shares Outstanding (Basic)	149	151	155	154	156
Shares Outstanding (Diluted)	149	152	157	156	158
Shares Change	-1.85%	-2.90%	0.51%	-1.05%	9.65%
EPS (Basic)	1.71	1.01	3.22	2.34	1.63
EPS (Diluted)	1.71	1.00	3.19	2.32	1.61
EPS Growth	71.00%	-68.65%	37.50%	44.10%	-
Free Cash Flow	62.14	-258.57	462.1	410.99	350.56
Free Cash Flow Per Share	0.42	-1.71	2.98	2.66	2.25
Gross Margin	42.83%	42.95%	47.56%	46.80%	43.17%
Operating Margin	8.15%	6.13%	13.68%	13.79%	9.71%
Profit Margin	5.81%	4.21%	13.81%	10.23%	7.09%
Free Cash Flow Margin	1.42%	-7.12%	12.76%	11.64%	9.81%
Effective Tax Rate	21.27%	16.22%	-8.09%	20.76%	19.08%
EBITDA	553.86	369.76	625.85	619.81	473.35
EBITDA Margin	12.63%	10.18%	17.29%	17.55%	13.25%
Depreciation & Amortization	142.18	140.2	132.27	132.53	122.71
EBIT	411.68	229.56	493.59	487.28	350.64
EBIT Margin	9.39%	6.32%	13.63%	13.80%	9.82%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).