文章核心观点 - 公司第二季度收入同比下降19.6%,主要受到服务提供商订单量恢复缓慢以及宏观经济环境持续不确定性的影响 [1][2][3] - 公司调整了全年收入指引,预计2024财年收入将为40亿美元,低于2023财年的43.8亿美元 [4] - 公司预计毛利率将维持在中高40%区间,经营费用将保持在每季度3.4-3.45亿美元的水平 [5] - 尽管如此,由于云计算和人工智能技术的快速发展,带来了网络流量的持续增长,为公司业务带来了支撑 [6] 分部业务表现 - 网络平台业务收入同比下降26%至6.763亿美元 [7] - 平台软件及服务业务收入同比增长23.1%至8540万美元 [8] - 蓝星自动化软件及服务业务收入同比下降30%至1440万美元 [9] - 全球服务业务收入同比增长5.4%至1.347亿美元 [10] 区域业绩表现 - 美洲地区收入同比下降16.6%至6.629亿美元 [11] - 欧洲、中东和非洲地区收入同比下降10.1%至1.558亿美元 [11] - 亚太地区收入同比下降44.1%至9210万美元 [11] 其他关键信息 - 非电信客户收入占总收入的46% [12] - 公司新增20个WaveLogic 5 Extreme客户,总客户数达到290个 [13] - 可重构线路系统收入同比增长12%,新增7个客户 [14] - WaveLogic 6 Extreme产品正在获得客户认可,已有14个客户下单 [15] - 非GAAP毛利率为43.5%,同比下降0.2个百分点 [16] - 非GAAP经营利润率为6.8%,同比下降7个百分点 [17] - 经营活动产生的现金流为5850万美元,同比下降74.6% [18] - 公司现金及投资总额为14.2亿美元,净长期债务为15.41亿美元 [19] - 公司计划在2024财年回购价值2.5亿美元的股票 [20]

Item 6. Exhibits ________________________________ 3.1 Fifth Restated Certificate of Incorporation of Ciena Corporation, filed with the Secretary of State of Delaware on June 4, 2024 10.1 Amendment No. 2 to Ciena Corporation 2017 Omnibus Incentive Plan (Incorporated by reference to Exhibit 10.1 from the Company's Current Report on 8-K (Commission File No. 001-36250) filed with the Securities and Exchange Commission on March 26, 2024* 31.1 Certification of Chief Executive Officer Pursuant to Rule 13a-14(a) un ...

财务数据和关键指标变化 - 公司Q2营收为9.11亿美元,调整后毛利率为43.5% [13][14] - 公司Q2调整后营业利润率为6.8%,调整后每股收益为0.27美元,并产生4200万美元自由现金流 [14] - 公司Q2末期末现金及投资余额约14亿美元,并在本季度回购了110万股股票,全年计划回购2.5亿美元 [54][55] 各条业务线数据和关键指标变化 - 光通信业务方面,公司WaveLogic 5 Extreme客户数达290家,已发货12.3万个调制解调器 [56][57] - 可重构线路系统(RLS)平台Q2收入同比增长12%,新增7家客户 [57] - 公司400ZR和ZR+系列插件式收发器在Q2新增18家客户 [57] - 路由和交换业务方面,公司PON解决方案已有50多家客户,Coherent路由解决方案已有100多家客户 [59][60] - 软件和服务业务Q2同比增长23% [60] 各个市场数据和关键指标变化 - 服务商市场方面,Q2订单和收入环比均有所增加,其中一家服务商成为公司10%客户 [20][21] - 服务商库存水平开始下降,RFP活动也有所增加,带来多个新的设计获奖 [21][22] - 云服务商市场方面,公司在陆地、海底和插件式应用领域获得多个重要设计获奖 [23][24][26] - 公司已获得多个大型云客户的800G ZR+技术订单 [26][27] 公司战略和发展方向及行业竞争 - 公司将继续在光通信领域保持领先地位,并将光技术拓展到更多新兴应用 [37][38][39] - 公司正在投资拓展到宽带接入、城域路由和数据中心内部等新兴领域,利用自身光技术优势 [41][44][48] - 预计10G及以上PON市场将以55%以上的年复合增长率增长至2027年的70亿美元 [44] - 预计城域路由市场将以12%的年复合增长率增长至2027年的50亿美元 [47] - 公司正在与云服务商合作,开发适用于数据中心内部的光互连解决方案 [48][49] 管理层对经营环境和未来前景的评论 - 带宽需求增长驱动因素依然强劲,但服务商吸收和部署大量库存的进度低于预期 [16][17] - 公司看到订单和收入的改善迹象,预计Q3订单有望达到或超过当季收入 [63][64] - 公司预计2024财年全年收入将达40亿美元,处于此前指引范围的低端 [66] - 公司预计2024财年Q3收入将在8.8亿至9.6亿美元之间,毛利率将在低至中40%区间 [67] 其他重要信息 - 公司WaveLogic 6 Extreme和WaveLogic 6 Nano产品将于今年晚些时候推出,并已获得多家客户订单 [26][58] - 公司正在与云服务商合作,开发适用于数据中心内部的光互连解决方案 [48][49] - 公司正在拓展"托管光纤网络"(MOFN)业务,利用自身与服务商和云服务商的深厚关系 [34][35][36] 问答环节重要的提问和回答 问题1 **Tim Long 提问** 询问公司Q2订单情况,以及服务商业务何时会完全恢复 [72][73] **Gary Smith 和 Jim Moylan 回答** 公司Q2末期末订单约19亿美元,预计将在年底前有所下降。服务商业务方面,公司看到订单和活动水平的逐步改善,预计Q3会有较大幅度增长 [73][74][75][76] 问题2 **Karl Ackerman 提问** 询问公司在数据中心内部的Coherent插件式收发器应用情况 [81][82] **Scott McFeely 回答** 公司正在针对2-10公里的短距离应用以及更长距离的GPU集群互联等机会进行开发和投入 [82][83][84][85] 问题3 **Tal Liani 提问** 询问云服务商业务占比下降,以及政府和企业业务增长情况 [92][93] **Gary Smith 和 Jim Moylan 回答** 云服务商业务在上半年仍保持14%的增长,公司有信心下半年会有较大增长。政府和企业业务方面,特别是政府业务保持较快增长 [94][95][97][99]

Here is how Ciena performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Ciena (CIEN) reported $910.83 million in revenue for the quarter ended April 2024, representing a year-overyear decline of 19.6%. EPS of $0.27 for the same period compares to $0.74 a year ago. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next cour ...

Ciena (CIEN) came out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.74 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of 80%. A quarter ago, it was expected that this developer of high-speed networking technology would post earnings of $0.47 per share when it actually produced earnings of $0.66, delivering a surprise of 40.43%. Over the last f ...

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FOR IMMEDIATE RELEASE • Q2 Revenue: $910.8 million For the fiscal second quarter 2024, Ciena reported revenue of $910.8 million as compared to $1.13 billion for the fiscal second quarter 2023. Fiscal Second Quarter 2024 Performance Summary 1 | --- | --- | --- | --- | --- | --- | --- | |----------------------------------------|-------|-------------------------------|-----------------------------------|-------|--------------------------------------------|---------------| | | | Revenue \nQ2 FY \nRevenue | by G ...

Ciena Corporation's (CIEN) cutting-edge optical technology has been deployed by India-based Space World Group's subsidiary, Constl. Constl is utilizing Ciena's optical technology to offer high-speed Metro Area Network and National Long Distance connectivity services across its "state-of-the-art pan-India network," enhancing the connectivity solutions in the region. Space World Group, the holding company of Constl, is a renowned conglomerate that invests in technologydriven companies focused on elevating cus ...

In its upcoming report, Ciena (CIEN) is predicted by Wall Street analysts to post quarterly earnings of $0.15 per share, reflecting a decline of 79.7% compared to the same period last year. Revenues are forecasted to be $896.62 million, representing a year-over-year decrease of 20.8%. Over the last 30 days, there has been a downward revision of 2.6% in the consensus EPS estimate for the quarter, leading to its current level. This signifies the covering analysts' collective reconsideration of their initial f ...

Ciena Corporation (CIEN) is scheduled to report second-quarter fiscal 2024 results on Jun 6. The Zacks Consensus Estimate for earnings is pegged at 15 cents per share, implying a 79.7% decrease from the year-ago level. For the fiscal second quarter, management expects revenues in the range of $850-$930 million. The consensus estimate for revenues is pegged at $896.6 million, indicating a decline of 20.8% from the prioryear level. CIEN has a trailing four-quarter earnings surprise of 21.3%, on average. Share ...