Ciena Operating Income from 2010 to 2026
| CIEN Stock | USD 335.11 0.00 0.00% |
Operating Income | First Reported 1997-01-31 | Previous Quarter 75.3 M | Current Value 118.5 M | Quarterly Volatility 210.2 M |
Check Ciena Corp financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Ciena Corp's main balance sheet or income statement drivers, such as Depreciation And Amortization of 137.7 M, Interest Expense of 110.9 M or Selling General Administrative of 288.2 M, as well as many indicators such as Price To Sales Ratio of 1.63, Dividend Yield of 0.0 or PTB Ratio of 2.3. Ciena financial statements analysis is a perfect complement when working with Ciena Corp Valuation or Volatility modules.
Ciena | Operating Income | Build AI portfolio with Ciena Stock |
Evaluating Ciena Corp's Operating Income across multiple reporting periods reveals the company's ability to sustain growth and manage resources effectively. This longitudinal analysis highlights inflection points, cyclical patterns, and structural changes that short-term snapshots might miss, offering deeper insight into Ciena Corp's fundamental strength.
Latest Ciena Corp's Operating Income Growth Pattern
Below is the plot of the Operating Income of Ciena Corp over the last few years. Operating Income is the amount of profit realized from Ciena Corp operations after accounting for operating expenses such as cost of goods sold (COGS), wages and depreciation. Operating income takes the gross income and subtracts other operating expenses and then removes depreciation. Operating Income of Ciena Corp is typically a synonym for earnings before interest and taxes (EBIT) and is also commonly referred to as operating profit or recurring profit. It is earnings before interest and taxes (EBIT), representing the amount of profit a company generates from its operations. Ciena Corp's Operating Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Ciena Corp's overall financial position and show how it may be relating to other accounts over time.
| Operating Income | 10 Years Trend |
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Operating Income |
| Timeline |
Ciena Operating Income Regression Statistics
| Arithmetic Mean | 247,546,302 | |
| Coefficient Of Variation | 68.72 | |
| Mean Deviation | 132,548,285 | |
| Median | 253,196,000 | |
| Standard Deviation | 170,122,248 | |
| Sample Variance | 28941.6T | |
| Range | 610.8M | |
| R-Value | 0.68 | |
| Mean Square Error | 16426.2T | |
| R-Squared | 0.47 | |
| Significance | 0 | |
| Slope | 23,044,726 | |
| Total Sum of Squares | 463065.3T |
Ciena Operating Income History
Other Fundumenentals of Ciena Corp
Ciena Corp Operating Income component correlations
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About Ciena Corp Financial Statements
Ciena Corp investors utilize fundamental indicators, such as Operating Income, to predict how Ciena Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
| Last Reported | Projected for Next Year | ||
| Operating Income | 357.4 M | 375.3 M | |
| Non Operating Income Net Other | -22.7 M | -21.6 M |
Pair Trading with Ciena Corp
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Ciena Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Ciena Corp will appreciate offsetting losses from the drop in the long position's value.Moving together with Ciena Stock
| 0.8 | UI | Ubiquiti Networks | PairCorr |
| 0.88 | VIAV | Viavi Solutions | PairCorr |
| 0.81 | 3YL | SMARTOPTICS GRP AS | PairCorr |
| 0.82 | VSAT | ViaSat Inc | PairCorr |
Moving against Ciena Stock
| 0.8 | ALNTG | Netgem SA | PairCorr |
| 0.79 | EXTR | Extreme Networks | PairCorr |
| 0.79 | PARRO | Parrot | PairCorr |
| 0.76 | FKWL | Franklin Wireless Corp | PairCorr |
| 0.75 | ERFB | Erf Wireless | PairCorr |
The ability to find closely correlated positions to Ciena Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Ciena Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Ciena Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Ciena Corp to buy it.
The correlation of Ciena Corp is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Ciena Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Ciena Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Ciena Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Check out the analysis of Ciena Corp Correlation against competitors. To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.You can also try the Competition Analyzer module to analyze and compare many basic indicators for a group of related or unrelated entities.
Will Communications Equipment sector continue expanding? Could Ciena diversify its offerings? Factors like these will boost the valuation of Ciena Corp. Projected growth potential of Ciena fundamentally drives upward valuation adjustments. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Ciena Corp data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth (0.49) | Earnings Share 0.84 | Revenue Per Share | Quarterly Revenue Growth 0.203 | Return On Assets |
Investors evaluate Ciena Corp using market value (trading price) and book value (balance sheet equity), each telling a different story. Calculating Ciena Corp's intrinsic value - the estimated true worth - helps identify when the stock trades at a discount or premium to fair value. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. External factors like market trends, sector rotation, and investor psychology can cause Ciena Corp's market price to deviate significantly from intrinsic value.
It's important to distinguish between Ciena Corp's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding Ciena Corp should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. Conversely, Ciena Corp's market price signifies the transaction level at which participants voluntarily complete trades.