Ciena Historical Income Statement

CIEN Stock  USD 70.13  1.96  2.88%   
Historical analysis of Ciena Corp income statement accounts such as Interest Expense of 141.8 M, Selling General Administrative of 260 M or Total Revenue of 5.3 B can show how well Ciena Corp performed in making a profits. Evaluating Ciena Corp income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Ciena Corp's future profits or losses.
 
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Financial Statement Analysis is much more than just reviewing and examining Ciena Corp latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Ciena Corp is a good buy for the upcoming year.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciena Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.

About Ciena Income Statement Analysis

Ciena Corp Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Ciena Corp shareholders. The income statement also shows Ciena investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).

Ciena Corp Income Statement Chart

At this time, Ciena Corp's Operating Income is very stable compared to the past year. As of the 25th of November 2024, EBIT is likely to grow to about 464.7 M, while Total Operating Expenses is likely to drop about 884.4 M.

Interest Expense

The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.

Total Revenue

Total revenue comprises all receipts Ciena Corp generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.

Other Operating Expenses

Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Ciena Corp. It is also known as Ciena Corp overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.
Most accounts from Ciena Corp's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Ciena Corp current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciena Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.At this time, Ciena Corp's Operating Income is very stable compared to the past year. As of the 25th of November 2024, EBIT is likely to grow to about 464.7 M, while Total Operating Expenses is likely to drop about 884.4 M.
 2021 2022 2023 2024 (projected)
Interest Expense47.1M88.0M79.2M141.8M
Depreciation And Amortization140.2M142.2M128.0M160.3M

Ciena Corp income statement Correlations

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0.50.630.60.540.650.090.140.680.240.640.280.04-0.34-0.040.050.140.09-0.37-0.30.090.290.150.34-0.13
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0.670.540.980.990.980.790.820.960.90.980.790.75-0.760.320.070.770.46-0.16-0.470.11-0.340.820.71-0.82
0.730.651.00.990.980.640.681.00.781.00.810.59-0.760.220.090.760.4-0.28-0.530.13-0.220.750.7-0.75
0.230.090.680.720.790.641.00.60.970.670.480.99-0.510.450.070.570.450.31-0.090.08-0.50.860.54-0.83
0.260.140.720.760.820.681.00.640.980.70.510.99-0.560.450.070.590.460.29-0.110.08-0.490.860.57-0.84
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0.590.140.750.770.770.760.570.590.740.670.760.980.52-0.680.210.060.39-0.24-0.610.1-0.440.680.59-0.71
0.380.090.390.420.460.40.450.460.40.50.390.390.43-0.30.96-0.820.39-0.11-0.33-0.8-0.470.310.29-0.18
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0.260.340.710.710.710.70.540.570.730.610.70.620.55-0.410.270.010.590.290.13-0.060.030.090.56-0.53
-0.39-0.13-0.78-0.79-0.82-0.75-0.83-0.84-0.71-0.86-0.77-0.64-0.820.69-0.1-0.36-0.71-0.18-0.150.23-0.380.44-0.93-0.53
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Ciena Corp Account Relationship Matchups

Ciena Corp income statement Accounts

201920202021202220232024 (projected)
Depreciation And Amortization132.5M132.3M140.2M142.2M128.0M160.3M
Interest Expense30.4M32.6M47.1M88.0M79.2M141.8M
Selling General Administrative169.5M181.9M179.4M215.3M247.6M260.0M
Total Revenue3.5B3.6B3.6B4.4B5.0B5.3B
Gross Profit1.7B1.7B1.6B1.9B2.2B2.3B
Other Operating Expenses3.0B3.1B3.4B4.0B4.6B4.9B
Operating Income487.0M495.4M222.8M357.5M411.2M431.7M
Ebit513.6M486.2M257.2M384.9M442.6M464.7M
Research Development529.9M536.7M624.7M750.6M863.1M906.3M
Ebitda646.2M618.5M397.4M527.0M606.1M636.4M
Cost Of Revenue1.9B1.9B2.1B2.5B2.9B3.0B
Total Operating Expenses1.1B1.2B1.3B1.5B1.7B884.4M
Income Before Tax456.0M462.8M182.5M323.7M372.2M390.8M
Total Other Income Expense Net(31.0M)(32.6M)(40.3M)(33.9M)(39.0M)(40.9M)
Net Income361.3M500.2M152.9M254.8M293.1M307.7M
Income Tax Expense94.7M(37.4M)29.6M68.8M61.9M65.0M
Net Income Applicable To Common Shares361.3M500.2M152.9M254.8M293.1M307.7M
Selling And Marketing Expenses416.4M452.2M466.6M490.8M564.4M299.4M
Net Income From Continuing Ops361.3M500.2M152.9M254.8M293.1M307.7M
Non Recurring27.9M26.7M32.1M34.4M31.0M23.2M
Tax Provision94.7M(37.4M)29.6M68.8M79.1M83.1M
Interest Income6.9M2.1M6.7M62.0M55.8M58.6M
Net Interest Income(30.4M)(32.6M)(40.3M)(26.0M)(29.9M)(31.4M)
Reconciled Depreciation132.5M132.3M140.2M142.2M163.5M141.9M

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

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Moving against Ciena Stock

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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.
Pair CorrelationCorrelation Matching
When determining whether Ciena Corp offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Ciena Corp's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Ciena Corp Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Ciena Corp Stock:
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Ciena Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in income.
To learn how to invest in Ciena Stock, please use our How to Invest in Ciena Corp guide.
You can also try the FinTech Suite module to use AI to screen and filter profitable investment opportunities.
Is Communications Equipment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Ciena Corp. If investors know Ciena will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Ciena Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.50)
Earnings Share
0.94
Revenue Per Share
27.627
Quarterly Revenue Growth
(0.12)
Return On Assets
0.0252
The market value of Ciena Corp is measured differently than its book value, which is the value of Ciena that is recorded on the company's balance sheet. Investors also form their own opinion of Ciena Corp's value that differs from its market value or its book value, called intrinsic value, which is Ciena Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Ciena Corp's market value can be influenced by many factors that don't directly affect Ciena Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Ciena Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine if Ciena Corp is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Ciena Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.