AI English summary of an SEC filing — figures as filed
The company said revenue for fiscal first quarter 2024 was $1.04 billion, compared with $1.06 billion a year earlier, and GAAP net income was $49.5 million ($0.34 per diluted share), compared with $76.2 million ($0.51 per share) a year earlier.
Key points
AI summaryThe company said revenue for fiscal first quarter 2024 was $1.04 billion, compared with $1.06 billion a year earlier, and GAAP net income was $49.5 million ($0.34 per diluted share), compared with $76.2 million ($0.51 per share) a year earlier.
Ciena said adjusted (non-GAAP) net income for fiscal first quarter 2024 was $96.8 million ($0.66 per diluted share), and Adjusted EBITDA was $160,026 thousand. Adjusted net income a year earlier was $95.6 million ($0.64 per share).
The company said operating cash flow for fiscal first quarter 2024 was $266.1 million, and cash and investments totaled $1.48 billion. In the cash flow statement, operating cash used a year earlier was $(265,639) thousand.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call. Some paragraphs were omitted because their support in the source could not be confirmed.
Q1 Revenue $1.04 billion, GAAP Net Income $49.5 million
The company said revenue for fiscal first quarter 2024 was $1.04 billion, compared with $1.06 billion a year earlier, and GAAP net income was $49.5 million ($0.34 per diluted share), compared with $76.2 million ($0.51 per share) a year earlier.
Source · Based on the filing body and exhibits
Adjusted Net Income $96.8 million, Adjusted EBITDA $160,026 thousand
Ciena said adjusted (non-GAAP) net income for fiscal first quarter 2024 was $96.8 million ($0.66 per diluted share), and Adjusted EBITDA was $160,026 thousand. Adjusted net income a year earlier was $95.6 million ($0.64 per share).
Source · Based on the filing body and exhibits
Quarterly Operating Cash Flow $266.1 million
The company said operating cash flow for fiscal first quarter 2024 was $266.1 million, and cash and investments totaled $1.48 billion. In the cash flow statement, operating cash used a year earlier was $(265,639) thousand.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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