Ciena (CIEN) 10-K Summary — Year Ended Oct 28, 2023
Ciena Corporation filed its annual 10-K for the most recent fiscal year. The report shows revenue growth compared to the prior year, with positive operating income and net income.
Key takeaway
Year ended Oct 28, 2023 · FY2025 10-K
Ciena Corporation filed its annual 10-K for the most recent fiscal year. The report shows revenue growth compared to the prior year, with positive operating income and net income.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$4.4B
Revenue reported for the fiscal year.
Operating income
$357.5M
Income from operations reported for the year.
Net income
$254.8M
Net income reported for the year.
Operating cash flow
$168.3M
Cash generated by operating activities.
Annual revenue trend
Reported annual revenue and its change from the preceding fiscal year.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Oct 30, 2021 | $3.6B | n/a |
| Oct 29, 2022 | $3.6B | +0.3% |
| Oct 28, 2023 | $4.4B | +20.8% |
Business overview
The company's business is outlined in the Business overview section of the filing. Specific details of the business are not included in the supplied data.
Financial performance
Revenue increased compared to the prior year. The company reported operating income and net income, and generated positive operating cash flow.
Material risks
The filing identifies risk factors, but specific details are not provided in the supplied data.
Liquidity and capital
The filing discusses liquidity and capital resources, including a stock repurchase authorization.
What to watch
Monitor the trend in revenue growth and operating cash flow in the next filing.