Ciena (CIEN) 10-K Summary — Year Ended Nov 2, 2024
The filing provides an overview of Ciena Corporation's business, risks, and financial performance for the most recent fiscal year. Revenue declined from the prior year, while the company reported operating income, net income, and positive operating cash flow.
Key takeaway
Year ended Nov 2, 2024 · FY2025 10-K
The filing provides an overview of Ciena Corporation's business, risks, and financial performance for the most recent fiscal year. Revenue declined from the prior year, while the company reported operating income, net income, and positive operating cash flow.
Financial snapshot
Selected annual figures reported with the filing, shown separately from the narrative summary.
Annual revenue
$4B
Revenue reported for the fiscal year.
Operating income
$166.6M
Income from operations reported for the year.
Net income
$84M
Net income reported for the year.
Operating cash flow
$514.5M
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% |
| Nov 2, 2024 | $4B | -8.5% |
Business overview
The filing states that the company's business is described in Item 1, but no specific details are provided in the supplied context. The filing also includes a discussion of risk factors and management's analysis.
Financial performance
Revenue decreased compared to the previous year, as shown in the supplied trend data. Operating income, net income, and operating cash flow were reported, with the latter being the largest among the supplied metrics.
Material risks
The filing references Item 1A for risk factors, but no specific risks are enumerated in the supplied context. No material risks can be identified from the available data.
Liquidity and capital
The filing includes a discussion of liquidity and capital resources, referencing a stock repurchase authorization. No further details on capital allocation are provided.
What to watch
The next filing should be monitored for any update on the revenue trend, as the most recent year showed a decline after several years of growth.