0
Broadband

Ciena revenue up to USD 729 mln in Q3, doubles profit

Tuesday 5 September 2017 | 14:23 CET | News
Ciena reported revenues of USD 728.7 million for its fiscal third quarter to end July, up from USD 670.6 million the year earlier and in the mid range of its guidance. The company's net profit almost doubled to USD 60.0 million, or USD 0.39 per diluted share, from USD 33.5 million, or USD 0.23 per diluted share at the end of Q3 2016. In terms of segments, Networking Platforms was up 10 percent year on year to USD 592.3 million, Software and Software-Related Services surged 34 percent to USD 42.3 million but Global Services fell 4 percent to USD 94.1 million.

Thank you for visiting Telecompaper

We hope you've enjoyed your free articles. Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Fixed
Companies: Ciena
Countries: World
::: add a comment

Add comment

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Ciena starts new share buyback programme as revenues grow in Q4

Published 07 Dec 2017 16:19 CET | World
Results for the quarter, as well as for the full year, reflect a tax benefit of USD 1.13 billion. As a result the net profit for ...

Ciena lanceert nieuwe oplossingen voor Packet Networking

Published 09 Nov 2017 15:45 CET | World
Ciena heeft nieuwe hardware- en softwarefunctionaliteit toegevoegd aan het Packet Networking-portfolio. Dienstverleners en grote ...

Omzet Ciena stijgt in fiscaal Q3, winst verdubbelt

Published 06 Sep 2017 09:22 CET | World
Ciena heeft over zijn derde fiscale kwartaal van dit jaar een omzet gerealiseerd van 728,7 miljoen dollar. Een jaar geleden kwam ...

Ciena quarterly sales top expectations, margins improve

Published 01 Jun 2017 16:39 CET | World
Ciena reported revenues for its fiscal second quarter to April of USD 707 million, up 10 percent from a year earlier and at the ...

Ciena grows fiscal Q1 revenues 8.4%

Published 08 Mar 2017 16:48 CET | World
Ciena reported revenues of USD 621.5 million for its fiscal first quarter to January, up from USD 573.1 million a year earlier ...

Ciena's Waveserver Ai takes single rack capacity to 2.4 Tbps

Published 23 Feb 2017 08:49 CET | World
Ciena has unveiled its new Waveserver Ai, aimed at delivering massive scale for data centre interconnect: up to 400G per ...

Ciena revenues lift to USD 670.6 mln in Q3

Published 01 Sep 2016 14:36 CET | World
Ciena said revenues rose to USD 670.6 million during its fiscal third quarter to end July, well within its guidance of USD ...

Ciena revenues lift to USD 640.7 mln in Q2

Published 02 Jun 2016 16:41 CET | World
Ciena said unaudited second fiscal quarter revenues to end April lifted to USD 640.7 million from 621.6 million the year before, ...





-/- 0.2%
Total service revenues y-o-y
Belgium  |  2017 Q3