What Analyst Projections for Key Metrics Reveal About Ciena (CIEN) Q3 Earnings

Core Viewpoint - Analysts project that Ciena (CIEN) will report quarterly earnings of $0.26 per share, reflecting a year-over-year decline of 55.9%, with revenues expected to reach $927.49 million, down 13.2% from the same quarter last year [1]. Revenue Estimates - Revenue from Total Networking Platforms is estimated at $695.88 million, indicating a decline of 17.8% year-over-year [4]. - Revenue from Total Global Services is projected at $133.39 million, suggesting a year-over-year increase of 3.2% [4]. - Revenue from Software and Services (Platform + Blue Planet Automation) is expected to be $103.75 million, reflecting a growth of 12.8% from the prior year [5]. - Revenue from Platform Software and Services is estimated at $83.49 million, indicating a year-over-year increase of 5.8% [5]. - Revenue from Networking Platforms (Optical Networking) is projected at $583.63 million, showing a decline of 18.8% year-over-year [6]. - Revenue from Blue Planet Automation Software and Services is expected to reach $21.38 million, reflecting a significant increase of 63.2% year-over-year [6]. - Revenue from Products is estimated at $728.24 million, indicating a decline of 15.8% from the same quarter last year [6]. - Revenue from Services is projected at $192.95 million, reflecting a decrease of 4.8% year-over-year [7]. - Revenue from Global Services (Maintenance Support and Training) is expected to be $76.47 million, indicating a year-over-year increase of 4.9% [7]. - Revenue from Global Services (Installation and Deployment) is projected at $48.56 million, reflecting a growth of 3.8% from the prior year [8]. - Revenue from Global Services (Consulting and Network Design) is expected to reach $11.13 million, indicating a year-over-year increase of 15.9% [8]. Profit Estimates - Gross profit from Products is expected to be $304.49 million, down from $348.30 million reported in the same quarter last year [9]. Stock Performance - Over the past month, Ciena shares have recorded returns of 8.1%, outperforming the Zacks S&P 500 composite's 2.6% change [9].