Core Viewpoint - Analysts expect Ciena (CIEN) to report quarterly earnings of $0.52 per share, reflecting a year-over-year increase of 92.6%, with revenues projected at $1.1 billion, up 20.3% from the previous year [1]. Earnings Estimates - There has been a 3.9% upward revision in the consensus EPS estimate over the last 30 days, indicating analysts' reassessment of their forecasts [1][2]. Revenue Projections - Revenue from Total Networking Platforms is expected to reach $829.74 million, representing a 22.7% increase year-over-year [4]. - Total Global Services revenue is projected at $144.17 million, indicating a 7% year-over-year change [4]. - Revenue from Software and Services (Platform + Blue Planet Automation) is estimated at $117.98 million, reflecting an 18.2% increase from the prior year [5]. - Revenue from Platform Software and Services is expected to be $100.05 million, showing a 17.2% year-over-year change [5]. - Revenue from Blue Planet Automation Software and Services is projected at $25.43 million, indicating a significant 76.6% increase year-over-year [6]. - Revenue from Optical Networking within Networking Platforms is expected to reach $723.28 million, reflecting a 29.1% year-over-year increase [6]. - Revenue from Networking Platforms (Routing and Switching) is projected at $103.56 million, indicating a decline of 10.8% from the previous year [7]. - Revenue from Services is expected to be $222.76 million, reflecting a 6.3% year-over-year increase [7]. - Total Products revenue is projected at $874.35 million, indicating a 24.7% increase year-over-year [7]. Gross Profit Estimates - Gross profit from Products is expected to reach $356.09 million, compared to $285.58 million reported in the same quarter last year [8]. - Gross profit from Services is projected at $100.18 million, down from $103.08 million reported in the same quarter last year [8]. Stock Performance - Ciena shares have returned +9.9% over the past month, outperforming the Zacks S&P 500 composite's +6.1% change [8].
Unveiling Ciena (CIEN) Q2 Outlook: Wall Street Estimates for Key Metrics