01—Abstract
Summary
Summary of the 10-Q filed May 20, 2004. Cited figures are marked; the original filing is the authoritative source.
Ciena Corporation (CIEN) filed its quarterly report for the period ending April 30, 2004.
This report details the company's financial performance and condition for the second quarter of fiscal year 2004. Investors should pay close attention to the results of operations, balance sheet changes, and cash flow statements as these provide insights into the company's revenue generation, profitability, asset base, and liquidity. The Management's Discussion and Analysis (MD&A) section is crucial for understanding the factors influencing these financial results, including any significant trends, risks, or uncertainties the company faces.
The report also covers important disclosures regarding market risk and internal controls, offering a comprehensive view of Ciena's operational and financial landscape during the reported period. As an accelerated filer, Ciena's timely disclosures are critical for informed investment decisions.
02—Key points
Key Highlights
- The report covers the quarterly period ended April 30, 2004.
- Ciena Corporation is incorporated in Delaware.
- The company has filed all required reports for the preceding 12 months and is considered an accelerated filer.
- As of May 18, 2004, Ciena had 567,680,002 shares of common stock outstanding.
- The filing includes unaudited consolidated financial statements for the quarters and six months ended April 30, 2003, and April 30, 2004.
- Key sections include Management's Discussion and Analysis of Financial Condition and Results of Operations and Quantitative and Qualitative Disclosures about Market Risk.
- The report also addresses legal proceedings, changes in securities, and controls and procedures.
03—Questions
Frequently Asked Questions
What is the primary purpose of this 10-Q filing for Ciena Corp?
This 10-Q filing provides an update on Ciena Corporation's financial performance and condition for the quarterly period ended April 30, 2004. It includes unaudited financial statements, management's analysis of the results, and other important disclosures for investors.
Is Ciena Corporation considered a large or small company based on its stock information?
Ciena Corporation had over 567 million shares of common stock outstanding as of May 18, 2004. This indicates a substantial number of shares in circulation, which is typical for publicly traded companies.
Where can I find information about Ciena's operational performance and financial health?
The most crucial section for understanding Ciena's operational performance and financial health is 'Management's Discussion and Analysis of Financial Condition and Results of Operations' (Item 2). This section provides narrative explanations of the financial results presented in the statements.
What does it mean that Ciena is an 'accelerated filer'?
Being an 'accelerated filer' means Ciena meets certain criteria related to its market capitalization and filing history. It implies the company is generally larger and more established, and it's required to file its periodic reports, including this 10-Q, more promptly than non-accelerated filers.
04—Continue