Summary
Ciena Corp's (CIEN) 10-Q filing for the period ending July 31, 2011, reveals a company navigating a challenging economic environment. While the provided content outlines the structure of the report and its key financial statements, specific performance metrics for the third quarter and nine months of fiscal year 2011 compared to 2010 are not detailed here. Investors should focus on the 'Management's Discussion and Analysis' section for qualitative insights into the company's operational performance, financial condition, and outlook. The report also includes important updates on legal proceedings, risk factors, and controls, which are critical for a comprehensive understanding of the company's current standing and potential future risks.
Financial Highlights
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Financial Statements
Beta
| Revenue | $435.31M |
| Cost of Revenue | $250.42M |
| Gross Profit | $184.90M |
| R&D Expenses | $93.22M |
| Operating Expenses | $202.28M |
| Operating Income | -$17.39M |
| Interest Expense | $9.47M |
| Net Income | -$31.45M |
| EPS (Basic) | $-0.33 |
| EPS (Diluted) | $-0.33 |
| Shares Outstanding (Basic) | 96.31M |
| Shares Outstanding (Diluted) | 96.31M |
Key Highlights
- 1The filing includes the Condensed Consolidated Statements of Operations for the quarters and nine months ended July 31, 2010 and 2011, providing a basis for year-over-year performance analysis.
- 2Condensed Consolidated Balance Sheets as of October 31, 2010, and July 31, 2011, offer insights into the company's asset, liability, and equity structure at two key points in time.
- 3Condensed Consolidated Statements of Cash Flows for the nine months ended July 31, 2010 and 2011 are presented, detailing the company's cash generation and usage activities.
- 4The 'Management's Discussion and Analysis of Financial Condition and Results of Operations' is a crucial section for understanding the narrative behind the numbers.
- 5Item 1A, 'Risk Factors,' is essential for investors to identify and assess potential challenges and uncertainties facing Ciena Corp.
- 6The report includes disclosures on Legal Proceedings and Controls and Procedures, providing transparency on regulatory and operational matters.