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Ciena Corp  (CIEN)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 

CIEN's Revenue Growth by Quarter and Year

Ciena's Revenue results by quarter and year




CIEN Revenue (in millions $) FY 2024 FY 2023 FY 2022 FY 2021
IV Quarter October - 1,129.49 971.01 1,041.49
III Quarter July - 1,067.89 867.98 988.14
II Quarter April - 1,132.66 949.23 833.93
I Quarter January 1,037.71 1,056.52 844.44 757.13
FY   1,037.71 4,386.56 3,632.66 3,620.69



CIEN Revenue first quarter 2024 Y/Y Growth Comment
Ciena Corp reported decrease in Revenue in the first quarter 2024 by -1.78% to $ 1,037.71 millions, from the same quarter in 2023.
The decrease in the first quarter 2024 Ciena Corp's Revenue compares unfavorably to the Company's average Revenue increase of 18.83%.

Looking into first quarter 2024 results within Consumer Electronics industry 19 other companies have achieved higher Revenue growth. While Ciena Corp' s Revenue decline of -1.78% ranks overall at the positon no. 1802 in the first quarter 2024.




CIEN Revenue ( Y/Y Growth %) 2024
2023 2022 2021
IV Quarter October - 16.32 % -6.77 % 25.71 %
III Quarter July - 23.03 % -12.16 % 1.17 %
II Quarter April - 19.32 % 13.83 % -6.72 %
I Quarter January -1.78 % 25.11 % 11.53 % -9.1 %
FY   - 20.75 % 0.33 % 2.51 %

Financial Statements
Ciena's first quarter 2024 Revenue $ 1,037.71 millions CIEN's Income Statement
Ciena's first quarter 2023 Revenue $ 1,056.52 millions Quarterly CIEN's Income Statement
New: More CIEN's historic Revenue Growth >>


CIEN Revenue (Quarter on Quarter Growth %)

2024
2023 2022 2021
IV Quarter October - 5.77 % 11.87 % 5.4 %
III Quarter July - -5.72 % -8.56 % 18.49 %
II Quarter April - 7.21 % 12.41 % 10.14 %
I Quarter January -8.13 % 8.81 % -18.92 % -8.61 %
FY (Year on Year)   - 20.75 % 0.33 % 2.51 %




Revenue first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry #20
Technology Sector #303
Overall #1802

Revenue Y/Y Growth Statistics
High Average Low
146.37 % 18.83 % -41.35 %
(Jan. 31, 2011)   (Oct 31 2016)
Revenue first quarter 2024 Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry #20
Technology Sector #303
Overall #1802
Revenue Y/Y Growth Statistics
High Average Low
146.37 % 18.83 % -41.35 %
(Jan. 31, 2011)   (Oct 31 2016)

Revenue by Quarter for the Fiscal Years 2021, 2022, 2023, 2024

Ciena's Q/Q Revenue Growth


Revenue Q/Q Growth Statistics
High Average Low
102.53 % 4.7 % -53.07 %
(Oct 31 2015)  


CIEN's I. Quarter Q/Q Revenue Comment
In the I. Quarter 2024 Ciena Corp realized drop in Revenue sequentially by -8.13% to $ 1,037.71 millions, from $ 1,129.49 millions released in the previous reporting period.

Although cyclical factors usually elevate I. Quarter 2024 performance, it clearly could not be substantial to salvage Consumer Electronics's company I. Quarter performance, Juan Cook, an industry contributor said and wrote that average sequential Revenue growth is at 4.7% for CIEN.

Within Consumer Electronics industry 17 other companies have achieved higher Revenue quarter on quarter growth. While Ciena's Revenue growth quarter on quarter, overall rank is 2059.


Revenue Q/Q Growth Company Ranking
Within: No.
Consumer Electronics Industry #18
Technology Sector #324
Overall #2059
Revenue Q/Q Growth Company Ranking
Within: No.
Consumer Electronics Industry #18
Technology Sector #324
Overall #2059
Revenue Q/Q Growth Statistics
High Average Low
102.53 % 4.7 % -53.07 %
(Oct 31 2015)  


CIEN's I. Quarter Q/Q Revenue Comment
In the I. Quarter 2024 Ciena Corp realized drop in Revenue from the previous quarter by -8.13% to $ 1,037.71 millions, from $ 1,129.49 millions achived in the previous quarter.

Those periodic circumstance that usually energize I. Quarter 2024 results, could not recover the I. Quarter for the Ciena Corp, Juan Cook, an industry contributor said and continued that average quarter on quarter Revenue growth is at 4.7% for the Consumer Electronics's company.

Within Consumer Electronics industry 17 other companies have achieved higher Revenue quarter on quarter growth. While Ciena's Revenue growth quarter on quarter, overall rank is 2059.


Ciena's 12 Months Revenue Growth Year on Year


Revenue TTM Growth

12 Months Ending
(Jan 27 2024)
12 Months Ending
(Oct 28 2023)
12 Months Ending
(Jul 29 2023)
12 Months Ending
(Apr 29 2023)
12 Months Ending
(Jan 28 2023)
Cumulative Revenue 12 Months Ending $ 4,367.74 $ 4,386.55 $ 4,228.07 $ 4,028.17 $ 3,844.74
Y / Y Revenue Growth (TTM) 13.6 % 20.75 % 14.18 % 5.36 % 3.69 %
Year on Year Revenue Growth Overall Ranking # 1038 # 2170 # 1704 # 1465 # 2138
Seqeuential Revenue Change (TTM) -0.43 % 3.75 % 4.96 % 4.77 % 5.84 %
Seq. Revenue Growth (TTM) Overall Ranking # 833 # 852 # 1337 # 2234 # 2715




Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jan 27 2024 period, Ciena's cumulative twelve months Revenue were $ 4,368 millions, company would post below average annual Revenue growth of 5.84% year on year, if the fiscal year would end at Jan 27 2024.
A slow-down in the Ciena's Revenue growth from the 3632.661% growth in Oct 28 2023.

In the Technology sector 173 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 1038, from total ranking in previous quarter at 2170.

Revenue TTM Q/Q Growth Statistics
High Average Low
126 %
17.56 %
-30.14 %
(Jan. 31, 2011)  

Revenue TTM Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry # 7
Technology Sector # 174
Overall # 1038

Revenue TTM Y/Y Growth Statistics
High Average Low
126 %
17.56 %
-30.14 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 16
Sector # 223
S&P 500 # 1313
Cumulative Revenue growth Comment
With the quarterly Revenue reported in the Jan 27 2024 period, Ciena's cumulative twelve months Revenue were $ 4,368 millions, company would post below average annual Revenue growth of -30.14% year on year, if the fiscal year would end at Jan 27 2024.
A slow-down in the Ciena's Revenue growth from the 3632.661% growth in Oct 28 2023.

In the Technology sector 173 other companies have achieved higher trailing twelve month Revenue growth. While Total ranking has impoved so far to 1038, from total ranking in previous quarter at 2170.

Revenue TTM Q/Q Growth Statistics
High Average Low
126 %
17.56 %
-30.14 %
(Jan. 31, 2011)  


Revenue TTM Y/Y Growth Company Ranking
Within: No.
Consumer Electronics Industry # 7
Technology Sector # 174
Overall # 1038

Revenue TTM Y/Y Growth Statistics
High Average Low
126 %
17.56 %
-30.14 %
 


Revenue TTM Q/Q Growth Company Ranking
Within: No.
Industry # 16
Sector # 223
S&P 500 # 1313




Other Revenue Growth
Consumer Electronics Industry Revenue Growth Trends and Statistics
Technology Sector Revenue Growth Statistics
Revenue Growth Trends for overall market
CIEN's Revenue Growth Ratio versus Consumer Electronics Industry, Technology Sector and total Market
Highest Ranking Revenue Growth
Lowest Ranking Revenue Growth
Revenue Growth for CIEN's Competitors
Revenue Growth for Ciena's Suppliers
Revenue Growth for CIEN's Customers

You may also want to know
CIEN's Annual Growth Rates CIEN's Profitability Ratios CIEN's Asset Turnover Ratio CIEN's Dividend Growth
CIEN's Roe CIEN's Valuation Ratios CIEN's Financial Strength Ratios CIEN's Dividend Payout Ratio
CIEN's Roa CIEN's Inventory Turnover Ratio CIEN's Growth Rates CIEN's Dividend Comparisons



Companies with similar Revenue drop for the quarter ending Jan 27 2024 within Technology SectorY/Y Change %Revenue for the quarter ending Jan 27 2024
Applied Materials Inc-0.47%$ -0.475 millions
Ciena Corp-1.78%$ -1.781 millions
Credo Technology Group Holding Ltd-3.15%$ -3.155 millions
Hp inc -4.65%$ -4.650 millions
Cisco Systems Inc -5.89%$ -5.893 millions
Hewlett Packard Enterprise Company-13.50%$ -13.497 millions
Hurco Companies inc -17.60%$ -17.598 millions
American Software Inc -17.95%$ -17.945 millions
Optical Cable Corporation-19.53%$ -19.526 millions
R F Industries Ltd-27.48%$ -27.476 millions
Salesforce Inc -31.04%$ -31.035 millions
Ncino Inc -41.46%$ -41.461 millions
Planet Labs Pbc-42.93%$ -42.933 millions
Semtech Corp-45.80%$ -45.797 millions
Asana Inc -55.98%$ -55.982 millions
Okta Inc -60.80%$ -60.800 millions
Hashicorp Inc -63.57%$ -63.565 millions
Smartsheet Inc -69.10%$ -69.105 millions
Mongodb Inc -83.55%$ -83.553 millions
Braze Inc -84.36%$ -84.362 millions
Gitlab Inc -92.69%$ -92.686 millions
Snowflake Inc -94.02%$ -94.022 millions




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