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Yahoo
17 hours ago
- Business
- Yahoo
Compared to Estimates, Ciena (CIEN) Q2 Earnings: A Look at Key Metrics
Ciena (CIEN) reported $1.13 billion in revenue for the quarter ended April 2025, representing a year-over-year increase of 23.6%. EPS of $0.42 for the same period compares to $0.27 a year ago. The reported revenue represents a surprise of +2.78% over the Zacks Consensus Estimate of $1.1 billion. With the consensus EPS estimate being $0.52, the EPS surprise was -19.23%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately. Here is how Ciena performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Revenue- Total Networking Platforms: $866.30 million versus $829.74 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +28.1% change. Revenue- Total Global Services: $146.20 million compared to the $144.17 million average estimate based on four analysts. The reported number represents a change of +8.5% year over year. Revenue- Software and Services- Total (Platform+Blue Planet Automation): $113.40 million compared to the $117.98 million average estimate based on four analysts. The reported number represents a change of +13.6% year over year. Revenue- Networking Platforms- Routing and Switching: $92.70 million versus $103.56 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a -20.2% change. Revenue- Networking Platforms- Optical Networking: $773.60 million compared to the $723.28 million average estimate based on three analysts. The reported number represents a change of +38.1% year over year. Revenue- Products: $898.58 million versus $874.35 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +28.1% change. Revenue- Blue Planet Automation Software and Services: $28 million versus $25.43 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a +94.4% change. Revenue- Platform Software and Services: $85.40 million versus $100.05 million estimated by three analysts on average. Compared to the year-ago quarter, this number represents a 0% change. Revenue- Services: $227.30 million versus the three-analyst average estimate of $222.76 million. The reported number represents a year-over-year change of +8.5%. Gross profit- Products: $348.60 million versus the three-analyst average estimate of $356.09 million. Gross profit- Services: $104.24 million versus $100.18 million estimated by three analysts on average. View all Key Company Metrics for Ciena here>>>Shares of Ciena have returned +14.4% over the past month versus the Zacks S&P 500 composite's +5.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Ciena Corporation (CIEN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
4 days ago
- Business
- Yahoo
CIEN's Q2 Earnings on Deck: Should Investors Expect a Beat This Time?
Ciena Corporation CIEN is scheduled to report second-quarter fiscal 2025 results on June 5, before market Zacks Consensus Estimate for earnings is pegged at 52 cents per share, implying a 92.6% increase from the year-ago consensus estimate for revenues is pegged at $1.1 billion, suggesting a 20.3% rise from the prior-year level. For the fiscal second quarter, management expects revenues to be in the range of $1.05 billion to $1.13 earnings surpassed the Zacks Consensus Estimate in three of the last four quarters while lagging in one. It delivered a trailing four-quarter earnings surprise of 40%, on average. Shares of the company have soared 67.1% in the past year compared with the Zacks Fiber Optics industry's growth of 33.2%. Image Source: Zacks Investment Research Ongoing demand for high-speed connectivity driven by artificial intelligence (AI) and cloud services is likely to have aided Ciena's top-line performance in the fiscal second quarter. The proliferation of AI applications and increased cloud adoption are driving substantial network traffic, benefiting Ciena's core offerings. The company continues to witness strong, broad-based momentum across its portfolio of critical technologies serving both service provider and cloud provider is strategically positioned to benefit from the ongoing investments in AI and cloud infrastructure. Its optical networking solutions are essential for high-speed data transmission between data centers, a critical requirement for AI workloads. Continued advancements in optical networking technologies position Ciena favorably in the market. We estimate sales from optical networking to reach $678.8 million in the fiscal second quarter, up 21% year over year. The surging adoption of Blue Planet software is another tailwind. We expect revenues from Blue Planet Automation Software and Services to climb 50% year over year to $21.8 million in the quarter. Ciena's interconnects portfolio is also gaining momentum and offers strong growth potential, especially with AI in metro data center campuses and future in-data center use. Interconnects refer to tech that connects and links data centers, including pluggables and WaveLogic portfolio is key to building top-tier network backbones for the AI and cloud economy, both on land and undersea. Its WaveLogic 6 Extreme technology is gaining traction, with 20 new customers added in the fiscal first quarter, indicating strong market acceptance. Management plans to launch its 800G WaveLogic 6 nano pluggable in the first half of fiscal 2025, with deployments later for Metro DCI use. It also supports the first 1.6T Coherent-Lite solution for 2–20 km campus use, set for 2026. Ciena Corporation price-eps-surprise | Ciena Corporation Quote However, potential disruptions due to tariffs and global macroeconomic uncertainties could adversely impact supply chains and customer spending patterns. Heavy reliance on a few customers and intense competition in the communications networking equipment, software and services market are likely to have weighed on CIEN's performance in the fiscal second the fiscal second quarter, revenues from Global Services and Platform Software and Services are pegged at $156.3 million and $117.9 million, up 16.1% and 38% year over year. In May 2025, Ciena's Blue Planet software was adopted by Telefonica Germany to create one of Europe's first public cloud platforms for network automation and 5G monetization. The software helps manage and automate the network, including tools for inventory, orchestration and 5G network slicing, supporting Telefonica's IT and network Planet was also leveraged by Swisscom to modernize its assurance systems. Blue Planet's Unified Assurance and Analytics (UAA) will help manage faults and performance across Swisscom's network, starting with access and transport, and later covering mobile backhaul and B2B March 2025, Ciena and Lumen Technologies completed a successful trial of a 1.2 terabit wavelength service throughout 3,050 kilometers (more than 1,800 miles) on Lumen's Ultra-Low-Loss fiber network. This achievement marks the longest 1.2 terabit non-regenerated signal ever recorded. Our proven model predicts an earnings beat for CIEN in this earnings season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. This is exactly the case has an Earnings ESP of +20.10% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they're reported with our Earnings ESP Filter. Here are some companies which, according to our model, also have the right combination of elements to post an earnings beat this season:Dollar Tree DLTR currently has an Earnings ESP of +5.49% and a Zacks Rank of 3. The company is likely to register top and bottom-line declines when it reports first-quarter fiscal 2025 results on June 4. The consensus mark for DLTR's quarterly revenues is pegged at $4.5 billion, which indicates a plunge of 40.5% from the figure reported in the prior-year quarter. You can see the complete list of today's Zacks #1 Rank stocks Zacks Consensus Estimate for Dollar Tree's earnings has moved up a couple of cents to $1.20 per share in the past 30 days. The consensus estimate indicates a drop of 16.1% from the year-ago quarter's actual. DLTR delivered a negative trailing four-quarter earnings surprise of 8.4%, on General Corporation DG currently has an Earnings ESP of +2.64% and a Zacks Rank #3. The Zacks Consensus Estimate for first-quarter fiscal 2025 earnings per share has increased a penny in the past 30 days to $1.47, implying a 10.9% year-over-year decline. DG is slated to release quarterly results on June Zacks Consensus Estimate for quarterly revenues is pegged at $10.3 billion, which indicates an increase of 3.7% from the figure reported in the prior-year quarter. DG delivered a trailing four-quarter earnings surprise of 1.2%, on athletica LULU currently has an Earnings ESP of +1.82% and a Zacks Rank of 3. LULU is slated to report first-quarter fiscal 2025 results on June 5. The Zacks Consensus Estimate for its quarterly revenues is pegged at $2.4 billion, indicating 6.6% growth from the figure reported in the year-ago consensus estimate for LULU's earnings has been pegged at $2.58 per share, indicating a drop of 1.6% from the year-ago quarter's actual. LULU has a trailing four-quarter earnings surprise of 6.6%, on average. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Dollar General Corporation (DG) : Free Stock Analysis Report Dollar Tree, Inc. (DLTR) : Free Stock Analysis Report Ciena Corporation (CIEN) : Free Stock Analysis Report lululemon athletica inc. (LULU) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
CTV News
25-05-2025
- General
- CTV News
Community farm building bridges between newcomers and First Nations
On a former construction site in southeast Calgary, an urban farm provides newcomers access to land to grow food and build meaningful relationships with the Indigenous community. (Drew Miller/CTV News Edmonton) On a former construction site in southeast Calgary, an urban farm provides newcomers access to land not only to grow food but to build meaningful relationships with the Indigenous community. Rod Olson is now an urban farmer but he was once a refugee settlement counsellor and founded Land of Dreams after seeing some newcomers struggle with city life. 'I saw a lot of people with agriculture backgrounds coming into the city, and we put them in the urban environment, and we hope that they're going to do well, and a lot of them struggle because their identity is as farmers,' he says. 'Typically they're told, 'Well, that's too hard to do in Canada.' So we feel like we're making an opportunity for them to actually become farmers.' When Land of Dreams began, it was just about providing space for people to grow food for their own consumption, but that changed last year after teaming up with Blue Planet. 'They're bringing some of their waste product, which, mixed with our heavy clay soil in Calgary has made things much more productive, and so we've got excess and so we're going to experiment with a social enterprise, which means we're selling some of our produce to some restaurants in Calgary, to some local community associations,' says Olson. Olson says interest in the urban farm has increased over the years but finds the burgeoning relationship between the Indigenous community and the newcomers most rewarding as they work together to rehabilitate the land. 'There's way more in common than people might think,' says Olson. 'We had no idea that was going to be one of the surprises that we found here and so I think there's a real sense of life and joy and love that seems to be emerging because we're treating the land in a good way.' Land of Dreams has been operating since 2019 and is located at 6525 – 84 Street SE.
CTV News
25-05-2025
- General
- CTV News
Community farm building bridges between newcomers and First Nations
On a former construction site in southeast Calgary, an urban farm provides newcomers access to land to grow food and build meaningful relationships with the Indigenous community. (Drew Miller/CTV News Edmonton) On a former construction site in southeast Calgary, an urban farm provides newcomers access to land not only to grow food but to build meaningful relationships with the Indigenous community. Rod Olson is now an urban farmer but he was once a refugee settlement counsellor and founded Land of Dreams after seeing some newcomers struggle with city life. 'I saw a lot of people with agriculture backgrounds coming into the city, and we put them in the urban environment, and we hope that they're going to do well, and a lot of them struggle because their identity is as farmers,' he says. 'Typically they're told, 'Well, that's too hard to do in Canada.' So we feel like we're making an opportunity for them to actually become farmers.' When Land of Dreams began, it was just about providing space for people to grow food for their own consumption, but that changed last year after teaming up with Blue Planet. 'They're bringing some of their waste product, which, mixed with our heavy clay soil in Calgary has made things much more productive, and so we've got excess and so we're going to experiment with a social enterprise, which means we're selling some of our produce to some restaurants in Calgary, to some local community associations,' says Olson. Olson says interest in the urban farm has increased over the years but finds the burgeoning relationship between the Indigenous community and the newcomers most rewarding as they work together to rehabilitate the land. 'There's way more in common than people might think,' says Olson. 'We had no idea that was going to be one of the surprises that we found here and so I think there's a real sense of life and joy and love that seems to be emerging because we're treating the land in a good way.' Land of Dreams has been operating since 2019 and is located at 6525 – 84 Street SE.
Observer
10-05-2025
- Entertainment
- Observer
New Attenborough film showcases both destruction and hope in planet's oceans
British naturalist David Attenborough says there is hope for the future of the planet's oceans in a new film premiering later on Tuesday that sets out both the scale of damage caused by human activities and the oceans' capacity for recovery. In his latest work "Ocean", Attenborough, one of the world's best-known nature broadcasters and filmmakers whose work spans seven decades, charts the challenges faced by the seas over his lifetime, from destructive industrial fishing practices to mass coral reef bleaching. "After almost 100 years on the planet, I now understand the most important place on Earth is not on land, but at sea,' he says in a trailer of the movie. Its full release in cinemas on Thursday coincides with Attenborough's 99th birthday. Tuesday's premiere in London will see both a glitzy event with celebrities and dignitaries walking a blue - not red - carpet in the evening, and a daytime screening for students and teachers. Despite depicting the bleak current state of the health of the ocean, discoveries made during filming offer hope, Attenborough said. "The ocean can recover faster than we had ever imagined, it can bounce back to life," he said. "If we save the sea we save our world. After a lifetime of filming our planet I'm sure nothing is more important." The film's release comes ahead of the United Nations Ocean conference in Nice, France, in June where it is hoped more countries will ratify a 2023 agreement to protect ocean biodiversity. So far only 21 countries have officially signed, falling well short of the 60 countries needed for the agreement to come into force. Renowned broadcaster Sir David Attenborough is celebrated worldwide for revolutionising nature documentaries and raising awareness about environmental issues. Over his decades-long career, he has produced iconic series such as Planet Earth, Blue Planet, and Life on Earth, setting new standards in wildlife filmmaking. Attenborough's compelling narration and innovative filming techniques have captivated global audiences, fostering a deeper appreciation for biodiversity. His work has highlighted urgent ecological challenges, including habitat loss and climate change, inspiring conservation efforts across the globe. Recognised with numerous awards such as BAFTA, Emmy, and a knighthood, he continues to influence public policy and environmental campaigning. Attenborough's unwavering dedication to educating the public about our planet's wonders and vulnerabilities has cemented his legacy as a leading figure in science communication and conservation.—Reuters
