Ciena Corp (NYSE:CIEN)
$ 49.32 0.59 (1.21%) Market Cap: 7.13 Bil Enterprise Value: 7.28 Bil PE Ratio: 32.03 PB Ratio: 2.45 GF Score: 83/100

Ciena Corp at Evercore TMT Conference Transcript

Sep 08, 2022 / 02:15PM GMT
Release Date Price: $43.87 (+0.76%)
Amit Jawaharlaz Daryanani
Evercore ISI Institutional Equities, Research Division - Senior MD & Fundamental Research Analyst

Delighted to have Ciena here for our next fireside chat, and we have Ciena CFO, Jim Moylan over here. Thanks a lot for your time, Jim. I always appreciate it. I guess before we just kick this whole thing off up, I'd love for you to maybe just recap -- you just reported last week. So maybe just recap sort of what your folks reported and maybe just touches on the supply chain dynamics that we discussed on the call. I'd love to get your perspective there and then we can dig into some of the questions from there.

James E. Moylan
Ciena Corporation - Senior VP of Finance & CFO

Sure. Well, I got to say, we were disappointed in our results for the quarter. We reported $168 million or something of revenue against the guide on around $900 million. We were very disappointed by the performance of a couple of our suppliers in the quarter who really gave us very unreliable supplies of a very small number of parts. It cost us about $60 million

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