Ciena Corp (CIEN) Files 10-K for the Fiscal Year Ended on October 31, 2018

Ciena Corp (CIEN, Financial) files its latest 10-K with SEC for the fiscal year ended on October 31, 2018. Ciena Corp is a network strategy and technology company. It provides network hardware, software and services that support the transport, switching, aggregation, service delivery and management of video, data, and voice traffic on communications networks. Ciena Corp has a market cap of $4.99 billion; its shares were traded at around $32.34 with and P/S ratio of 1.58. Ciena Corp had annual average EBITDA growth of 18.40% over the past five years.

For the last quarter Ciena Corp reported a revenue of $899.4 million, compared with the revenue of $744.4 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $3.1 billion, an increase of 10.4% from last year. For the last five years Ciena Corp had an average revenue growth rate of 7.9% a year.

The reported loss per diluted share was $2.49 for the year, compared with the earnings per share of $0.51 in the previous year. The Ciena Corp had an operating margin of 8.18%, compared with the operating margin of 8.52% a year before. The 10-year historical median operating margin of Ciena Corp is 1.14%. The profitability rank of the company is 5 (out of 10).

At the end of the fiscal year, Ciena Corp has the cash and cash equivalents of $745.4 million, compared with $640.5 million in the previous year. The long term debt was $686.5 million, compared with $657.1 million in the previous year. The interest coverage to the debt is 4.6. Ciena Corp has a financial strength rank of 6 (out of 10).

At the current stock price of $32.34, Ciena Corp is traded at 34.2% premium to its historical median P/S valuation band of $24.09. The P/S ratio of the stock is 1.58, while the historical median P/S ratio is 1.19. The stock gained 53.93% during the past 12 months.

CEO Recent Trades:

  • PRESIDENT, CEO Gary B Smith sold 9,600 shares of CIEN stock on 11/30/2018 at the average price of $32.47. The price of the stock has decreased by 0.4% since.

CFO Recent Trades:

  • SVP Finance, CFO James E Jr Moylan sold 2,000 shares of CIEN stock on 12/14/2018 at the average price of $34.68. The price of the stock has decreased by 6.75% since.
  • SVP Finance, CFO James E Jr Moylan sold 2,000 shares of CIEN stock on 11/28/2018 at the average price of $31.74. The price of the stock has increased by 1.89% since.

Directors and Officers Recent Trades:

  • SR. VP, Chief Strategy Officer James Frodsham sold 2,000 shares of CIEN stock on 12/17/2018 at the average price of $34.28. The price of the stock has decreased by 5.66% since.
  • SVP, Networking Platforms Scott Mcfeely sold 1,000 shares of CIEN stock on 12/17/2018 at the average price of $34.29. The price of the stock has decreased by 5.69% since.
  • SVP, Chief Technology Officer Stephen B Alexander sold 2,500 shares of CIEN stock on 12/17/2018 at the average price of $34.3. The price of the stock has decreased by 5.71% since.
  • Sr. VP, General Counsel David M Rothenstein sold 2,000 shares of CIEN stock on 12/14/2018 at the average price of $34.67. The price of the stock has decreased by 6.72% since.

For the complete 20-year historical financial data of CIEN, click here.