Ciena's gross profit for the
three
months ended in Jan. 2024 was $467 Mil. Ciena's gross profit for the trailing twelve months (TTM) ended in Jan. 2024 was $1,890 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Ciena's gross profit for the
three
months ended in Jan. 2024 was $467 Mil. Ciena's Revenue for the
three
months ended in Jan. 2024 was $1,038 Mil. Therefore, Ciena's Gross Margin % for the quarter that ended in Jan. 2024 was 45.00%.
Ciena had a gross margin of 45.00% for the quarter that ended in Jan. 2024 => Durable competitive advantage
During the past 13 years, the highestGross Margin % of Ciena was 47.56%. The lowest was 41.44%. And the median was 43.58%.
Ciena Gross Profit Historical Data
The historical data trend for Ciena's Gross Profit can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
For the Communication Equipment subindustry, Ciena's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Ciena's Gross Profit Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Ciena's Gross Profit distribution charts can be found below:
* The bar in red indicates where Ciena's Gross Profit falls into.
Ciena Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Ciena's Gross Profit for the fiscal year that ended in Oct. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $1,890 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
Ciena's Gross Margin % for the quarter that ended in Jan. 2024 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Ciena (NYSE:CIEN) Gross Profit Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Ciena had a gross margin of 45.00% for the quarter that ended in Jan. 2024 => Durable competitive advantage
Ciena Gross Profit Related Terms
Thank you for viewing the detailed overview of Ciena's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Ciena Corp is a network 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. It serves various industries such as communication services providers, web-scale providers, cable operators, government, and large enterprises world-wide. The business activities function through Networking Platforms; Platform Software and Services; Blue Planet Automation Software, and Global Services segments. Geographically, its presence is seen in the markets of the United States, Canada, the Caribbean, Latin America, Europe, the Middle East, Africa, the Asia Pacific, Japan, and India. The maximum revenue is generated from Americas.
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