| Stage | CIEN | % of rev | CRM | % of rev | Gap · A − B |
|---|---|---|---|---|---|
| Revenue | $1.7B | 100.00% | $11.3B | 100.00% | CRM ×6.79 |
| Gross profit | $759M | 45.43% | $8.7B | 76.65% | CRM +31.2pp |
| Operating income | $301M | 18.02% | $2.3B | 20.55% | CRM +2.5pp |
| Pre-tax income | $311M | 18.59% | $4.6B | 40.12% | CRM +21.5pp |
| Net income | $266M | 15.94% | $3.5B | 31.08% | CRM +15.1pp |
| Stage | CIEN | CRM | Gap · A − B |
|---|---|---|---|
| Revenue | $1.7B100.00% | $11.3B100.00% | CRM ×6.79 |
| Gross profit | 45.43%$759M | 76.65%$8.7B | CRM +31.2pp |
| Operating income | 18.02%$301M | 20.55%$2.3B | CRM +2.5pp |
| Pre-tax income | 18.59%$311M | 40.12%$4.6B | CRM +21.5pp |
| Net income |
| 15.94%$266M |
| 31.08%$3.5B |
| CRM +15.1pp |
No shared counterparties.