Overview Financials News + Filings Key Docs Charts Transactions Ownership Insiders
|
| In millions, except per share items | Jul-01-23 | Jul-02-22 | Jul-03-21 | Jun-27-20 | Jun-29-19 | Jun-30-18 | Jul-01-17 | Jul-02-16 |
| | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K | 10-K |
| Revenues: |
| Network and Service Enablement | 801.2 | 949.1 | 837.9 | 849.4 | 841.2 | 657.6 | 572.8 | |
| Optical Security and Performance Products | | | | | | 218.1 | 232.2 | |
| Other | 304.9 | 343.3 | 361.0 | 286.9 | 289.1 | | | |
| Total revenues | 1,106.1 | 1,292.4 | 1,198.9 | 1,136.3 | 1,130.3 | 875.7 | 805.0 | 906.3 |
| Revenue growth [+] | -14.4% | 7.8% | 5.5% | 0.5% | 29.1% | 8.8% | -11.2% | 3.7% |
| Network and Service Enablement | -15.6% | 13.3% | -1.4% | 1.0% | 27.9% | 14.8% | | |
| Optical Security and Performance Products | | | | | | -6.1% | | |
| Cost of goods sold | 467.3 | 518.9 | 484.5 | 471.0 | 478.9 | 387.3 | 326.0 | 356.6 |
| Gross profit | 638.8 | 773.5 | 714.4 | 665.3 | 651.4 | 488.4 | 479.0 | 549.7 |
| Gross margin | 57.8% | 59.8% | 59.6% | 58.5% | 57.6% | 55.8% | 59.5% | 60.7% |
| Selling, general and administrative | 328.7 | 365.7 | 337.5 | 315.0 | 343.5 | 323.9 | 300.1 | 351.1 |
| Research and development | 206.9 | 213.2 | 203.0 | 193.6 | 187.0 | 133.3 | 136.3 | 166.4 |
| Equity in earnings | | | | | | | | |
| Other operating expenses | 8.7 | 9.7 | 33.3 | 35.1 | 38.1 | 21.0 | 14.0 | 14.6 |
| EBITDA [+] | 130.7 | 220.6 | 176.4 | 161.6 | 122.5 | 45.9 | 86.3 | 88.2 |
| EBITDA growth | -40.8% | 25.1% | 9.2% | 31.9% | 166.9% | -46.8% | -2.2% | -3.1% |
| EBITDA margin | 11.8% | 17.1% | 14.7% | 14.2% | 10.8% | 5.2% | 10.7% | 9.7% |
| Depreciation | 27.5 | 26.0 | 2.5 | 4.9 | 1.6 | 14.7 | 29.4 | 38.1 |
| EBITA | 103.2 | 194.6 | 173.9 | 156.7 | 120.9 | 31.2 | 56.9 | 50.1 |
| EBITA margin | 9.3% | 15.1% | 14.5% | 13.8% | 10.7% | 3.6% | 7.1% | 5.5% |
| Amortization of intangibles | 8.7 | 9.7 | 33.3 | 35.1 | 38.1 | 21.0 | 28.3 | 32.5 |
| EBIT [+] | 94.5 | 184.9 | 140.6 | 121.6 | 82.8 | 10.2 | 28.6 | 17.6 |
| EBIT growth | -48.9% | 31.5% | 15.6% | 46.9% | 711.8% | -64.3% | 62.5% | -135.9% |
| EBIT margin | 8.5% | 14.3% | 11.7% | 10.7% | 7.3% | 1.2% | 3.6% | 1.9% |
| Non-recurring items [+] | 12.1 | -0.1 | -1.6 | 3.5 | 15.4 | 8.3 | 21.6 | 101.9 |
| Asset impairment | | | | | | | | 91.4 |
| Interest expense, net [+] | 16.9 | 19.9 | 11.8 | 6.3 | 26.2 | 31.3 | 32.1 | 29.8 |
| Interest expense | 27.1 | 23.3 | 14.7 | 13.4 | 34.3 | 47.3 | 43.2 | 35.7 |
| Interest income | 10.2 | 3.4 | 2.9 | 7.1 | 8.1 | 16.0 | 11.1 | 5.9 |
| Other income (expense), net [+] | -4.8 | -100.0 | 0.4 | 2.5 | -1.9 | -6.3 | 205.1 | 68.2 |
| Other | 7.6 | 5.2 | 3.3 | 9.6 | 6.2 | 9.7 | 13.1 | 2.5 |
| Pre-tax income | 60.7 | 65.1 | 130.8 | 114.3 | 39.3 | -35.7 | 180.0 | -45.9 |
| Income taxes | 35.2 | 49.6 | 63.3 | 65.3 | 31.5 | 12.9 | 21.4 | 4.5 |
| Tax rate | 58.0% | 76.2% | 48.4% | 57.1% | 80.2% | | 11.9% | |
| Earnings from continuing ops | 25.5 | 15.5 | 67.5 | 49.0 | 7.8 | -48.6 | 158.6 | -50.4 |
| Earnings from discontinued ops | | | | | 0.0 | | 0.0 | |
| Net income | 25.5 | 15.5 | 67.5 | 49.0 | 5.4 | -48.6 | 160.2 | -99.2 |
| Net margin | 2.3% | 1.2% | 5.6% | 4.3% | 0.5% | -5.5% | 19.9% | -10.9% |
| |
| Basic EPS [+] | $0.11 | $0.07 | $0.30 | $0.21 | $0.03 | ($0.21) | $0.69 | ($0.22) |
| Growth | 69.1% | -77.3% | 38.2% | 524.6% | -116.0% | -131.0% | -420.3% | -61.9% |
| Diluted EPS [+] | $0.11 | $0.07 | $0.29 | $0.21 | $0.03 | ($0.21) | $0.68 | ($0.22) |
| Growth | 72.9% | -77.2% | 36.9% | 518.6% | -115.8% | -131.6% | -414.0% | -61.9% |
| |
| Shares outstanding (basic) [+] | 224.6 | 230.9 | 228.7 | 229.4 | 228.1 | 227.1 | 229.9 | 234.0 |
| Growth | -2.7% | 1.0% | -0.3% | 0.6% | 0.4% | -1.2% | -1.8% | 0.6% |
| Shares outstanding (diluted) [+] | 226.6 | 238.2 | 236.3 | 234.8 | 231.2 | 227.1 | 234.5 | 234.0 |
| Growth | -4.9% | 0.8% | 0.6% | 1.6% | 1.8% | -3.2% | 0.2% | 0.6% |
| |
| EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges. |
|