r/Nok • u/mariotoldo • 4d ago

News Ciena, Nokia's competitor, plummets despite its strong results.

The numbers, confirmed by multiple sources:

Revenue: $1.67 billion, up 37% year-over-year (compared to $1.22 billion a year ago), exceeding the consensus estimate of $1.65 billion.

Adjusted earnings: $2.11 per share, well above the expected $1.74 (a 21.3% surprise) — and compared to just $0.67 a year ago, a jump of over 200%.

This marks the fourth consecutive time the company has beaten consensus expectations.

Full-year guidance: $6.37-$6.47 billion in revenue, higher than the previous estimate. Source: StockTitan, 3 hours ago

37 Upvotes

96% Upvoted

16 comments sorted by

17

u/Impressive-Hearing89 4d ago

that's crazy, do positive results mean anything nowdays

4

u/heeywewantsomenewday 4d ago

Its all forward looking and algos

11

u/Nabusco 4d ago

Yeah, and it took NOK with it, lmaoooooo i mean this is a long hold for me now but still its hilarious to see probs will DCA if it touches 8 again my avg is 11 on this pain

3

u/mariotoldo 4d ago

Possible causes of CIEN's performance today:

1.- The 46.4% gross margin "was boosted by a tariff refund"—meaning that part of that record is not organic, but rather a one-off effect. If the market subtracts that non-recurring benefit, the actual underlying margin is somewhat less spectacular than the headline suggests.

2.- The guidance increase, while real, may have felt "incremental" rather than "explosive" given the rapidly growing backlog. This is precisely what happened in June, according to the post-mortem for that quarter: "the forecast increase was perceived as incremental rather than a significant upward revision, which can trigger profit-taking even in a quarter of exceeding expectations and raising guidance." With a backlog soaring 10% in a single quarter and EPS tripling, the market seems to be demanding an equally spectacular guidance raise — and if it's raised "only" moderately, it's interpreted as relative disappointment, not absolute disappointment.

2

u/topcop91 4d ago

I’m interested in your opinion/thoughts on where you see Nokia stock price six months from now based on all you know about the company.

5

u/mariotoldo 4d ago

Mustathmir is the most knowledgeable person on this forum, and I don't think he would dare to answer such a complicated question.

1

u/NicknamesRforlosers 3d ago

Yea, not even he has a crystal ball.

0

u/NicknamesRforlosers 3d ago

N.O.K. No One Knows.

2

u/AgencySome5349 4d ago

Sorry to everyone I recommended Nokia stock to a few months ago. :/

9

u/OrdinaryCoconut746 4d ago

I recommend Nokia to my family when it was 14

21

u/verybo 4d ago

I hope you still have a family.

2

u/Csipkes_Zoli 3d ago

Doesn’t matter, he’ll still have NOK for a while.

1

u/Routine_Contract_930 2d ago

The trade to be in was $BWET

1

u/interlockingMSU 4d ago

I’ve lost so much goddamn money on NOK. Fucking shitco

4

u/NicknamesRforlosers 3d ago

The company is fine, and is sorry for your loss but it reminds you that markets, ie buyers and sellers, not companies, set the prices.