Ciena Fiscal Q1 Adjusted Earnings, Revenue Rise; Full-Year Sales Outlook Updated -- Shares Down Pre-Bell

MT Newswires Live

Mar 05

Ciena (CIEN) reported fiscal Q1 adjusted net income Thursday of $1.35 per diluted share, up from $0.64 a year earlier.

Analysts polled by FactSet expected $1.17.

Revenue for the quarter ended Jan. 31 was $1.43 billion, up from $1.07 billion a year earlier.

Analysts surveyed by FactSet expected $1.4 billion.

For fiscal Q2, the company expects revenue of $1.5 billion, plus or minus $50 million. Analysts polled by FactSet expect $1.44 billion.

For fiscal 2026, Ciena said it now expects revenue of $5.9 billion to $6.3 billion, up from its prior outlook range. Analysts surveyed by FactSet expect $5.97 billion.

The company's shares were down 4% in recent premarket activity.

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