Ciena reported fiscal first quarter revenue of $1.43 billion, an increase of 33% year-over-year, and adjusted EPS of $1.35. The company also raised its full-year 2026 revenue guidance, citing a strong order book and durable demand.
Key Highlights
- Adjusted EPS grew 111% year-over-year to $1.35, a significant increase from $0.64 in the prior-year period.
- Demand from cloud providers was a key driver, with direct cloud provider revenue growing 76% year-over-year and now representing 42% of total revenue.
- Ciena raised its full-year 2026 revenue guidance to a range of $5.9 billion to $6.3 billion, representing a 28% year-over-year increase at the midpoint.