Ciena® Corporation (NYSE: CIEN) today announced financial results for its fiscal second quarter ended May 2, 2026.
The company reported $1.57 billion in the fiscal second quarter 2026, compared to $1.13 billion in the fiscal second quarter 2025.
It also reported $1.49 GAAP and $1.64 adjusted (non-GAAP) for the fiscal second quarter 2026, compared to $0.06 and $0.42 for fiscal second quarter 2025, respectively
"Today's results reflect the strength of our portfolio, the power of our business model, and disciplined execution in a dynamic supply environment," said CEO Gary Smith.
"Our long-term strategy to be the global leader in high-speed connectivity - both across the WAN and in and around the data center - is tightly aligned to the structural, multi-year opportunities created by AI-driven demand, positioning us to capitalize on market dynamics and drive sustained, profitable growth."
Ciena expects the end of fiscal figures to include Revenue of $6.3 billion plus or minus $100 million
Adjusted (non-GAAP) gross margin between 44.5% and 45%
Adjusted (non-GAAP) operating expense in the range of $1.61 billion plus or minus $20 million
Adjusted (non-GAAP) operating margin in the range of 19% plus or minus 50bps.
CIEN shares decreased in price $100.06, or 16.1%, to begin Thursday trading at $520.31.
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