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Ciena Pops on Q3 Results

Ciena Corporation (NYSE: CIEN) today announced financial results for its fiscal fourth quarter and year ended November 1, 2025.

Revenue totaled $1.35 billion in the fiscal fourth quarter 2025, compared to $1.12 billion in the fiscal fourth quarter 2024

On a yearly basis, revenue amounted to $4.77 billion, compared to $4.01 billion in the fiscal year 2024

Net Income per diluted share amounted to $0.13 GAAP and $0.91 adjusted (non-GAAP) for the fiscal fourth quarter 2025, compared to $0.25 and $0.54 for fiscal fourth quarter 2024, respectively

Fiscal year totaled $0.85 GAAP and $2.64 adjusted (non-GAAP) for fiscal year 2025, compared to $0.58 and $1.82 for fiscal year 2024, respectively

Said CEO Gary Smith, "Our record fiscal fourth quarter and full-year performance reinforces our position as the global leader in high-speed connectivity with an expanding role in the AI ecosystem.”

Ciena expects fiscal year 2026 to include: Revenue in the range of $5.7 billion to $6.1 billion; Adjusted (non-GAAP) gross margin of 43% plus or minus 1%; Adjusted (non-GAAP) operating expense of approximately $1.52 billion; Adjusted (non-GAAP) operating margin of 17% plus or minus 1%

"Looking ahead, we are confident in our growth trajectory over the coming years, driven by durable demand from our cloud and service provider customers and a growing set of opportunities inside and around the data center."

CIEN shares opened Thursday up $14.94, or 6.7%, to $236.61.