Ciena Corporation (NYSE:CIEN) is making headlines as one of the top performers, hitting a new 24-year high with a 6th consecutive day of rallying. The stock reached $248 during trading, closing up 9.25% at $242.37. Net income for the full fiscal year grew by 47% to $123 million, with revenues up by 18.9% to $4.77 billion. Despite a fourth-quarter net income decline of 47% to $19.5 million, revenues jumped by 20% to $1.35 billion. The company expects revenues of $5.7 billion to $6.1 billion for fiscal year 2026, with first-quarter revenues targeted at $1.35 billion to $1.43 billion.

Read more at Yahoo Finance: Ciena (CIEN) Soars to More Than 2 Decade High. Here’s What Sparked the Rally