From Barchart: 2025-03-11 12:54:00

Ciena (NYSE:CIEN) exceeded first-quarter 2025 expectations with earnings per share of $0.64, beating estimates of $0.42. Revenue reached $1.07 billion, up 3% year-over-year and above the forecasted $1.05 billion. Networking Platforms segment revenue hit $821.2 million, with Converged Packet Optical revenue at $728 million, surpassing expectations.

Despite a slight decline in adjusted gross margin, Ciena remains confident in capitalizing on global network infrastructure investments. CEO Gary Smith sees strong momentum and growth potential in fiscal 2025 and beyond, driven by demand for high-speed connectivity to support cloud and AI advancements.



Read more at Barchart:: Ciena Posts Strong Q1 Earnings Beat and Growth Out…