CIENA (CIEN) PT Lowered to $520 at Needham, 'We would be buyers on weakness'

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Go back to CIENA (CIEN) PT Lowered to $520 at Needham, 'We would be buyers on weakness'

Ciena Reports Fiscal Third Quarter 2026 Financial Results

September 3, 2026 7:00 AM EDT

Summary

Fiscal third quarter 2026 revenue was $1.67 billion, up 37% year-over-year Fiscal third quarter 2026 adjusted Earnings Per Share (EPS) was $2.11, an increase of 215% compared to fiscal third quarter 2025 Providing revenue guidance for fiscal fourth quarter 2026 of $1.75 billion plus or minus $50 million Raising revenue guidance for fiscal year 2026 to $6.42 billion plus or minus $50 million, a 35% increase year-over-year at the midpoint

FULTON, Md.--(BUSINESS WIRE)-- Ciena® Corporation (NYSE: CIEN) today announced financial results for its fiscal third quarter ended... More