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Ciena reports Q1 adjusted EPS 64c, consensus 36c

Reports Q1 revenue $1.06B, consensus $959.4M. "We delivered record revenue in the first quarter, reflecting continued gradual improvement in the supply chain environment and strong customer demand for our market-leading technology," said Gary Smith, president and CEO of Ciena. "With strong momentum across our business, supported by robust fundamental drivers and visibility provided by our backlog, we remain confident in our ability to continue to take market share."

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