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Ciena reports Q1 adjusted EPS 64c, consensus 41c

Reports Q1 revenue $1.07B, consensus $1.05B. “We delivered strong fiscal first quarter results that reflect balanced growth and strong momentum across our customer segments and reinforce the continuation of positive demand dynamics,” said Gary Smith, president and CEO, Ciena (CIEN). “As the global leader in high-speed connectivity, we are incredibly well positioned to benefit from the global investment in networks to scale for cloud and AI. As a result, we are very confident in our ability to deliver in fiscal year 2025 and beyond.”

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