The overall sentiment of the earnings call is positive, driven by strong financial results, robust demand from cloud providers and service providers, and successful product rollouts like WaveLogic 6 Extreme. However, there are challenges related to tariff uncertainties and potential variability in revenue growth due to project timing with cloud providers.

Company Guidance

In the Ciena Fiscal First Quarter 2025 Financial Results Conference Call, the company provided guidance indicating robust performance and growth expectations. Ciena reported strong fiscal first quarter results with revenue reaching $1.07 billion, an adjusted gross margin of 44.7%, and an adjusted EPS of $0.64 per share. Notably, the company witnessed a significant increase in demand from cloud providers, with direct orders from this segment comprising half of the overall orders in Q1. Service provider revenue also showed strength, increasing by 14% year-over-year and making up approximately 51% of the total revenue. For the fiscal second quarter, Ciena projected revenue between $1.05 billion to $1.13 billion, while maintaining their annual revenue growth guidance towards the high end of the 8% to 11% range. Adjusted gross margin expectations were set in the low 40% range for Q2, with full-year margins anticipated to be between 42% to 44%. The company also highlighted ongoing investments in their WaveLogic technology and a strong pipeline of opportunities in high-speed connectivity driven by cloud and AI traffic.

Strong Fiscal First Quarter Results

Ciena delivered strong fiscal first quarter results with revenue of $1.07 billion, adjusted gross margin of 44.7%, and adjusted EPS of $0.64 per share.

Robust Order Flow

The quarter saw positive demand dynamics with very strong order flow, especially from cloud providers, which accounted for half of the overall orders in Q1.

Service Provider Revenue Growth

Service provider revenue in Q1 increased 14% year-over-year, comprising approximately 51% of total revenue, signaling a recovery in this segment.

Cloud Provider Engagement

Total direct cloud revenue comprised 32% of total revenue, with five cloud providers in the top 10 customers for the quarter.

WaveLogic 6 Extreme Success

WaveLogic 6 Extreme is gaining momentum, with 20 new customers added in Q1, part of a successful rollout of high-speed connectivity solutions.

Strong Cash Position and Share Repurchase

Ciena ended the quarter with approximately $1.3 billion in cash and investments and repurchased approximately 1 million shares for $79 million during the first quarter.

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Ciena (CIEN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

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CIEN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Jun 05, 2025	2025 (Q2)	0.51 / -	0.27	―	―	―
Mar 11, 2025	2025 (Q1)	0.41 / 0.64	0.66	-3.03% (-0.02)
Dec 12, 2024	2024 (Q4)	0.65 / 0.54	0.75	-28.00% (-0.21)
Sep 04, 2024	2024 (Q3)	0.27 / 0.35	0.59	-40.68% (-0.24)
Jun 06, 2024	2024 (Q2)	0.16 / 0.27	0.74	-63.51% (-0.47)
Mar 07, 2024	2024 (Q1)	0.47 / 0.66	0.64	3.13% (+0.02)
Dec 07, 2023	2023 (Q4)	0.69 / 0.75	0.61	22.95% (+0.14)
Aug 31, 2023	2023 (Q3)	0.52 / 0.59	0.33	78.79% (+0.26)
Jun 06, 2023	2023 (Q2)	0.62 / 0.74	0.5	48.00% (+0.24)
Mar 06, 2023	2023 (Q1)	0.36 / 0.64	0.47	36.17% (+0.17)

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

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CIEN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Mar 11, 2025	$65.53	$63.95	-2.41%
Dec 12, 2024	$73.21	$84.52	+15.45%
Sep 04, 2024	$55.35	$54.93	-0.76%
Jun 06, 2024	$48.24	$48.56	+0.66%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

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