Sep 3, 7:07 AM ET
Ciena reported fiscal third quarter 2026 revenue of $1.67 billion, up 37% from a year earlier, with GAAP diluted EPS of $1.83 versus $0.35 and adjusted EPS of $2.11 versus $0.67. The company raised its fiscal 2026 revenue guidance to $6.42 billion plus or minus $50 million, which points to continued sales growth for shareholders.
- Q3 fiscal 2026 revenue was $1.67 billion, compared with $1.22 billion in Q3 fiscal 2025
- GAAP diluted EPS was $1.83 and adjusted EPS was $2.11, compared with $0.35 and $0.67 a year earlier
- Fiscal Q4 2026 revenue guidance is $1.75 billion plus or minus $50 million
- Fiscal 2026 revenue guidance was raised to $6.42 billion plus or minus $50 million, a 35% increase at the midpoint
Read the filing on SEC.gov ↗
Jun 11, 4:21 PM ET
Ciena Corporation closed on June 11, 2026 a private offering of $2.875 billion of 0.00% convertible senior notes due September 15, 2031, including $375.0 million issued under the initial purchasers' option. The company used about $1.14 billion of the net proceeds to repay its existing senior secured term loan and about $140.0 million to repurchase roughly 0.3 million shares of its common stock, with the remainder for general corporate purposes including supply chain capacity. The notes carry an initial conversion price of about $746.66 per share, and related hedge and warrant transactions could affect the number of shares and the dilution shareholders face.
- Gross proceeds of $2.875 billion and net proceeds of approximately $2.72 billion before offering expenses
- Notes mature September 15, 2031, carry no regular interest, and have an initial conversion price of about $746.66 per share
- About $1.14 billion of net proceeds used to repay the existing term loan; about $140.0 million used to repurchase about 0.3 million shares at $466.67 per share
- Company may not redeem the notes before September 20, 2029, except in a cleanup redemption
Read the filing on SEC.gov ↗
Jun 4, 7:05 AM ET
Ciena reported fiscal second quarter 2026 revenue of $1.57 billion, up 39.5% from a year earlier, and adjusted diluted EPS of $1.64 versus $0.42. The company raised its fiscal 2026 revenue guidance to $6.3 billion plus or minus $100 million and forecast fiscal third quarter revenue of $1.625 billion plus or minus $50 million, so the results and outlook both point higher for shareholders.
- Q2 fiscal 2026 revenue was $1.57 billion, compared with $1.13 billion in Q2 fiscal 2025.
- GAAP diluted EPS was $1.49 versus $0.06 a year earlier; adjusted diluted EPS was $1.64 versus $0.42.
- Fiscal 2026 revenue guidance raised to $6.3 billion plus or minus $100 million; fiscal Q3 revenue guidance is $1.625 billion plus or minus $50 million.
- Ciena repurchased about 0.2 million shares for $83.1 million under its $1 billion repurchase program during the quarter.
Read the filing on SEC.gov ↗
Mar 5, 7:49 AM ET
Ciena reported fiscal first quarter 2026 revenue of $1.43 billion, up 33.1% from a year earlier, with GAAP diluted EPS of $1.03 versus $0.31 and adjusted EPS of $1.35 versus $0.64. The company raised its fiscal 2026 revenue outlook to $5.9 billion to $6.3 billion and expects fiscal second quarter revenue of $1.5 billion plus or minus $50 million, which signals higher expected sales for shareholders.
- Q1 fiscal 2026 revenue was $1.43 billion, up 33.1% from $1.07 billion in Q1 fiscal 2025
- GAAP diluted EPS was $1.03 and adjusted EPS was $1.35, compared with $0.31 and $0.64 a year earlier
- Fiscal 2026 revenue outlook raised to $5.9 billion to $6.3 billion; Q2 revenue expected at $1.5 billion plus or minus $50 million
- Repurchased about 0.4 million shares for $80.5 million under the $1 billion share repurchase program
Read the filing on SEC.gov ↗
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