Ciena raises fiscal 2026 revenue guidance as Q1 revenue rises 33% to $1.43 billion
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.
Key points
- 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
The filing
Written by AI on Nov 8, 2026, 1:30 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on March 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.