Ciena (CIEN) Q2 2026 (USD): Adj. EPS 1.64 (exp. 1.46), Revenue 1.57bln (exp. 1.50bln)

Guidance

FY

• Raising revenue guidance for fiscal year 2026 to USD 6.2-6.4bln, a 32% increase YoY at the midpoint.
• Adj. gross margin between 44.5% and 45%.
• Adj. operating expense in the range of USD 1.61bln plus or minus USD 20mln.
• Adj. operating margin in the range of 19% plus or minus 50bps.

Q3

• Revenue of USD 1.625bln billion plus or minus USD 50 million
• Adj. gross margin in the range of 45% plus or minus 50 bps.
• Adj. operating expense in the range of USD 410mln plus or minus USD 10mln.
• Adj. operating margin between 19% and 20%