Ciena lifts full-year revenue outlook on AI-driven networking demand
Ciena reported a more-than-fivefold increase in third-quarter profit and raised full-year revenue guidance to $6.37 billion, citing networking demand tied to artificial-intelligence investments.
Ciena lifted its revenue guidance after reporting a more-than-fivefold increase in third-quarter profit, with networking demand tied to artificial-intelligence investments supporting the outlook. The networking-systems and software company said it now expects full-year revenue of $6.37 billion.