CIEN posts record Q3 revenue growth, 22.5% operating margin
CIEN reported Q3 revenue growth of 37%, operating margin of 22.5% and EPS of $2.11, driven by AI-related demand across optical and data center segments. Backlog exceeds $8.5 billion; supply constraints are the main limiter.
Record Q3 results showed 37% revenue growth, a 22.5% operating margin and $2.11 EPS, with demand tied to AI and strong adoption across optical and data center segments. Backlog topped $8.5 billion, while supply constraints remained the main limiter. The 2027 outlook calls for at least 30% revenue g…