Ciena posts 37% Q3 revenue growth and $8.5B backlog on AI demand
Ciena reported record Q3 results: 37% revenue growth, record margins, and a surging $8.5B backlog driven by AI and data center demand. Guidance points to continued double-digit growth, with supply constraints as the main limiter.
Record Q3 results featured 37% revenue growth, record margins, and a surging $8.5B backlog, driven by AI and data center demand.
Guidance calls for continued double-digit growth, with supply constraints as the main limiter.
Hyper-Rail and WaveLogic platforms are key growth drivers.Based on Ciena Co…