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AI Research

Ciena Q1 Revenue +33% to $1.43B → 2026 Full-Year Guidance Raised to $5.9-6.3B

Ciena reported Q1 fiscal 2026 revenue of $1.43 billion, up 33% year-over-year, driven by strong demand for optical networking equipment from hyperscale cloud providers. The company raised its full-year 2026 revenue guidance to $5.9-6.3 billion and analysts maintain a Strong Buy consensus reflecting confidence in the AI-driven networking buildout. Risks include potential moderation in hyperscaler capex spending and ongoing pricing pressure in the optical transport equipment market.