NYSE:CIENCommunications
Ciena’s Record AI Revenue Sparks Questions Over Rich Valuation And Durability
Ciena (NYSE:CIEN) reported record quarterly revenue, supported by strong AI related connectivity demand from hyperscalers and service providers.
The company raised its fiscal 2026 revenue growth guidance alongside the results.
Ciena introduced new hardware, including its RLS HyperRail solution and the Vesta 206.4T optical engine, aimed at high capacity, AI centric data center networks.
Ciena enters this news cycle with its shares at $299.3 and very large gains over the past year, alongside...