Ciena Provides 3-Year Financial Targets, Sees Revenue CAGR Of ~30% From 2026 Through 2029; Adjusted (Non-GAAP) Gross Margin Of ~50%; Adjusted (Non-GAAP) Operating Margin In The Range Of 32% To 35%; And Free Cash Flow Margins Of ~20%.
Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, held its Investor Forum today at its R&D facility in Ottawa, Ontario, Canada and announced its three-year financial targets. These
Ciena shared its plan to grow revenue very fast over the next three years. When a company promises strong growth and profit margins, watch if they can actually deliver those numbers.
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Source: Benzinga · Read the original report at the publisher. Headline and figures shown for context; data may be delayed.
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