Ciena Targets $14B Revenue by 2029 as Optical Demand Outruns Supply
Ciena (NYSE:CIEN) outlined financial objectives through fiscal 2029, including a target of approximately $14 billion in revenue, gross margins of about 50%, and operating margins of 32% to 35%, as the company expects demand for optical systems and interconnect products to continue outpacing industry supply. Marc Graff, Ciena’s chief financial officer, said the company has […]
18 Sep 22:02 · The Markets Daily