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Ciena targets about 30% revenue CAGR through fiscal 2029

PUBT·09/16/2026 17:53:40
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Ciena targets about 30% revenue CAGR through fiscal 2029
  • Ciena set three-year targets for fiscal 2029, projecting about 30% revenue CAGR from 2026 through 2029.
  • Adjusted non-GAAP gross margin forecast near 50%.
  • Adjusted non-GAAP operating margin outlook of 32% to 35%.
  • Free cash flow margin expectation of about 20%.
  • Segment reporting to shift from fiscal 2027, moving to Optical Systems, Interconnects, Global Services, Routing and Other.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Ciena Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 202609161353BIZWIRE_USPR_____20260916_BW287649) on September 16, 2026, and is solely responsible for the information contained therein.