Ciena将发布三季度财报，文章仅梳理市场预期与关注点

Ciena ( CIEN ) will report fiscal third-quarter results on Thursday, with Wall Street expecting earnings per share of $1.73, up 158.2% from a year earlier, and revenue of $1.64 billion, up 34.4%. Investors will be watching whether strong demand for optical networking equipment from cloud providers and AI infrastructure customers continues to drive growth. Ciena’s fiscal second-quarter revenue rose 40% year over year to $1.57 billion, while its order backlog climbed by more than $600 million to $7.7 billion. Cloud-provider revenue grew 70% and accounted for about 46% of total revenue. The company has been expanding its portfolio of optical and data-center networking products as AI workloads increase demand for faster connections between computing facilities. Ciena’s WaveLogic 6 Extreme platform supports speeds of up to 1.6 terabits per second per wavelength, while its Hyper-Rail platform has secured a multiyear order from a major hyperscaler. Ciena raised its full-year revenue guidance to $6.3 billion, plus or minus $100 million, in the second quarter. For the third quarter, investors will be focused on backlog conversion, supply constraints, and whether demand from hyperscalers continues to translate into higher revenue. Over the last 2 years, CIEN has beaten EPS estimates 75% of the time and has beaten revenue estimates 100% of the time. Over the last 3 months, EPS estimates have seen 16 upward revisions and 0 downward. Revenue estimates have seen 14 upward revisions and 0 downward.