AI demand helps Ciena post higher revenue and earnings in Q2 2026
India, June 5 -- Ciena Corporation reported strong financial results for its fiscal second quarter ended 2 May 2026, driven by higher revenue and earnings growth amid rising demand for high-speed connectivity infrastructure.
The network equipment company reported revenue of USD 1.57 billion during the quarter, up from USD 1.13 billion in the same period a year earlier, reflecting significant year-on-year growth.
Net income per diluted share also improved sharply. On a Generally Accepted Accounting Principles (GAAP) basis, diluted earnings per share stood at USD 1.49 in the fiscal second quarter of 2026, compared with USD 0.06 in the corresponding quarter last year. Adjusted (non-GAAP) diluted earnings per share increased to USD 1.64 fro...
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