Ciena Poised For Growth On Cloud Demand, But Analysts Warn About Margin Pressure, Tariff Costs
1. Ciena's revenue grew 23.6% to $1.13 billion, above estimates. 2. Adjusted EPS of 42 cents missed analyst expectations of 52 cents. 3. Gross margin declined by 250 bps to 41%; operating margin rose to 8.2%. 4. Analysts project mixed future performance; some express concern over margins. 5. Strong growth in Cloud segment (+88% Y/Y) highlighted amid mixed results.