Ciena targets 30% annual revenue growth through fiscal 2029
Ciena ($CIEN) set a target of approximately 30% compound annual revenue growth from fiscal 2026 through fiscal 2029. Its three-year plan also calls for an adjusted gross margin near 50%, an adjusted operating margin of 32–35%, and a free-cash-flow margin around 20%. Management linked the objectives to customer demand, expanding supply capacity and additional addressable markets. The targets are forward-looking ambitions presented at an investor forum, not results already achieved or guaranteed g
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