Ciena (CIEN) Q1 2026 Earnings Call Transcript

Motley Fool Transcribing, The Motley Fool

Thu, March 5, 2026 astatine 9:15 AM CST 47 min read

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Mar. 5, 2026, 8:30 a.m. ET

• President & Chief Executive Officer — Gary Smith

• Chief Financial Officer — Mark Graff

• Executive Adviser — Scott McFeely

• Vice President, Investor Relations — Gregg Lampf

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Operator: Good day, and invited to Ciena Corporation's fiscal archetypal 4th 2026 fiscal results league call. All participants volition beryllium successful listen-only mode. To retreat your question, delight enactment this lawsuit is being recorded. I would present similar to crook the league implicit to Gregg Lampf, Vice President of Investor Relations. Please spell ahead.

Gregg Lampf: Thank you, Dave. Good morning, and invited to Ciena Corporation's 2026 fiscal archetypal 4th league call. On the telephone contiguous is Gary Smith, President and CEO, and Mark Graff, CFO. Scott McFeely, Executive Adviser, is besides with america for Q&A. In summation to this telephone and the property release, we person posted to the Investors conception of our website an accompanying capitalist presumption that reflects this treatment arsenic good arsenic definite highlighted items from the quarter. Our comments contiguous talk to our caller performance, our presumption connected existent marketplace dynamics and drivers of our business, arsenic good arsenic a treatment of our fiscal outlook. Today's treatment includes definite adjusted oregon non-GAAP measures of Ciena Corporation's results of operations.

A reconciliation of these non-GAAP measures to our GAAP results is included successful today's property release. Before turning the telephone implicit to Gary, I punctual you that during this call, we volition beryllium making definite forward-looking statements. Such statements, including our quarterly and yearly guidance, commentary connected marketplace dynamics, and the treatment of our opportunities and strategy, are based connected existent expectations, forecasts, and assumptions regarding the institution and its markets, which see risks and uncertainties that could origin existent results to disagree materially from the statements discussed today.

Assumptions relating to our outlook, whether mentioned connected this telephone oregon included successful the capitalist presumption that we posted earlier today, are an important portion of specified forward-looking statements and we promote you to see them. Forward-looking statements should besides beryllium viewed successful the discourse of the hazard factors elaborate successful our astir caller 10-Ks and our forthcoming 10-Q. Ciena Corporation assumes nary work to update the accusation discussed successful this league call, whether arsenic a effect of caller information, aboriginal events, oregon otherwise. As always, to let for arsenic overmuch Q&A arsenic imaginable today, we inquire that you bounds yourselves to 1 question and 1 follow-up. With that, I volition crook the telephone implicit to Gary.