Ciena Corporation (NYSE:CIEN) shares jumped 22% intra-day today after the networking equipment maker reported fiscal third-quarter results that topped analyst expectations, fueled by strong demand for high-speed connectivity solutions supporting artificial intelligence infrastructure.
Adjusted earnings came in at $0.67 per share for the quarter ended August 2, 2025, beating consensus of $0.53. Revenue rose to $1.22 billion, ahead of the $1.17 billion estimate and up 29.4% from $942.3 million a year earlier.
The Optical Networking segment led growth with $815.5 million in sales, accounting for 66.9% of total revenue. For the fourth quarter, Ciena projected revenue of $1.24 billion to $1.32 billion, exceeding the $1.211 billion consensus.
Revenue from the Americas made up 75.7% of the total, underscoring strong spending on networking equipment in the region.
