Ciena pre-announces Q1 revenue $840-850M, below guidance; maintains FY2022 growth target of 11-13%

CIENA CORP

2022-Q1 EPS reported $0.29 revenue$844,443,000

Revenue expected $840-850M vs prior guidance of $870-910M due to late-quarter supply chain disruptions.
Adjusted gross margin ~45-46%, at high end of prior 43-46% guidance.
GAAP operating expense ~$324M; adjusted ~$290M, in line with guidance.
Company reiterates FY2022 revenue growth guidance of 11-13% year-over-year.
CEO cites 'unprecedented demand' but supply chain constraints reduced ability to fully mitigate.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.