Ciena® Corporation (NYSE:CIEN), the global leader in high-speed connectivity, held its Investor Forum today at its R&D facility in Ottawa, Ontario, Canada and announced its three-year financial targets. These targets are set forth below.

Ciena’s three-year financial targets for fiscal year 2029 include:

• Revenue CAGR of approximately 30% from 2026 through 2029;
• Adjusted (non-GAAP) gross margin of approximately 50%;
• Adjusted (non-GAAP) operating margin in the range of 32% to 35%; and
• Free cash flow margins of approximately 20%.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.