Ciena says continues to work to mitigate input cost pressures

Says delivered double initial revenue growth expectations for the year. Says AI continues to drive network expansion across all customer segments. Says increasing bandwidth consumption as a driver of network expansion. Says AI inference models are moving closer to the network’s edge. Says long-term growth in core business plus new higher growth addressable markets provide an opportunity to outpace traditional revenue CAGR over time. Says outlook has improved since September. Says continues to work to mitigate input cost pressures. Says expects impact of these mitigation impacts to occur in late FY26. Says expects margins to improve first half to second half in FY26. Says in FY26 expects to repurchase $330M in shares. Comments and guidance taken from Q4 earnings conference call.