Ciena's CEO Gary Smith on Q3 2017 Results - Earnings Call Transcript

8/31/17

Thanks, Greg, and welcome everyone. We posted solid results for our fiscal third quarter this morning. Once again, we’ve outpaced the competition and delivered differentiated financial performance.

Quarterly revenue was up 9% year-over-year. Adjusted net income and EPS grew nearly 30% from the same nine-month period last year. And we delivered 14% adjusted operating margin in the quarter.

Importantly, I think this quarter’s performance demonstrates that our strong competitive position underpinned by our diversification and innovation continues to enable us to grow faster than the market and our peers, capture share and increase our industry leadership.

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