Ciena’s (CIEN) Backlog Just Hit $8.5B and Keeps Climbing

On September 3, Ciena Corporation (NYSE:CIEN) reported third-quarter fiscal 2026 results that turned heads across the networking industry. Revenue climbed 37% year over year to $1.67 billion, adjusted earnings per share more than tripled to $2.11, and the company’s order backlog swelled to $8.5 billion. Behind those numbers sits a company management says is still […]