Ciena targets about 30% revenue CAGR through fiscal 2029 - CIEN News | RalliesCiena targets about 30% revenue CAGR through fiscal 2029
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CIEN• Fiscal 2029 targets and margin outlook
- Ciena set three-year targets for fiscal 2029, projecting about 30% revenue CAGR from 2026 through 2029.
- Adjusted non-GAAP gross margin forecast near 50%.
- Adjusted non-GAAP operating margin outlook of 32% to 35%.
- Free cash flow margin expectation of about 20%.
- Segment reporting to shift from fiscal 2027, moving to Optical Systems, Interconnects, Global Services, Routing and Other.
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