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Ciena Corporation (NYSE:CIEN ) Q3 2024 Earnings Conference Call September 4, 2024 8:30 AM ET Company Participants Gregg Lampf - Vice President of Investor Relations Gary Smith - President and Chief Executive Officer Jim Moylan - Chief Financial Officer Scott McFeely - Executive Advisor Conference Call Participants Meta Marshall - Morgan Stanley Simon Leopold - Raymond James Samik Chatterjee - JPMorgan Amit Daryanani - Evercore Tim Long - Barclays George Notter - Jefferies Tal Liani - Bank of America David Vogt - UBS Ruben Roy - Stifel Operator Good day and welcome to Ciena Fiscal Third Quarter 2024 Financial Results Conference Call. Today all participants will be in a listen-only mode.

Although the revenue and EPS for Ciena (CIEN) give a sense of how its business performed in the quarter ended July 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.

Ciena edged higher after reporting fiscal Q3 profit and revenue that fell vs. a year earlier but topped views.

CIEN's fiscal third-quarter performance is likely to have been affected by slower-than-expected normalization of order volumes from the service providers.

Besides Wall Street's top -and-bottom-line estimates for Ciena (CIEN), review projections for some of its key metrics to gain a deeper understanding of how the company might have fared during the quarter ended July 2024.

Ciena's (CIEN) coherent routing solutions are utilized by Bhutan Telecom to streamline network infrastructure and boost the customer experience.

Sodvin AS taps Ciena's (CIEN) XGS-PON solution to deliver broadband services with a superfast speed of 10 Gb/s PON across the Trondelag region of Norway.

The combined Nokia and Infinera will have a market share of around 20% globally, broadly equal to Ciena but lagging Huawei's 31% share.

TDC NET taps Ciena's (CIEN) wide-ranging innovative solutions to bolster its metro and long-haul networks, enabling sustainable service delivery.

Network infrastructure solutions provider Ciena Co. NYSE: CIEN plays a critical role in the artificial intelligence (AI) revolution. AI platforms require computing power, data storage speed and capacity, and optimal networking with low latency and high bandwidth to transmit oceans of data quickly.