Financials

Quarterly Results

GAAP Results (unaudited)

3Q 2018
3Q 2Q 3Q Period Change
FY 2018 FY 2018 FY 2017 Q-T-Q* Y-T-Y*
Revenue $818.8 $730.0 $728.7 12.2% 12.4%
Gross margin 42.9% 40.2% 45.0% 2.7% (2.1)%
Operating expense $266.3 $261.2 $246.1 2.0% 8.2%
Operating margin 10.4% 4.4% 11.3% 6.0% (0.9)%

* For a full description and reconciliation of Non-GAAP (unaudited) measures see CIENA’s 3Q 2018 Earnings Release

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