09:57 AM EDT, 09/04/2025 (MT Newswires) -- (Updates with the latest stock movement in the headline and first paragraph.)

Ciena (CIEN) shares were up more than 25% in recent Thursday trading after the company posted higher fiscal Q3 adjusted earnings and revenue.

The company reported fiscal Q3 adjusted net income of $0.67 per diluted share, up from $0.35 a year earlier.

Analysts polled by FactSet expected $0.53.

Revenue for the quarter ended Aug. 2 was $1.22 billion, up from $942.3 million a year earlier.

Analysts surveyed by FactSet expected $1.17 billion.

For fiscal Q4, the company expects revenue of $1.24 billion to $1.32 billion. Analysts polled by FactSet expect $1.21 billion.

Price: 120.35, Change: +25.45, Percent Change: +26.82