8-K filing — CORNING INC /NY (GLW)
Filed: 2026-09-04 AccNo: 0001206774-26-000517 Size: 231 KB Item 7.01: Regulation FD Disclosure
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Filed: 2026-09-04 AccNo: 0001206774-26-000517 Size: 231 KB Item 7.01: Regulation FD Disclosure
Ciena Corporation reported Q3 revenue growth of 37% and adjusted EPS surge of 215%, driven by strong AI network spending. The company's backlog exceeded $10 billion with most demand for 2027, and it projects at least 30% revenue growth in fiscal 2027. Competitors Corning and Viavi Solutions are also benefiting from AI infrastructure and data center investments.
Four U.S. companies filed investment reports totaling $2 billion for projects in South Korea's semiconductor and clean energy sectors.
Ciena Corporation reported strong Q3 fiscal 2026 results with adjusted earnings of $2.11 per share (215% YoY growth) and revenues of $1.67 billion (37% YoY growth), driven by AI-led cloud demand. Cloud provider revenues jumped 82% YoY and represented 53% of total sales. The company raised full-year 2026 guidance to $6.42 billion and projects at least 30% revenue growth for fiscal 2027.