Quarterly Results

GAAP Results (unaudited)

2Q 2018
2Q 1Q 2Q Period Change
FY 2018 FY 2018 FY 2017 Q-T-Q* Y-T-Y*
Revenue $730.0 $646.1 $707.0 13.0% 3.3%
Gross margin 40.2% 42.1% 45.0% (4.5)% (4.8)%
Operating expense $261.2 $255.0 $260.4 2.4% 0.3%
Operating margin 4.4% 2.6% 8.2% 69.2% (3.8)%

* For a full description and reconciliation of Non-GAAP (unaudited) measures see CIENA’s 2Q 2018 Earnings Release

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