From AT&T to Ciena: Tracking optical earnings in Q1 2025
The first quarter of the 2025 earnings reporting season has begun, and Lightwave+BTR is tracking how key players in the optical networking industry segment, which includes optical vendors and business service providers, performed.
Please check here for updates on service providers, vendors and integrators in this segment.
You can also check out how Lightwave+BTR tracks the first quarter of 2025 results of the major players in the broadband industry.
Also, check out our Q4 2023, Q1 2024, Q2 2024, Q3 2024 and Q4 2024 optical earnings coverage.
Ekinops
www.ekinops.com
Ekinops reported $32.5 million in revenues for the quarter, up 1% year-over-year from last year.
- see our coverage
April 22
Verizon
www.verizon.com
Verizon reported first quarter consolidated operating revenue of $33.0 billion, up 0.2 percent from first-quarter 2023 with strong results in wireless and broadband.
- see our coverage
April 23
AT&T
www.att.com
AT&T's total revenues were $30.6 billion in the first quarter. The company added 261,000 fiber subscribers and 137,000 total broadband net additions.
- see our coverage
April 29
Corning
www.corning.com
Corning reported that in the first quarter, Optical Communications' sales were $1.36 billion, up 106%, driven by the continued strong adoption of its new Gen AI products in the enterprise portion of the business.
- see our coverage
Frontier
www.frontier.com
Frontier added 321,000 fiber passings to reach 8.1 million locations passed with fiber during the first quarter.
- see our coverage
Ribbon Communications
www.ribboncommunications.com
Ribbon reported first-quarter revenue of $181 million, up $180 million year-over-year, as it reported substantial gains in its Cloud & Edge segment.
- see our coverage
Lumen
www.lumen.com
Lumen reported first-quarter revenue of $3.18 billion, down from $3.29 billion in the first quarter of 2024.
- see our coverage
May 6
Lumentum
www.lumentum.com
Lumentum continued to ride the wave of the convergence of optics and electronics, which accelerates AI data center scaling, as it reported fiscal third quarter 2025 net revenues of $425.2 million.
May 7
Adtran
www.adtran.com
Adtran reported first-quarter revenue of $247.7 million, up 10% year over year and above the midpoint of the outlook.
- see our coverage
May 8
Cogent Communications
www.cogentco.com
Cogent Communications reported first-quarter service revenue of $247 million, down 2.1% sequentially.
May 14
Cisco
www.cisco.com
Cisco reported third quarter fiscal year 2025 revenues of $14.1 billion, up 11% year over year.
May 21
Dycom
www.dycomind.com
Dycom’s first quarter fiscal year 2026 revenues were $1.26 billion, up 10.2% year-over-year.
- see our coverage
June 5
Ciena
www.ciena.com
Driven by optical and routing sales, Ciena reported second-quarter revenues of $1.13 billion. This included two customers with 10% or more market share, one cloud provider, and one service provider.
- see our coverage
About the Author
Sean Buckley
Sean is responsible for establishing and executing the editorial strategy of Lightwave across its website, email newsletters, events, and other information products.
Hayden Beeson
Hayden Beeson is a writer and editor with over seven years of experience in a variety of industries. Prior to joining Lightwave and Broadband Technology Report, he was the associate editor of Architectural SSL and LEDs Magazine.