Ciena Corporation (NYSE:CIEN) Q1 2024 Earnings Call Transcript

James E. Moylan, Jr.: Yes, I think they’re going to be a bit lower in Q2, and that’s a mix and volume because as we said, we’re not going to have the volume that we expected in Q2. But I think we’ll average in the mid-40s for the full year. We started the year at 45.7%. It was a good strong start, and we’ll get back to something like that.

Ruben Roy: Understood. Thank you.

Gregg Lampf: Great. Thank you, Ruben, and thank you, everybody, for joining us today. We appreciate your attention, and we look forward to seeing everyone at OFC. Thank you, and have a good day.

Operator: The conference has now concluded. Thank you for attending today’s presentation. You may now disconnect.