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Stock impact report

Ceragon Networks: Here We Go Again [Seeking Alpha]

Ceragon Networks Ltd. - Ordinary Shares (CRNT) 
Last ceragon networks ltd. - ordinary shares earnings: 2/10 07:00 am Check Earnings Report
Company Research Source: Seeking Alpha
Ceragon Networks: Here We Go Again Summary Ceragon Networks is a 5G play that has been stuck in a trading range for a long time now. The promise of 5G orders has not fermented yet, and the stock continues to go nowhere. At current prices, however, the stock trades at a compelling valuation, irrespective of 5G. On my previous article CRNT In fact, I also said that even if the company misses on revenue and EPS, shares should not correct by much because the stock was a bargain, to begin with. Something I was hoping to hear in the previous conference call was forward guidance pertaining to 5G orders. Unfortunately, once again management did not give the market any guidance for increased revenue. Once again, CEO Ira Palti said: To summarize, we continue to expect 2019 revenue to be similar to 2018 Flat revenue for a second year in a row was not what the market wanted to hear. So once again the market has no reason to discount in today's share price, increased demand and revenue, and mo Show less Read more
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