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Stock impact report

Ceragon Records Nearly $10 Million Quarter Booking for Energy Sector

Ceragon Networks Ltd. - Ordinary Shares (CRNT) 
Last ceragon networks ltd. - ordinary shares earnings: 2/10 07:00 am Check Earnings Report
Company Research Source: PR Newswire
Ceragon continues to bring innovative wireless connectivity solutions to Private Networks for new and existing customers across the Energy VerticalROSH HA'AIN, Israel, May 2, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless solutions, today announced the finalization of several new deals serving the energy industry across multiple regions during Q1 2024. The cumulative deal value is worth nearly USD 10 million, the highest-ever quarterly booking for this sector. These strategic energy deals underscore Ceragon's pivotal role in accelerating digital transformation within the energy industry, enabled by advanced connectivity solutions.FPSO ConnectivityNotably, Ceragon will execute a network upgrade for a major player within the Oil and Gas sector, deploying its state-of-the-art PointLink technology across multiple Floating Production Storage and Offloading (FPSO) units. This modernization initiative is intended Show less Read more
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