Ceragon Reports 20% Growth in the Fourth Quarter of 2023; Exceeds Full-Year 2023 Guidance
Ceragon Networks Ltd. - Ordinary Shares (CRNT)
Last ceragon networks ltd. - ordinary shares earnings: 2/10 07:00 am
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ceragon.com/about-ceragon/investor-relations
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Source: PR Newswire
Company Guides for Double Digit Growth; Targeting to Further Penetrate Private Network Markets ROSH HA'AIN, Israel, Feb. 20, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today reported its financial results for the fourth quarter and full year period ended December 31, 2023.Q4 2023 Financial Highlights:Revenues of $90.4 million, up 20% year-over-yearSiklu acquisition, which closed on December 4, 2023, contributed modestly to quarterly revenue, in-line with expectationsOperating income of $4.2 million on a GAAP basis, or $7.8 million on a non-GAAP basisNet loss of $(1.2) million on a GAAP basis, and net income of $3.7 million on a non-GAAP basisEPS of $(0.01) per diluted share on a GAAP basis, or $0.04 per diluted share on a non-GAAP basisFY 2023 Financial Highlights:Revenues of $347.2 million, up 18% year-over-year, exceeding full-year guidanceCeragon would have achieved the higher-end of its
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News
- Ceragon Networks to Announce First Quarter 2024 Financial Results and Host Investor Conference Call on May 7, 2024PR Newswire
- Ceragon Networks Ltd.: A Great Value Opportunity, Buy [Seeking Alpha]Seeking Alpha
- Ceragon Networks Ltd. (NASDAQ: CRNT) was downgraded by analysts at StockNews.com from a "strong-buy" rating to a "buy" rating.MarketBeat
- Ceragon Networks to Participate in the 36th Annual Roth Conference [Yahoo! Finance]Yahoo! Finance
- Ceragon Networks to Participate in the 36th Annual Roth ConferencePR Newswire
CRNT
Sec Filings
- 4/24/24 - Form 6-K
- 4/18/24 - Form 6-K
- 3/29/24 - Form S-8
- CRNT's page on the SEC website