ROSH HA'AIN, Israel, Nov. 12, 2024 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), the leading solutions provider of end-to-end wireless connectivity, today announced that it will participate in the following upcoming investor conferences: 18th Annual Needham Security, Networking, and Communications Conference Tuesday, November 14, 2024VirtualConducting 1x1 meetings throughout the day 13th Annual ROTH Technology Conference Wednesday, November 20, 2024Hard Rock Hotel in New York CityConducting 1x1 meetings throughou ...

ROSH HA'AIN, Israel, Oct. 22, 2024 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the third quarter ended September 30, 2024 on Wednesday, November 13, 2024, before the market opens.The Company will host a Zoom conference call on the same day at 8:30 a.m. ET to discuss the results, followed by a question-and-answer session for the investment community. Investors are invited to ...

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ROSH HA'AIN, Israel, Aug. 28, 2024 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), the leading solutions provider of end-to-end wireless connectivity, today announced that management will participate at the Lake Street Capital Markets 8th Annual Best Ideas Growth "Big8" Conference in New York City. Doron Arazi, CEO, will host one-on-one meetings with institutional investors, discussing the company's growth strategy and its effort to unlock operating leverage in its business model. Investors interested in scheduling ...

Exhibit 99.1 Page CERAGON NETWORKS LTD. AND SUBSIDIARIES INTERIM CONDENSED CONSOLIDATED FINANCIAL STATEMENTS AS OF JUNE 30, 2024 U.S. DOLLARS IN THOUSANDS UNAUDITED INDEX | --- | |-----------------------------------------------------------------------| | | | Interim Condensed Consolidated Balance Sheets | | Interim Condensed Consolidated Statements of Operations | | Interim Condensed Consolidated Statements of Comprehensive Income | | Interim Condensed Consolidated Statements of Changes in Shareholders' | | ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

Financial Data and Key Metrics - Revenue for Q2 2024 was $96.1 million, up 11.5% from $86.2 million in Q2 2023 [15] - Non-GAAP gross profit was $33.8 million, an increase of 11.1% compared to $30.4 million in Q2 2023 [16] - Non-GAAP gross margin was 35.2%, slightly down from 35.3% in Q2 2023 [16] - Non-GAAP operating income was $13.1 million, compared to $7.4 million in Q2 2023, representing 13.7% of revenue [19] - Non-GAAP net income was $9.9 million or $0.11 per diluted share, compared to $4.4 million or $0.05 per diluted share in Q2 2023 [19] - Cash position at the end of Q2 2024 was $26.3 million, down from $28.2 million at the end of 2023 [20] Business Line Data and Key Metrics - Private network bookings in the first half of 2024 were up more than 35% compared to the previous year [6] - New private network customers accounted for over 50% of overall new customers in terms of both accounts and dollars [6] - Smart Activation Key software adoption has been significant, with tens of thousands of licenses secured in the first half of 2024 [9] - The IP-50EX, an ultra-compact e-band radio, continues to gain customer interest [9] Market Data and Key Metrics - North America revenue was $23 million, with strong private network bookings and nine new customers added [10] - India revenue was $36 million, driven by 4G expansion in rural areas and 5G upgrades [12] - EMEA revenue was $19 million, with one customer contributing over 10% of total revenue [15] - Latin America and APAC regions also saw significant growth in private network business [13] Company Strategy and Industry Competition - The company is diversifying its business by increasing market share in private networks and moving up the value chain from equipment provider to network operation optimization [5] - The integration of the Siklu acquisition is progressing as planned, enhancing competitive positioning with ISP and private network customers [6] - The company is focusing on reducing dependency on 5G-related spending by increasing market share in private networks and capitalizing on 4G upgrades [8] - The company is competing against Chinese vendors in regions like Latin America and APAC, with encouraging results [13] Management Commentary on Operating Environment and Future Outlook - Management expressed confidence in the company's strategy, citing strong demand across global markets and progress in private network initiatives [8] - The backlog in North America and India provides confidence in continued growth momentum into the second half of 2024 [8] - The company expects full-year 2024 revenue of $385 million to $405 million, representing growth of 11% to 17% compared to 2023 [21] - Non-GAAP operating margins are targeted to be at least 10% at the midpoint of the revenue guidance [21] Other Important Information - The company collected $8 million out of a $12 million debt settlement agreement, with the second installment of $4 million expected to be reflected in Q3 results [18] - Inventory levels decreased to $59.5 million at the end of Q2 2024, down from $68.8 million at the end of 2023 [20] - DSO (Days Sales Outstanding) stood at 114 days, with trade receivables at $112.9 million [21] Q&A Session Summary Question: Competitive Landscape and MaxLinear Chip - The company has not seen any significant implementation of new chips from competitors like MaxLinear in the field [22][23] Question: Exposure to Eastern Europe and Japan - The company has minimal exposure to Eastern Europe and Japan, with business in these regions being insignificant [24][25] Question: Pipeline and Deal Closure Rates - The company is seeing benefits from its focus on private networks, which is helping to offset slowdowns in Tier 1 operators in certain regions [26][27] Question: Private Network Growth and Resource Allocation - The company plans to adjust investments in sales and marketing to leverage momentum in private networks while maintaining operating margins [30] Question: Private Networks in Europe - Despite geopolitical uncertainties, the company sees increasing opportunities for private networks in Europe [32] Question: Neptune Chip Update - The Neptune chip is nearing the end of post-silicon validation, with the first product based on the chip expected to be commercially deployed in 2025 [35][45] Question: Software and Managed Services Revenue - The company sees significant potential in software and managed services, particularly with smaller players and private networks, but adoption by Tier 1 operators will take time [36][37] Question: Huawei Rip and Replace Opportunities - The company is engaging with new prospects in Europe due to bans on Chinese vendors, though deployment in Europe is slower compared to other regions [38] Question: Tier 1 Operators in the U.S. - The company serves one Tier 1 operator in the U.S. with meaningful business, while engagement with others is limited due to their extensive fiber networks [39] Question: Acquisition Strategy - The company continues to pursue small M&A opportunities to augment its organic growth strategy [40] Question: G&A Gain and Non-GAAP Reporting - The $4 million gain from debt collection is included in non-GAAP results due to accounting consistency, but management suggests using $0.07 per share as a baseline for normal operations [41][42][43] Question: Competitive Chipsets - The company is not aware of any next-generation chips from competitors other than MaxLinear and believes it has a 2-3 year advantage with its Neptune chip [44] Question: Neptune Chip Commercialization - The company expects a gradual ramp-up of Neptune-based products in 2025, with more significant revenue impact in 2026 and 2027 [46][47]

Significant Penetration into Private Networks Q2 2024 India 37 % North America 24 % EMEA 20 % Latin America 10 % APAC 9 % Management Reiterates Full-Year 2024 Outlook ROSH HA'AIN, Israel, Aug. 7, 2024 /PRNewswire/ -- Ceragon (NASDAQ: CRNT), the leading solutions provider of end-to-end wireless connectivity, today reported its financial results for the second quarter period ended June 30, 2024. Q2 2024 Financial Highlights: Revenues of $96.1 million Operating income of $10.4 million on a GAAP basis, or $13.1 ...

Our customers include service providers, utilities, public safety organizations, government agencies, energy companies, and more, who rely on our wireless expertise and cutting-edge solutions for 5G & 4G broadband wireless connectivity, mission-critical services, and an array of applications that harness our ultra-high reliability and speed. Ceragon solutions are deployed by more than 600 service providers, as well as more than 1,600 private network owners, in more than 130 countries. The Company will host ...