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Ceragon Reports 11.5% Increase in Quarterly Revenue, GAAP EPS of $0.09 Per Share in the Second Quarter
Prnewswire· 2024-08-07 11:00
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 ...
Ceragon to Announce Second Quarter 2024 Financial Results and Host Investor Conference Call on August 7, 2024
Prnewswire· 2024-07-24 10:00
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 ...
Ceragon's New Smart Activation Key Software Gains Significant Adoption, Enabling SaaS Models and Recurring Revenue Streams
Prnewswire· 2024-07-23 11:00
Ceragon's Smart Activation Key has already seen meaningful adoption, with tens of thousands of licenses ordered, and deployment underway, to several customers within the first half of the fiscal year. Notably, a portion of these licenses were already sold under the recurring revenue model, indicating customer support and demand for ongoing, subscription-based solutions. About Ceragon financial condition, results of operations, micro and macro market trends and other issues addressed or reflected therein. Ex ...
Leading American ISP Orders Siklu by Ceragon E-Band Product in Multi-Million Dollar Deal to Expand Network Coverage
Prnewswire· 2024-07-09 10:00
Ceragon to deliver almost one thousand new E-Band links to leading ISP in 2024 ROSH HA'AIN, Israel, July 9, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the leading solutions provider of end-to-end wireless connectivity, today announced a multi-million-dollar order from a leading American Internet Service Provider (ISP). The deal extends a robust partnership spanning more than half a decade that leverages advanced Siklu by Ceragon technology to deliver broadband internet service across the Uni ...
3 Wireless Non-US Stocks to Buy Despite Industry Challenges
ZACKS· 2024-06-24 14:35
SK Telecom Co., Ltd. (SKM) , KT Corporation (KT) and Ceragon Networks Ltd. (CRNT) are likely to capitalize on the rising demand for scalable infrastructure for seamless connectivity of wireless and fiber networks, with the wide proliferation of IoT and accelerated 5G deployment. The Zacks Wireless Non-US industry comprises mobile telecommunications and broadband service providers based on foreign shores. These companies primarily offer voice services, including local, domestic and international calls, roami ...
Ceragon Names Robert Wadsworth to its Board of Directors
Prnewswire· 2024-05-30 12:30
ROSH HA'AIN, Israel, May 30, 2024 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of end-to-end wireless connectivity solutions, today announced the appointment of Mr. Robert Wadsworth as a member of its Board of Directors. Mr. Wadsworth is an accomplished venture capitalist and private equity investor who brings extensive M&A experience from the U.S. capital markets. Robert Wadsworth was a founding partner of HarbourVest Partners in 1986, serving as ...
Ceragon Networks(CRNT) - 2024 Q1 - Earnings Call Transcript
2024-05-07 15:04
Ceragon Networks Ltd. (NASDAQ:CRNT) Q1 2024 Earnings Conference Call May 7, 2024 8:30 AM ET Company Participants Doron Arazi Rob Fink - Head of IR Doron Arazi - Chief Executive Officer Ronen Stein - Chief Financial Officer Our new products and solutions are serving as a catalyst for our business. As expected, our new offerings are creating higher customer interest and are starting to translate the bookings and revenue. We used Mobile World Congress as a venue to showcase our next generation solutions. We al ...
Ceragon Records Nearly $10 Million Quarter Booking for Energy Sector
Prnewswire· 2024-05-02 10:00
Ceragon continues to bring innovative wireless connectivity solutions to Private Networks for new and existing customers across the Energy Vertical ROSH 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 qu ...
Ceragon Networks to Announce First Quarter 2024 Financial Results and Host Investor Conference Call on May 7, 2024
Prnewswire· 2024-04-24 10:00
ROSH HA'AIN, Israel, April 24, 2024 /PRNewswire/ --Ceragon Networks Ltd. (NASDAQ: CRNT), the global innovator and leading solutions provider of 5G wireless transport, today announced that it will release its earnings results for the first quarter ended March 31, 2024 on Tuesday, May 7, 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 ...
Ceragon Networks Ltd.: A Great Value Opportunity, Buy
Seeking Alpha· 2024-04-09 08:07
Funtap/iStock via Getty Images Investment Thesis Ceragon Networks Ltd. (NASDAQ:CRNT) stock is up 87.65% over the last year, outpacing the S&P 500 in a margin of about 60.42%. Seeking Alpha Despite the strong rally, I am bullish on this stock because, from a valuation and technical standpoint, the stock has an attractive runway before hitting its fair value of about $5.78. My bullish stance is backed by the company’s strong financial performance, market position, industry trends, and technological adva ...