Ceragon Networks (CRNT) Surpasses Q1 Earnings and Revenue Estimates

Ceragon Networks (CRNT) came out with quarterly earnings of $0.03 per share, beating the Zacks Consensus Estimate of$ 0.02 per share. This compares to earnings of $0.05 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 50%. A quarter ago, it was expected that this provider of wireless backhaul services would post earnings of$ 0.10 per share when it actually produced earnings of $0.09, delivering a surprise of -10%.Over the last ...