Ceragon Networks (CRNT) Misses Q4 Earnings Estimates

Ceragon Networks (CRNT) came out with quarterly earnings of $0.02 per share, missing the Zacks Consensus Estimate of $0.03 per share. This compares to earnings of $0.09 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -20.00%. A quarter ago, it was expected that this provider of wireless backhaul services would post earnings of $0.04 per share when it actually produced earnings of $0.02, delivering a surprise of -50%.Over the l ...