Core Insights - Ceragon Networks (CRNT) reported quarterly earnings of $0.03 per share, exceeding the Zacks Consensus Estimate of $0.02 per share, but down from $0.05 per share a year ago, representing a 50% earnings surprise [1] - The company posted revenues of $88.65 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 2.08%, and showing a slight increase from $88.5 million year-over-year [2] - Ceragon shares have declined approximately 51.6% year-to-date, contrasting with the S&P 500's decline of 4.7% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.04 on revenues of $93.55 million, and for the current fiscal year, it is $0.26 on revenues of $397.4 million [7] - The estimate revisions trend for Ceragon is mixed, leading to a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Wireless Non-US industry, to which Ceragon belongs, is currently ranked in the top 27% of over 250 Zacks industries, suggesting a favorable outlook compared to lower-ranked industries [8] - Millicom International Cellular SA (TIGO), another company in the same industry, is expected to report quarterly earnings of $0.91 per share, reflecting a year-over-year increase of 68.5% [9]