Ceragon Networks (CRNT) Investor Presentation - Slideshow

Ceragon's Strategic Positioning - Ceragon is positioned to capitalize on the 5G evolution as a global innovator and leading solutions provider of 5G wireless transport[1] - Ceragon has a long history of innovating on transitions between wireless generations, with significant growth during the transitions from 2G to 3G and 3G to 4G[13] - Ceragon is well-positioned to leverage the transition from 4G to 5G, providing operators with the technology, expertise, and services they need[14] - Ceragon's in-house built chipset is a key differentiator, offering higher performance at speeds of 100GB, lower costs, and shorter time to market[14] - Ceragon is positioned to be the technology leader of wireless hauling for 5G due to disruption in the market[14] Market Dynamics and Growth - The urgent need for more network capacity was created because 2020 brought a mass exodus to the online world[12] - Telecommunications companies (Telcos) are pushed to accelerate their 5G plans, driving the transition from 4G to 5G[12] - Approximately 45% of all cell sites globally are connected by wireless hauling, making it an essential part of any network evolution for faster and more cost-effective deployments[17] Financial Performance and Metrics - Ceragon's revenue mix is balanced across different regions[15] - Ceragon's Q1 2021 revenues were $68.3 million, and the gross margin was 29.6%[26] - Ceragon sees a path to returning to historical gross margin levels, with a 2021E gross margin of 30%-34%[27] - Ceragon's cash balance increased from $27.1 million in Q4 2020 to $33 million in Q1 2021[28]