Ceragon: Q3 Earnings Snapshot

Associated Press Finance
2024-11-13

ROSH HA AYIN, Israel (AP) — ROSH HA AYIN, Israel (AP) — Ceragon Networks Ltd. (CRNT) on Wednesday reported profit of $12.2 million in its third quarter.

The Rosh Ha Ayin, Israel-based company said it had net income of 14 cents per share. Earnings, adjusted for stock option expense and non-recurring costs, were 16 cents per share.

The provider of wireless backhaul services posted revenue of $102.7 million in the period.

Ceragon expects full-year revenue in the range of $390 million to $400 million.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on CRNT at https://www.zacks.com/ap/CRNT

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