ROSH HA AYIN, Israel (AP) — ROSH HA AYIN, Israel (AP) — Ceragon Networks Ltd. (CRNT) on Tuesday reported profit of $3.6 million in its fourth quarter.
The Rosh Ha Ayin, Israel-based company said it had net income of 4 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were 9 cents per share.
The provider of wireless backhaul services posted revenue of $106.9 million in the period.
For the year, the company reported profit of $24.1 million, or 27 cents per share. Revenue was reported as $394.2 million.
Ceragon expects full-year revenue in the range of $390 million to $430 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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