STOCK TITAN

Ceragon Networks Ltd - CRNT STOCK NEWS

Welcome to our dedicated page for Ceragon Networks news (Ticker: CRNT), a resource for investors and traders seeking the latest updates and insights on Ceragon Networks stock.

Ceragon Networks Ltd (CRNT) provides cutting-edge wireless backhaul solutions powering global 5G networks and private communications infrastructure. This news hub offers investors and industry professionals a centralized source for tracking the company's strategic developments.

Discover official press releases covering network deployments, financial results, and technological breakthroughs. Our curated collection includes updates on wireless transport innovations, global market expansions, and SaaS solution launches critical for modernizing telecommunications infrastructure.

Key content categories include earnings announcements, partnership agreements, product enhancements, and industry recognition. Stay informed about CRNT's role in enabling high-capacity connectivity for mobile operators, energy providers, and government networks worldwide.

Bookmark this page for streamlined access to verified updates about Ceragon's multicore technology advancements and operational milestones. Check regularly for insights into how CRNT addresses evolving demands for efficient spectrum use and rapid network modernization.

Rhea-AI Summary
Ceragon Networks Ltd. reported its Q3 2023 financial results, with revenues of $87.3 million, up 10.9% YoY. The company generated $3.4 million in GAAP net income and $10.8 million in positive free cash flow. Ceragon announced the definitive agreement to acquire Siklu to expand presence in North America. India was the strongest region in terms of revenue. Ceragon management raised the midpoint of its full-year revenue guidance to $338 million to $346 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.01%
Tags
none
-
Rhea-AI Summary
Ceragon Networks is set to acquire Siklu for $13-15 million, which is expected to increase its global market share in the mmW market and expand its offering with PtMP solutions. The acquisition is projected to generate $25-$29 million in incremental revenue by 2024 and improve Ceragon's gross margins. The company expects the transaction to be accretive to non-GAAP earnings by the second half of 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.13%
Tags
-
Rhea-AI Summary
Ceragon Networks to release Q3 2023 financial results on November 6th
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.7%
Tags
Rhea-AI Summary
Ceragon Networks Ltd. reported its Q2 2023 financial results, with revenues of $86.2 million and GAAP net income of $2.1 million. The company raised its full-year revenue outlook to $334-$348 million. Ceragon also highlighted its strong performance in India and North America, as well as the multi-year contract it won with the City of Cincinnati.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
7.92%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.91%
Tags
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.81%
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.57%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.1%
Tags
Rhea-AI Summary

Ceragon Networks Ltd. (NASDAQ: CRNT) has announced it will release its first quarter earnings results for the period ending March 31, 2023 on May 1, 2023, before market opening. Following the release, the company will host a Zoom web conference at 9:00 a.m. ET to discuss the financial results, including a Q&A session for the investment community. Investors can register for the event through a provided link. A recording will be available on the company's website within 24 hours after the call.

Ceragon, a leader in 5G wireless transport, serves over 600 service providers across 130 countries, enhancing operational efficiency and quality of experience through innovative wireless backhaul and fronthaul solutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.09%
Tags
Ceragon Networks Ltd

Nasdaq:CRNT

CRNT Rankings

CRNT Stock Data

182.31M
76.48M
18.8%
21.64%
0.47%
Communication Equipment
Technology
Link
Israel
Rosh Haayin