Press Release

  • Grand News Network
  • November 6, 2023

Ceragon Networks' Outlook Soars As Anticipated Siklu Deal Catalyzes Revenue Surge

Ceragon Networks Ltd (NASDAQ: CRNT) reported a third-quarter FY23 revenue increase of 10.9% year-on-year to $87.3 million, beating the consensus of $84.5 million. 

Adjusted EPS of $0.06 beat the consensus of $0.03.

Ceragon saw strong bookings in India and North America in Q3, which bolstered quarterly performance.

Adjusted operating income in Q3 was $8.0 million, compared with ...

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