Ceragon Networks (NASDAQ: CRNT) reported Q3 EPS of $0.07, $0.03 better than the analyst estimate of $0.04. Revenue for the quarter came in at $86.5 million versus the consensus estimate of $82.29 million.

"We are pleased to report an excellent third quarter, with revenues above the upper end of our quarterly run rate and net income growing both sequentially and versus Q3 of 2017," said Ira Palti, president and CEO of Ceragon. "We are achieving our goal of growing net income and delivering strong cash flow, even as we continue to invest aggressively in our next generation 5G solutions, and we remain on track to attain an increase in non-GAAP net income in 2018 compared to 2017. We manage the business with net income growth as our most important metric, and our goal is to report further growth in non-GAAP net income for 2019 as well."

For earnings history and earnings-related data on Ceragon Networks (CRNT) click here.