Ceragon Networks (CRNT) Tops Q3 EPS by 2c

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Ceragon Networks Reports Third Quarter 2015 Financial Results

November 2, 2015 7:30 AM EST

LITTLE FALLS, N.J., Nov. 2, 2015 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today reported results for the third quarter which ended September 30, 2015.

Third Quarter 2015 Highlights:

Revenues - $85.4 million, compared to $99.0 million for the third quarter of 2014, and compared to $94.8 million in the second quarter of 2015.

Gross margin 31.9% of revenues, compared to 25.6% of revenues in the third quarter of 2014, and compared to 28.2% of revenues in the second quarter of 2015.

Operating income (loss) Operating income of $6.2 million, compared to an... More