Ceragon Networks Reports Third Quarter 2016 Financial Results

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Jefferies Raises Price Target on Ceragon Networks (CRNT) to $2.50

November 15, 2016 8:16 AM EST

Jefferies reiterated a Hold rating on Ceragon Networks (NASDAQ: CRNT), and raised the price target to $2.50 (from $2.00), following the company's 3Q earnings report. Fevenue hit $79.1M, beating Consensus of $77.6M. Q3 EPS totaled $0.06, above the Street's $0.04.

Analyst James Kisner commented, "Ceragon... More

Ceragon Networks (CRNT) Reports In-Line Q3 EPS

November 14, 2016 8:42 AM EST

Ceragon Networks (NASDAQ: CRNT) reported Q3 EPS of $0.04, in-line with the analyst estimate of $0.04. Revenue for the quarter came in at $79.1 million versus the consensus estimate of $77.57 million.

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

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