Ceragon Networks (CRNT) Tops Q4 EPS by 1c

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Go back to Ceragon Networks (CRNT) Tops Q4 EPS by 1c

Ceragon Networks Reports Fourth Quarter and Full Year 2016 Financial Results

February 15, 2017 7:00 AM EST

LITTLE FALLS, New Jersey, Feb. 15, 2017  /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today reported results for the fourth quarter and full year ended December 31, 2016.

Fourth Quarter 2016 Highlights:

Revenues $84.7 million, up 12% from the fourth quarter of 2015, and up 7% from the third quarter of 2016.

Gross margin 32.5%, compared to 32.8% in the fourth quarter of 2015 and 32.9% in the third quarter of 2016.

Operating income $8.5 million, compared to an operating income of $8.9 million in the fourth quarter of 2015 and an operating income of $5.8 million in... More