Ceragon Networks (CRNT) Reports Q1 EPS of $0.00
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Ceragon Networks Reports First Quarter 2017 Financial Results
May 11, 2017 7:01 AM EDTLITTLE FALLS, New Jersey, May 11, 2017 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the first quarter ended March 31, 2017.
First Quarter 2017 Highlights:
Revenues $76.0 million, up 27.1% from the first quarter of 2016, and down 10.2% from the fourth quarter of 2016.Â
Gross margin 29.3%, compared to 35.6% in the first quarter of 2016 and 32.5% in the fourth quarter of 2016.
Operating income $2.0 million, compared to operating income of $1.2 million in the first quarter of 2016 and operating income of $8.5 million in the fourth quarter of 2016.
Net... More
