Ceragon Networks (CRNT) Reports In-Line Q3 EPS

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Go back to Ceragon Networks (CRNT) Reports In-Line Q3 EPS

Ceragon Networks Reports Third Quarter 2017 Financial Results

November 6, 2017 7:00 AM EST

LITTLE FALLS, New Jersey, Nov. 6, 2017 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the third quarter which ended September 30, 2017.

Third Quarter 2017 Highlights:

Revenues - $76.0 million, down 4.0% from the third quarter of 2016, and down 18.6% from the second quarter of 2017.

Gross margin 35.1%, compared to 32.9% in the third quarter of 2016 and 31.3% in the second quarter of 2017.

Operating income - $5.7 million, compared to $5.8 million in the third quarter of 2016, and $8.0 million in the second quarter of 2017.... More