Ceragon Networks (CRNT) Tops Q4 EPS by 1c
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Ceragon Networks Reports Fourth Quarter and Full Year 2017 Financial Results
February 12, 2018 7:00 AM ESTLITTLE FALLS, New Jersey, Feb. 12, 2018 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today reported results for the fourth quarter and full year ended December 31, 2017.
Fourth Quarter 2017 Highlights:
Revenues - $86.7 million, up 2.4% from the fourth quarter of 2016, and up 14.1% from the third quarter of 2017.
Gross margin 33.6%, compared to 32.5% in the fourth quarter of 2016 and 35.1% in the third quarter of 2017.
Operating income - $7.5 million, compared to $8.5 million in the fourth quarter of 2016, and $5.7 million in the third quarter of... More
