Ceragon Networks (CRNT) Tops Q2 EPS by 1c, Revenues Beat

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Ceragon Networks Reports Second Quarter 2018 Financial Results

August 6, 2018 7:00 AM EDT

LITTLE FALLS, New Jersey, Aug. 6, 2018 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the second quarter which ended June 30, 2018.

Second Quarter 2018 Highlights:

Revenues - $88.3 million, down 5.4% from the second quarter of 2017, and up 6.1% from the first quarter of 2018.

Gross margin 32.5%, compared to 31.3% in the second quarter of 2017 and 33.1% in the first quarter of 2018.

Operating income - $6.4 million, compared to $8.0 million in the second... More