Ceragon Networks (CRNT) Tops Q3 EPS by 3c, Revenues Beat

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Ceragon Networks Reports Third Quarter 2018 Financial Results

November 5, 2018 7:01 AM EST

LITTLE FALLS, New Jersey, Nov. 5, 2018 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the third quarter which ended September 30, 2018.

Third Quarter 2018 Highlights:

Revenues - $86.5 million, up 13.9% from the third quarter of 2017, and down 2.0% from the second quarter of 2018.

Gross margin - 35.0%, compared to 35.1% in the third quarter of 2017 and 32.5% in the second quarter of 2018.

Operating income - $7.9 million, compared to $5.7 million... More