Ceragon Networks (CRNT) Misses Q1 EPS by 1c

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Go back to Ceragon Networks (CRNT) Misses Q1 EPS by 1c

Ceragon Networks Reports First Quarter 2019 Financial Results

May 6, 2019 7:00 AM EDT

LITTLE FALLS, New Jersey, May 6, 2019 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist, today reported results for the first quarter ended March 31, 2019.

First Quarter 2019 Highlights

Revenues - $69.2 million, down 16.9% from the first quarter of 2018, and down 19.3% from the fourth quarter of 2018.

Gross margin - 35.6%, compared to 33.1% in the first quarter of 2018 and 34.4% in the fourth quarter of 2018.

Operating income... More