Ceragon Networks (CRNT) Misses Q4 EPS by 5c, Revenues Miss

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Go back to Ceragon Networks (CRNT) Misses Q4 EPS by 5c, Revenues Miss

Ceragon Networks Reports Fourth Quarter and Full Year 2019 Financial Results

February 10, 2020 7:00 AM EST

LITTLE FALLS, New Jersey, Feb. 10, 2020 /PRNewswire/ -- Ceragon Networks Ltd. (NASDAQ: CRNT), the #1 wireless backhaul specialist today reported results for the fourth quarter and full year ended December 31, 2019.

Fourth Quarter 2019 Highlights:

Revenues - $71.3 million, down 16.9% from the fourth quarter of 2018, and down 1.3% from the third quarter of 2019.

Gross margin  31.7%, compared to 34.4% in the fourth quarter of 2018 and 32.2% in the third quarter of 2019.

Operating income (loss)... More