Ceragon Networks Reports 2020 Fourth Quarter and Full Year Financial Results
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Ceragon Networks (CRNT) Misses Q4 EPS by 4c, Revenues Beat
February 8, 2021 7:08 AM ESTCeragon Networks (NASDAQ: CRNT) reported Q4 EPS of ($0.04), $0.04 worse than the analyst estimate of $0.00. Revenue for the quarter came in at $74 million versus the consensus estimate of $72.12 million.
Q4 2020 Financial Highlights:
Revenues of $74.0 millionOperating Income (loss) of $(1.5) million on a GAAP basis, or $0.5 million on a non-GAAP basisEPS of $(0.08) per diluted share on a GAAP basis, or $(0.04) per diluted share on a non-GAAP basisCash flow provided by operating activities of $11.1 million; Returned $11.9M of short-term loansQ4 2020 Business Highlights:
Revenues return to normal... More