Ceragon Networks (CRNT) Tops Q2 EPS by 2c

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Ceragon Networks Reports 2021 Third Quarter Financial Results

November 1, 2021 7:00 AM EDT

 Q3 2021 Financial Highlights:

Revenues of $76.1 million Operating income of $2.9 million on a GAAP basis, or $4.0 million on a non-GAAP basis EPS of $0.00 per diluted share on a GAAP basis, or $0.02 per diluted share on a non-GAAP basis

Q3 2021 Business Highlights:

Strong bookings in North America, India and Europe; book-to-bill above 1 Eighteen 5G design wins to date, across all geographies North America:         o    Strong quarter, especially in regards to Tier 1 activity        o    5G-related bookings accounted for over... More