CERAGON NETWORKS REPORTS 2021 FOURTH QUARTER AND FULL YEAR FINANCIAL RESULTS

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Ceragon Networks (CRNT) PT Lowered to $5.50 at Oppenheimer

February 8, 2022 8:15 AM EST

Oppenheimer analyst George Iwanyc lowered the price target on Ceragon Networks (NASDAQ: CRNT) to $5.50 (from $6.50) while maintaining an Outperform rating following results.

The analyst commented, "Ceragon reported 4Q21 results ($77.8M/($0.02)) largely in line with our expectations. Demand signals remain encouraging including a... More

Ceragon Networks (CRNT) Tops Q4 EPS by 1c, Offers Guidance

February 7, 2022 7:04 AM EST

Ceragon Networks (NASDAQ: CRNT) reported Q4 EPS of $0.02, $0.01 better than the analyst estimate of $0.01. Revenue for the quarter came in at $77.8 million versus the consensus estimate of $77.18 million.

GUIDANCE:

Ceragon Networks sees FY2022 revenue of $305-320 million, versus the consensus of... More