Ceragon Networks (CRNT) Reports In-Line Q2 EPS

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Go back to Ceragon Networks (CRNT) Reports In-Line Q2 EPS

CERAGON NETWORKS REPORTS 2022 SECOND QUARTER FINANCIAL RESULTS

August 1, 2022 7:24 AM EDT

ROSH HA'AIN, Israel, Aug. 1, 2022 /PRNewswire/ --

Q2 2022 Financial Highlights:

Revenues of $70.7 millionOperating Income (loss) of $(0.3) million on a GAAP basis, or $0.4 million on a non-GAAP basisEPS of $(0.02) per diluted share on a GAAP basis, or $(0.03) per diluted share on a non-GAAP basis

Q2 2022 Business Highlights: 

Strong bookings in North America, Europe, India, Latin America and APACNorth America: Record quarter in terms of bookings; represents 26% of all bookings. Bookings grew by 38% over Q1 2022. Strong backlog. Leading Tier 1 operator is intensively... More