Ceragon Networks (CRNT) Tops Q3 EPS by 5c, Offers Guidance

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Go back to Ceragon Networks (CRNT) Tops Q3 EPS by 5c, Offers Guidance

CERAGON NETWORKS REPORTS 2022 THIRD QUARTER FINANCIAL RESULTS

November 7, 2022 7:00 AM EST

Q3 2022 Financial Highlights:

Revenues of $78.6 millionGross margin of 35.3% on a GAAP basis, or 35.5% on a non-GAAP basis Operating Income of $1.3 million on a GAAP basis, or $6.4 million on a non-GAAP basisEPS of $(0.01) per diluted share on a GAAP basis, or $0.05 per diluted share on a non-GAAP basis

Q3 2022 Business Highlights: 

Record quarter in terms of bookings, the highest since the beginning of 2017, mainly from India and North... More